Strategic Pricing of Commodities
نویسندگان
چکیده
منابع مشابه
Pricing commodities
How should a seller price her goods in a market where each buyer prefers a single good among his desired goods, and will buy the cheapest such good, as long as it is within his budget? We provide efficient algorithms that compute near-optimal prices for this problem, focusing on a commodity market, where the range of buyer budgets is small. We also show that our LP rounding based technique easi...
متن کاملAn Example of Strategic Market Game with Infinitely Many Commodities
This short paper shows in an example of strategic market game that the CournotNash equilibrium converges to the Walras equilibrium, even in the case of an exchange economy with infinitely many commodities.
متن کاملThe Marginal Pricing Rule in Economies with Infinitely Many Commodities
In this paper, we consider an economy with infinitely many commodities and non-convex production sets. We propose a definition of the marginal pricing rule which allows us to encompass the case of smooth and convex production sets. We also show the link with the definition used in a finite dimensional setting where the marginal pricing rule is defined by means of the Clarke’s normal cone. We pr...
متن کاملStrategic contracting practices to improve procurement of health commodities
Public-sector entities responsible for procurement of essential medicines and health commodities in developing countries often lack the technical capacity to efficiently ensure supply security. Under strict public scrutiny and pressures to be transparent, many agencies continue to use archaic procurement methods and to depend on inflexible forecasts and cumbersome tendering processes. On the ba...
متن کاملStrategic Pricing in Online Auctions
As many authors have noted, the past decade has experienced a dramatic rise in the number and dollar value of commercial transactions conducted through internet-based auctions. EBay, arguably the largest of the internet auction sites, claimed 95 million registered users in 2003 accounting for a total transaction volume of $24 billion – a 60% increase from the previous year (eBay 2005). While th...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Applied Mathematical Finance
سال: 2009
ISSN: 1350-486X,1466-4313
DOI: 10.1080/13504860802639261