We describe an iterative fixed point approach for the following stochastic optimization problem: given a multicast tree and probability distributions of user utilities, find an optimal posted price mechanism i.e. compute prices to offer the users in order to maximize the expected profit of the service provider. We show that any optimum pricing is a fixed point of an efficiently computable funct...

Speaker: Prof. Dr. Urs Schweizer. — Department of Economics — University of Bonn — D-53113 Bonn, Phone: +49(0228)739220 — Fax: +49(0228)739221 *University of Bonn, Department of Economics, BWL II, Adenauerallee 24-42, D-53113 Bonn, Germany, Email: [email protected] **Shanghai University of Finance and Economics, School of Economics, Guoding Road 777, 200433 Shanghai, China, Email: cuihongf@mail....

We show how an upstream …rm by using a price-dependent pro…tsharing rule can prevent destructive competition between downstream …rms that produce relatively close substitutes. With this rule the upstream …rm induces the retailers to behave as if demand has become less price elastic. As a result, competing downstream …rms will maximize aggregate total channel pro…t. When downstream …rms are bett...

We developed an inventory model for decaying items with selling price dependent demand in inflationary environment. Deterioration rate is taken as two parameter Weibull distribution. Shortages in inventory are allowed with partial backlogging. Backlogging rate is taken as exponential decreasing function of time. Profit maximization technique is used in this study.

T This paper analyzes different pricing strategies in a two-echelon supply chain including one supplier and two retailers. The supplier and the retailers face random yield and random demand, respectively. Moreover, coordination or non-coordination of retailers in receiving the discount is investigated. Game theory is used to model and analyze the problems. The supplier as a leader of Stackelbe...

The paper provides an in-depth analysis of profitability in Spain between 1995 and 2014, showing that behind the asset-price inflation growth period its corresponding macroeconomic imbalances, underlying problem capital valorization can be found. For this purpose, a study various measures is carried out based on concept productive labor highlighting role finance (interest rates indebtedness). e...

selecting a set of features and price for new product is one of the most important and difficult decisions for any firm. for its implementation firms require information by demand of consumers about product features,the cost of providing these features and reaction of existing competitors to new product entry. in this research, with the help of game theory, the various positions of new product ...

Introduction Recent advances in the ability to track and analyze customer traces in electronic commerce have led to a lively debate about the promise of dynamic pricing. On the promise side, online retailers may use the customer’s browsing behavior to learn about aggregate and individual preferences. This type of information would enable online retailers to personalize pricing with coupons and ...