Partition and Prosper: Design and Pricing of Single Bundle

Published Online:https://doi.org/10.1287/opre.2022.0465

References

  • Abdallah T, Asadpour A, Reed J (2021) Large-scale bundle-size pricing: A theoretical analysis. Oper. Res. 69(4):1158–1185.LinkGoogle Scholar
  • Adams WJ, Yellen JL (1976) Commodity bundling and the burden of monopoly. Quart. J. Econom. 90(3):475–498.CrossrefGoogle Scholar
  • Babaioff M, Immorlica N, Lucier B, Weinberg SM (2020) A simple and approximately optimal mechanism for an additive buyer. J. ACM 67(4):24.CrossrefGoogle Scholar
  • Bagnoli M, Bergstrom T (2005) Log-concave probability and its applications. Econom. Theory 26(2):445–469.CrossrefGoogle Scholar
  • Bakos Y, Brynjolfsson E (1999) Bundling information goods: Pricing, profits, and efficiency. Management Sci. 45(12):1613–1630.LinkGoogle Scholar
  • Bhargava HK (2013) Mixed bundling of two independently valued goods. Management Sci. 59(9):2170–2185.LinkGoogle Scholar
  • Bitran GR, Ferrer JC (2007) On pricing and composition of bundles. Production Oper. Management 16(1):93–108.CrossrefGoogle Scholar
  • Carroll G (2017) Robustness and separation in multidimensional screening. Econometrica 85(2):453–488.CrossrefGoogle Scholar
  • Chen N, Li X, Li Z, Wang C (2022) Component pricing with bundle size discount. Preprint, submitted February 16, http://dx.doi.org/10.2139/ssrn.4032247.Google Scholar
  • Chu CS, Leslie P, Sorensen A (2011) Bundle-size pricing as an approximation to mixed bundling. Amer. Econom. Rev. 101(1):263–303.CrossrefGoogle Scholar
  • Clarkson KL, Shor PW (1989) Applications of random sampling in computational geometry, II. Discrete Comput. Geometry 4(5):387–421.CrossrefGoogle Scholar
  • Daskalakis C, Deckelbaum A, Tzamos C (2017) Strong duality for a multiple-good monopolist. Econometrica 85(3):735–767.CrossrefGoogle Scholar
  • Dhangwatnotai P, Roughgarden T, Yan Q (2015) Revenue maximization with a single sample. Games Econom. Behav. 91:318–333.CrossrefGoogle Scholar
  • Eppen GD, Hanson WA, Martin RK (1991) Bundling—New products, new markets, low risk. Sloan Management Rev. 32(4):7–14.Google Scholar
  • Ettl M, Harsha P, Papush A, Perakis G (2020) A data-driven approach to personalized bundle pricing and recommendation. Manufacturing Service Oper. Management 22(3):461–480.LinkGoogle Scholar
  • Fang H, Norman P (2006) To bundle or not to bundle. RAND J. Econom. 37(4):946–963.CrossrefGoogle Scholar
  • Frazier PI (2018) A tutorial on Bayesian optimization. Preprint, submitted July 8, https://arxiv.org/abs/1807.02811.Google Scholar
  • Geng X, Stinchcombe MB, Whinston AB (2005) Bundling information goods of decreasing value. Management Sci. 51(4):662–667.LinkGoogle Scholar
  • Ghili S (2023) A characterization for optimal bundling of products with nonadditive values. Amer. Econom. Rev. Insights 5(3):311–326.CrossrefGoogle Scholar
  • Haghpanah N, Hartline J (2021) When is pure bundling optimal? Rev. Econom. Stud. 88(3):1127–1156.CrossrefGoogle Scholar
  • Hanson W, Martin RK (1990) Optimal bundle pricing. Management Sci. 36(2):155–174.LinkGoogle Scholar
  • Hitt LM, Chen P-y (2005) Bundling with customer self-selection: A simple approach to bundling low-marginal-cost goods. Management Sci. 51(10):1481–1493.LinkGoogle Scholar
  • Ibragimov R, Walden J (2010) Optimal bundling strategies under heavy-tailed valuations. Management Sci. 56(11):1963–1976.LinkGoogle Scholar
  • Li X, Sun H, Teo CP (2022) Convex optimization for bundle size pricing problem. Management Sci. 68(2):1095–1106.LinkGoogle Scholar
  • Ma W, Simchi-Levi D (2021) Reaping the benefits of bundling under high production costs. Internat. Conf. Artificial Intelligence Statist. (PMLR, New York), 1342–1350.Google Scholar
  • McAfee RP, McMillan J, Whinston MD (1989) Multiproduct monopoly, commodity bundling, and correlation of values. Quart. J. Econom. 104(2):371–383.CrossrefGoogle Scholar
  • Schmalensee R (1984) Gaussian demand and commodity bundling. J. Bus. 57(1):S211–S230.CrossrefGoogle Scholar
  • Schweizer N, Szech N (2019) Performance bounds for optimal sales mechanisms beyond the monotone hazard rate condition. J. Math. Econom. 82(2019):202–213.CrossrefGoogle Scholar
  • Song JS, Xue Z (2021) Demand shaping through bundling and product configuration: A dynamic multiproduct inventory-pricing model. Oper. Res. 69(2):525–544.LinkGoogle Scholar
  • Stigler GJ (1963) United States v. Loew’s Inc.: A note on block-booking. Supreme Court Rev. 1963(1963):152–157.CrossrefGoogle Scholar
  • Thanassoulis J (2004) Haggling over substitutes. J. Econom. Theory 117(2):217–245.CrossrefGoogle Scholar
  • Venkatesh R, Mahajan V (1993) A probabilistic approach to pricing a bundle of products or services. J. Marketing Res. 30(4):494–508.CrossrefGoogle Scholar
  • Venkatesh R, Mahajan V (2009) The design and pricing of bundles: A review of normative guidelines and practical approaches. Rao VR, ed. Handbook of Pricing Research in Marketing (Edward Elgar Publishing, Cheltenham, UK), 232–257.CrossrefGoogle Scholar
  • Wu JF, Tawarmalani M, Kannan KN (2019) Cardinality bundling with Spence–Mirrlees reservation prices. Management Sci. 65(4):1891–1908.LinkGoogle Scholar
  • Wu S-y, Hitt LM, Chen P-y, Anandalingam G (2008) Customized bundle pricing for information goods: A nonlinear mixed-integer programming approach. Management Sci. 54(3):608–622.LinkGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.