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Showing 1 to 20 of 34 for “"optimal pricing"”.

  1. Optimal Pricing and Capacity Planning in Operations Management

    Pricing and capacity allocation are two important decisions that a service provider needs to make to maximize service quality and profit. This thesis attempts to address the pricing and capacity planning problems in operations management from the following three aspects. We first study a capacity …

    toronto-retro Repository record for Optimal Pricing and Capacity Planning in Operations Management (opens in a new tab)

  2. Optimal Pricing for a Service Facility with Congestion Penalties

    We consider the optimal pricing problem in a service facility in order to maximize its long-run average profit per unit time. We model the facility as a queueing process that may have finite or infinite capacity. Customers are admitted into the system if it is not full and if they are willing to …

    gatech Repository record for Optimal Pricing for a Service Facility with Congestion Penalties (opens in a new tab)

  3. Optimal pricing for national park entrance fees in Zambia

    This study seek to investigate whether the optimal entrance fees for Zambia’s national parks with particular focus on the four most popular parks namely South Luangwa, Mosi-oa-tunya, Lower Zambia, and Kafue are optimal. This study collects data from tourists which it then uses to estimate the parks …

    cape-town Repository record for Optimal pricing for national park entrance fees in Zambia (opens in a new tab)

  4. Optimal pricing model for adoption of new products influenced by peer effects

    Submission original under an indefinite embargo labeled 'Open Access'. The submission was exported from vireo on 2024-03-01 without embargo terms

    uiuc Repository record for Optimal pricing model for adoption of new products influenced by peer effects (opens in a new tab)

  5. Exploring the informational requirements of optimal pricing decisions in theory and practice; a case study of the automotive industry

    This thesis deals with pricing and research approaches to determining profitoptimised prices in order to maximise a company’s profit.<br/><br/>In literature, several methods to measure willingness to pay have been proposed. However, there is still little knowledge about their reliability in …

    southwales Repository record for Exploring the informational requirements of optimal pricing decisions in theory and practice; a case study of the automotive industry (opens in a new tab)

  6. Consumer Learning and Brand Loyalty When Product Quality Is Unknown

    … one aspect of which is the effect of learning on optimal decision making. This thesis explores the effects of consumer learning about product quality on a firm's optimal pricing strategies under different market structures.

    uiuc Repository record for Consumer Learning and Brand Loyalty When Product Quality Is Unknown (opens in a new tab)

  7. Joint pricing and inventory decision for competitive products

    We consider the joint pricing and inventory decision problem for a single retailer who orders, stocks and sells multiple products. The products are competitive in nature, e.g., these maybe similar products from multiple brands. Demand for a product depends on its price as well as the price of all …

    mit Repository record for Joint pricing and inventory decision for competitive products (opens in a new tab)

  8. A Class of Call Admission Control Algorithms for Resource Management and Reward Optimization for Servicing Multiple QoS Classes in Wireless Networks and Its Applications

    … For each CAC algorithm developed, we identify optimal resource management policies in terms of partitioning or threshold settings to use channel resources. By comparing these CAC algorithms head-to-head under identical conditions, we determine the best algorithm to be used at runtime to …

    vt Repository record for A Class of Call Admission Control Algorithms for Resource Management and Reward Optimization for Servicing Multiple QoS Classes in Wireless Networks and Its Applications (opens in a new tab)

  9. Open source software: Economic and social analysis

    … models to analyze commercial software vendors' optimal pricing and product design when competing with the open source product. In the third study, we model the competition between two profit-oriented firms, and analyze the optimal strategy of the firm that uses open source as a competing …

    nus Repository record for Open source software: Economic and social analysis (opens in a new tab)

  10. Towards a pricing strategy for the South African electricity supply and distribution industry

    … is to develop a strategy for electricity pricing in the South African electricity supply and distribution industry. To achieve this, the thesis focuses on three specific areas: Electricity pricing theory; past and present electricity pricing in South Africa; and a review of electricity …

    cape-town Repository record for Towards a pricing strategy for the South African electricity supply and distribution industry (opens in a new tab)

  11. Essays in Revenue Management and Dynamic Pricing

    … I further develop an algorithm to calculate the optimal pricing strategy that yields the maximum revenue. Because of the distinctive service provided by Auto Train, my findings make important contribution to the revenue management literature.

    vt Repository record for Essays in Revenue Management and Dynamic Pricing (opens in a new tab)

  12. Multi-period pricing for perishable products : uncertainty and competition

    The pricing problem in a multi-period setting is a challenging problem and has attracted much attention in recent years. In this thesis, we consider a monopoly and an oligopoly pricing problem. In the latter, several sellers simultaneously seek an optimal pricing policy for their products. The …

    mit Repository record for Multi-period pricing for perishable products : uncertainty and competition (opens in a new tab)

  13. Convergence in incomplete market models

    The problem of pricing and hedging of contingent claims in incomplete markets has lead to the development of various valuation methodologies. This thesis examines the mean-variance and variance-optimal approaches to risk-minimisation and shows that these are robust under the convergence from …

    hull Repository record for Convergence in incomplete market models (opens in a new tab)

  14. Dynamic pricing with demand learning under competition

    … of learning for the firm: (i) learning of its optimal pricing (resp. allocation) strategy, given its belief regarding its competitors' strategy; (ii) learning the parameters in the price-demand relationship. In equilibrium, each firm seeks to learn the parameters in the price-demand …

    mit Repository record for Dynamic pricing with demand learning under competition (opens in a new tab)

  15. Capacity Investment, Flexibility, and Product Substitution/Complementarity under Demand Uncertainty

    … characterization of the relationship between optimal capacity and the degree of product substitution/complementarity under price/production postponement, considering different business practices (holdback versus clearance, negative price policies) and different demand models. Specifically, we …

    vt Repository record for Capacity Investment, Flexibility, and Product Substitution/Complementarity under Demand Uncertainty (opens in a new tab)

  16. Linear and Nonlinear Pricing for Network Games With Complete and Incomplete Information

    This dissertation addresses optimal linear and nonlinear pricing policy design for a monopolistic network service provider with various types of public and private information on user types. In the communication network pricing literature, it is the linear pricing schemes that have been largely …

    uiuc Repository record for Linear and Nonlinear Pricing for Network Games With Complete and Incomplete Information (opens in a new tab)

  17. Understanding consumer demand in customised pricing environments

    … problem is particularly severe in customised pricing environments, where sellers have some freedom to quote different prices for different orders, based on information about each customer and their order. When endogeneity is left untreated and price is modelled as an independent predictor, …

    lancaster Repository record for Understanding consumer demand in customised pricing environments (opens in a new tab)

  18. Dynamic pricing with reference price effects

    … on the models and the corresponding dynamic pricing problems that incorporate reference price effects, a concept developed in economics and marketing literature that try to capture the dependency of consumers purchasing behavior on past prices. Conceptually, reference price is a price …

    uiuc Repository record for Dynamic pricing with reference price effects (opens in a new tab)

  19. Essays in industrial economics

    … with two differentiated goods. We show that the optimal selling strategy for a multi product monopolist implies offering at least one lottery with probability 1/2. This result is in stark contrast with the the optimal selling strategy of a single product monopolist that attempts to price …

    mit Repository record for Essays in industrial economics (opens in a new tab)

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