Although the consumption based asset pricing theory appears to be theoretically superior and more elegant than the beta pricing model, yet in practice the beta pricing model is more widely applied. Indeed, beta pricing models are one of the most widely adopted tools in financial analysis. They easily allow to handle systematic risk as priced in financial assets. However, accurately estimating b...

BACKGROUND Restaurants are among the most important and promising venues for environmental, policy, and pricing initiatives to increase fruit and vegetable (F&V) intake. This article reviews restaurant-based environmental, policy and pricing strategies for increasing intake of fruits and vegetables and identifies promising strategies, research needs, and innovative opportunities for the future....

With the Internet experiencing massive growth, new ways to recover ever rising costs and regulate network usage are becoming increasingly important. Several researchers have proposed pricing strategies and econometric models for regulating resource usage in a globally shared network environment. These approaches can take the form of simple \price setting", or can be more closely integrated with...

On-demand transport services in the form of dial-a-ride and taxis are crucial parts of the transport infrastructure in all major cities. However, not all on-demand transport services are equal. In particular, not-for-profit dial-a-ride services with coordinated drivers significantly differ from profitmotivated taxi services with uncoordinated drivers. As such, there are two key threads of resea...

In this report, a framework for analyzing the impacts of congestion pricing on commercial vehicles is developed based on microeconomics principle and past theoretical studies of congestion pricing. The model can be used to assess the short-run impacts of congestion pricing, as well as other forms of toll roads, on the welfare of commercial vehicle operators. The report starts out by identifying...

We study a robust toll pricing problem where toll setters and users have different level of information when taking their decisions. Toll setters do not have full information on the costs of the network and rely on historical information when determining toll rates, whereas users decide on the path to use from origin to destination knowing toll rates and having, in addition, more accurate traff...

Many enterprises that participate in dynamic markets need to make product pricing and inventory resource utilization decisions in real-time. We describe a family of statistical models that address these needs by combining characterization of the economic environment with the ability to predict future economic conditions to make tactical (short-term) decisions, such as product pricing, and strat...

In this paper we present two parallel Monte Carlo based algorithms for pricing multi–dimensional Bermudan/American options. First approach relies on computation of the optimal exercise boundary while the second relies on classification of continuation and exercise values. We also evaluate the performance of both the algorithms in a desktop grid environment. We show the effectiveness of the prop...

Integrating retail decisions on such aspects as assortment, pricing, and inventory greatly improves profitability. We examine a multi-period selling horizon where a retailer jointly optimizes assortment planning, pricing, and inventory decisions for a product line of substitutable products, in a market with multiple customer segments. Focusing on fast-moving retail products, the problem is mode...

BACKGROUND The continuing increase of pharmaceutical expenditure calls for new approaches to pricing and reimbursement of pharmaceuticals. Value based pricing of pharmaceuticals is emerging as a useful tool and possess theoretical attributes to help health system cope with rising pharmaceutical expenditure. AIM To assess the feasibility of introducing a value-based pricing scheme of pharmaceu...