Price volatility of revenue managed goods: implications for demand and price elasticity

DOI10.1016/j.ejor.2023.07.018OpenAlexW4384701498MaRDI QIDQ6087506

Paolo Malighetti, Chiara Morlotti, Benny Mantin, Renato Redondi

Publication date: 15 November 2023

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2023.07.018

zbMATH Keywords

dynamic pricingrevenue managementlab experimentprice volatilityprice elasticity

Mathematics Subject Classification ID

Operations research and management science (90Bxx)

Cites Work

• Recent research developments of strategic consumer behavior in operations management
• A review of revenue management: recent generalizations and advances in industry applications
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• Dynamic Pricing with Loss-Averse Consumers and Peak-End Anchoring
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• Purchasing, Pricing, and Quick Response in the Presence of Strategic Consumers
• Optimal Markdown Pricing: Implications of Inventory Display Formats in the Presence of Strategic Customers
• Becoming Strategic: Endogenous Consumer Time Preferences and Multiperiod Pricing
• Models of the Spiral-Down Effect in Revenue Management
• Revenue Management Under a General Discrete Choice Model of Consumer Behavior
• Dynamic Pricing and Learning with Finite Inventories
• Optimal Dynamic Pricing of Inventories with Stochastic Demand over Finite Horizons
• Behavioral Anomalies in Consumer Wait-or-Buy Decisions and Their Implications for Markdown Management

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