Simple Policies for Dynamic Pricing with Imperfect Forecasts

References

• Akan M, Ata B. Bid-price controls for network revenue management: Martingale characterization of optimal bid prices. Math. Oper. Res. (2009) 34(4):912–936Link, Google Scholar
• Araman VF, Caldentey R. Dynamic pricing for nonperishable products with demand learning. Oper. Res. (2009) 57(5):1169–1188Link, Google Scholar
• Aviv Y, Pazgal A. A partially observed Markov decision process for dynamic pricing. Management Sci. (2005a) 51(8):1400–1416Link, Google Scholar
• Aviv Y, Pazgal A. Pricing of short life-cycle products through active learning. (2005b) . Working paper, Olin School of Business, Washington University, St. LouisGoogle Scholar
• Bass F. A new product growth for model consumer durables. Management Sci. (1969) 15(5):215–227Link, Google Scholar
• Besbes O, Maglaras C. Revenue optimization for a make-to-order queue in an uncertain market environment. Oper. Res. (2009) 57(6):1438–1450Link, Google Scholar
• Besbes O, Zeevi A. Dynamic pricing without knowing the demand function: Risk bounds and near-optimal algorithms. Oper. Res. (2009) 57(6):1407–1420Link, Google Scholar
• Bitran G, Caldentey R. An overview of pricing models for revenue management. Manufacturing Service Oper. Management (2003) 5(3):203–229Link, Google Scholar
• Bitran G, Mondschein S. Periodic pricing of seasonal products in retailing. Management Sci. (1997) 43(1):64–79Link, Google Scholar
• Boyaci T, Özer Ö. Information acquisition for capacity planning via pricing and advance selling: When to stop and act? Oper. Res. (2010) 58(5):1328–1349Link, Google Scholar
• Elmaghraby W, Keskinocak P. Dynamic pricing: Research overview, current practices and future directions. Management Sci. (2003) 49(10):1287–1309Link, Google Scholar
• Farias V, Van Roy B. Dynamic pricing with a prior on market response. Oper. Res. (2010) 58(1):16–29Link, Google Scholar
• Gallego G, van Ryzin G. Optimal dynamic pricing of inventories with stochastic demand over finite horizons. Management Sci. (1994) 40(8):999–1020Link, Google Scholar
• Gallego G, van Ryzin G. A multiproduct dynamic pricing problem and its applications to network yield management. Oper. Res. (1997) 45(1):24–41Link, Google Scholar
• Gaur V, Giloni A, Seshadri S. Information sharing in a supply chain under ARMA demand. Management Sci. (2005) 51(6):961–969Link, Google Scholar
• Graves S. A single-item inventory model for a nonstationary demand process. Manufacturing Service Oper. Management (1999) 1(1):50–61Link, Google Scholar
• Lee H, So K, Tang C. The value of information sharing in a two-level supply chain. Management Sci. (2000) 46(5):626–643Link, Google Scholar
• Maglaras C. Revenue management for a multiclass single-server queue via a fluid model analysis. Oper. Res. (2006) 54(5):914–932Link, Google Scholar
• Maglaras C, Meissner J. Dynamic pricing strategies for multiproduct revenue management problems. Manufacturing Service Oper. Management (2006) 8(2):136–148Link, Google Scholar
• McGill J, van Ryzin G. Revenue management: Research overview and prospects. Transportation Sci. (1999) 33(2):233–256Link, Google Scholar
• Raghunathan S. Information sharing in a supply chain: A note on its value when demand is nonstationary. Management Sci. (2001) 47(4):605–610Link, Google Scholar
• Talluri K, van Ryzin G. The Theory and Practice of Revenue Management (2004) (Springer Science + Business Media, New York) Crossref, Google Scholar
• Xu X, Hopp W. Dynamic pricing and inventory control: The value of demand learning. (2004) . Working paper, Rutgers Business School, Newark, NJGoogle Scholar
• Zhao W, Zheng Y. Optimal dynamic pricing for perishable assets with nonhomogeneous demand. Management Sci. (2000) 46(3):375–388Link, Google Scholar