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» Item pricing for revenue maximization
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IOR
2010
99views more  IOR 2010»
13 years 7 months ago
Dynamic Pricing with a Prior on Market Response
We study a problem of dynamic pricing faced by a vendor with limited inventory, uncertain about demand, aiming to maximize expected discounted revenue over an infinite time horiz...
Vivek F. Farias, Benjamin Van Roy
AINA
2006
IEEE
14 years 2 months ago
Bandwidth allocation and pricing in multimode network
This paper presents adaptive resource sharing model that uses a revenue criterion to allocate network resources in an optimal way. The model ensures QoS requirements of data flow...
Jyrki Joutsensalo, Ari Viinikainen, Mika Wikstr&ou...
SODA
2012
ACM
226views Algorithms» more  SODA 2012»
11 years 11 months ago
On the hardness of pricing loss-leaders
Consider the problem of pricing n items under an unlimited supply with m buyers. Each buyer is interested in a bundle of at most k of the items. These buyers are single minded, wh...
Preyas Popat, Yi Wu
ICALP
2004
Springer
14 years 2 months ago
Algorithms for Multi-product Pricing
In the information age, the availability of data on consumer profiles has opened new possibilities for companies to increase their revenue via data mining techniques. One approach...
Gagan Aggarwal, Tomás Feder, Rajeev Motwani...
CORR
2011
Springer
209views Education» more  CORR 2011»
13 years 12 days ago
Close the Gaps: A Learning-while-Doing Algorithm for a Class of Single-Product Revenue Management Problems
In this work, we consider a retailer selling a single product with limited on-hand inventory over a finite selling season. Customer demand arrives according to a Poisson process,...
Zizhuo Wang, Shiming Deng, Yinyu Ye