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Showing 1 to 4 of 4 for “"optimal pricing decisions"”.

  1. 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)

  2. Estimation and Optimization in Online Marketplaces

    … one another on price. We investigate sellers’ optimal pricing decisions and the platform’s optimal assortment display policy. We find that the platform should display the entire assortment to all the customers when demand is sufficiently high. Moreover, we propose a tabulation algorithm and a …

    mit Repository record for Estimation and Optimization in Online Marketplaces (opens in a new tab)

  3. Multi-Dimensional Problems In Single-Resource Revenue Management

    … is either intractable, or the resulting optimal policy is inconvenient to implement operationally. We develop approximations for the exact formulations, which generate tractable and operationally attractive policies. The first problem we study is a strategic decision problem about whether …

    cornell Repository record for Multi-Dimensional Problems In Single-Resource Revenue Management (opens in a new tab)

  4. Bayesian prediction of functions with applications to manufacturing and marketing

    … a Bayesian approach, there is no guesswork in optimal (profit maximizing) design of experiments. Bayesian methods do however have one primary drawback over traditional statistical methods and that is that they tend to be more mathematically complex. As a result, especially in complex problems, …

    uiuc Repository record for Bayesian prediction of functions with applications to manufacturing and marketing (opens in a new tab)