Price to Compete … with Many: How to Identify Price Competition in High-Dimensional Space
Published Online:14 Sep 2017https://doi.org/10.1287/mnsc.2017.2820
References
- (2010) Dynamic pricing and inventory control: Uncertainty and competition. Oper. Res. 58(2):289–302.Link, Google Scholar
- (2011) A choice-based dynamic programming approach for setting opaque prices. Production Oper. Management 21(3):590–605.Crossref, Google Scholar
- (1989) Demand for differentiated products, discrete choice models, and the characteristics approach. Rev. Econom. Stud. 56(1):21–35.Crossref, Google Scholar
- (2016) Accurate emergency department wait time prediction. Manufacturing Service Oper. Management 18(1):141–156.Link, Google Scholar
- (2012) Sparse models and methods for optimal instruments with an application to eminent domain. Econometrica 80(6):2369–2429.Crossref, Google Scholar
- (1989) Application of a probabilitics decision model to airline seat inventory control. Oper. Res. 37(2):183–197.Link, Google Scholar
- (2015) Amazon’s third-party merchants are a growing piece of the sales pie. Digits (blog) (January 5), https://blogs.wsj.com/digits/2015/01/05/amazons-third-party-merchants-a-growing-piece-of-the-sales-pie/.Google Scholar
- (2009) Choice-based revenue management: Data from a major hotel chain. Manufacturing Service Oper. Management 11(2):356–361.Link, Google Scholar
- (2007) The Future of Pricing: How Airline Ticket Pricing Has Inspired a Revolution (Palgrave-Macmillan, New York).Crossref, Google Scholar
- (2011) Statistics for High-Dimensional Data: Methods, Theory and Applications (Springer, New York).Crossref, Google Scholar
- (2011) Bootstrapping Lasso estimators. J. Amer. Statist. Assoc. 106(494):608–625.Crossref, Google Scholar
- (2009) Revenue management’s renaissance: A rebirth of the art and science of profitable revenue generation. Cornell Hospitality Quart. 50(1):56–81.Crossref, Google Scholar
- (1995) Estimating markups and market conduct with multidimensional product attributes. Rev. Econom. Stud. 62(1):19–52.Crossref, Google Scholar
- (2018) Competition-based dynamic pricing in online retailing: A methodology validated with field experiments. Management Sci. 64(6):2496–2514.Link, Google Scholar
- (2010) Regularization paths for generalized linear models via coordinate descent. J. Statist. Software 33(1):1–22.Crossref, Google Scholar
- (1979) Price competition, quality, and income disparities. J. Econom. Theory 20(3):340–359.Crossref, Google Scholar
- (2014) Dynamic pricing of perishable assets under competition. Management Sci. 60(5):1241–1259.Link, Google Scholar
- (1994) Optimal dynamic pricing of inventories with stochastic demand over finite horizons. Marketing Sci. 40(8):999–1020.Abstract, Google Scholar
- (1978) Specification tests in econometrics. Econometrica 46(6):1251–1271.Crossref, Google Scholar
- (1929) Stability in competition. Econom. J. 39(153):41–57.Google Scholar
- (2014) Search for differentiated products: Identification and estimation. RAND J. Econom. 45(3):553–575.Crossref, Google Scholar
- (2014) Identifying competitors in markets with fixed product offerings. Working paper, Columbia Business School, New York.Crossref, Google Scholar
- (2014) Are consumers strategic? Structural estimation from the air-travel industry. Management Sci. 60(9):2114–2137.Link, Google Scholar
- (2011) Dynamic price competition with fixed capacities. Management Sci. 57(6):1078–1093.Link, Google Scholar
- (2005) Revenue management games: Horizontal and vertical competition. Management Sci. 51(5):813–831.Link, Google Scholar
- (2014) Estimation of choice-based models using sales data from a single firm. Manufacturing Service Oper. Management 16(2):184–197.Link, Google Scholar
- (2009) Competing retailers and inventory: An empirical investigation of General Motors' dealerships in isolated U.S. markets. Management Sci. 55(9):1586–1604.Link, Google Scholar
- (2002) Spatial price competition: A semiparametric approach. Econometrica 70(3):1111–1153.Crossref, Google Scholar
- (2016) The big data newsvendor: Practical insights from machine learning. Working paper, London Business School, London.Google Scholar
- (2015) Cultivating disaster donors using data analytics. Management Sci. 62(3):849–866.Link, Google Scholar
- (1979) Monopolistic competition with outside goods. Bell J. Econom. 10(1):141–156.Crossref, Google Scholar
- (2005) The Theory and Practice of Revenue Management (Springer, New York).Crossref, Google Scholar
- (2018) Multiattribute loss aversion and reference dependence: Evidence from the performing arts industry. Management Sci. 64(1):421–436.Link, Google Scholar
- (2008) Two-stage residual inclusion estimation: Addressing endogeneity in health econometric modeling. J. Health Econom. 27(3):531–543.Crossref, Google Scholar
- (1996) Regression shrinkage and selection via the lasso. J. Roy. Statist. Soc. 58(1):267–288.Google Scholar
- (1988) The Theory of Industrial Organization (MIT Press, Cambridge, MA).Google Scholar
- (2010) Choice-based revenue management: An empirical study of estimation and optimization. Manufacturing Service Oper. Management 12(3):371–392.Link, Google Scholar
- (2007) Tuning parameter selector for the smoothly clipped absolute deviation method. Biometrika 94(3):553–568.Crossref, Google Scholar
- (2010) Econometric Analysis of Cross Section and Panel Data, 2nd ed. (MIT Press, Cambridge, MA).Google Scholar
- (2006) The adaptive lasso and its oracle properties. J. Amer. Statist. Assoc. 101(476):1418–1429.Crossref, Google Scholar

