Online Auction and List Price Revenue Management
نویسندگان
چکیده
منابع مشابه
Online Auction and List Price Revenue Management
W analyze a revenue management problem in which a seller facing a Poisson arrival stream of consumers operates an online multiunit auction. Consumers can get the product from an alternative list price channel. We consider two variants of this problem: In the first variant, the list price is an external channel run by another firm. In the second one, the seller manages both the auction and the l...
متن کاملElectronic Companion — “ Online Auction and List Price Revenue Management ” by René Caldentey and Gustavo Vulcano , Management Science 2007 , 53
which proves (8). From this last inequality, it follows that the right-hand side hH v is the natural candidate for best-response strategy for buyer with valuation v > P . However, for an arbitrary H ∈ , hH v is not guaranteed to be nonnegative, and so hH is not necessarily a well-defined participation strategy in . Fortunately, note that we can correct this problem by simply setting the best-re...
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ژورنال
عنوان ژورنال: Management Science
سال: 2007
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.1060.0646