Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/1721.1/3999
Title: Dynamic Pricing in a Competitive Environment
Keywords: pricing
competition
dynamic programming
Issue Date: 9-Oct-2013
Description: We present a dynamic optimization approach for perishable products in a competitive and dynamically changing market. We build a general optimization framework that ties together the competetive and the dynamic nature of pricing. This approach also allows differential pricing for large customers as well as demand learning for the seller. We analyze special cases of the model and illustrate the policies numerically.
Singapore-MIT Alliance (SMA)
URI: http://koha.mediu.edu.my:8181/xmlui/handle/1721
Other Identifiers: http://hdl.handle.net/1721.1/3999
Appears in Collections:MIT Items

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