In this paper, we study the influence of QoS pricing strategy in the future QoS Internet market. We create a Bertrand duopoly game model with different pricing schemes: One ISP with flat rate pricing for its QoS service and the other ISP with two part tariff, a combined pricing scheme with flat rate and usage-sensitive pricing. Based on industry survey data, we conduct a simulation of a random ...

Financial models are largely used in option pricing. These physical models capture several salient features of asset price dynamics. The pricing performance can be significantly enhanced when they are combined with nonparametric learning approaches, that empirically learn and correct pricing errors through estimating state price distributions. In this paper, we propose a new semiparametric meth...

pharmacists are members of the healthcare teams that provide valuable services to society. their incentive to deliver such services is influenced by remuneration methods. in this study, we aimed to review the remuneration models for pharmacists’ services and the factors affecting the profitability of pharmacies in some selected countries, including france, ireland, canada and turkey, and compar...

We compare personalized and history-based pricing and show that personalized pricing harms consumer surplus and total welfare when evaluated over a two-period horizon. The model is characterized by two key features: 1. The discounted two-period profits are invariant to whether personalized or history-based pricing is applied because higher period-2 profits with personalized pricing are offset b...

The right pricing of products is one of the most important issues concerning the development of companies’ financial performance. Prices should be low enough to attract customers and at the same time high enough to cover all the emerged costs and expected profits. This research illustrates how self-organizing maps (SOM) can be used for pricing purposes. We show how changes in a company’s pricin...

This paper studies congestion management based on congestion pricing as may be done by an Independent System Operator. Four main concepts are discussed: congestion pricing can lead to the same solution as an Optimal Power Flow, pricing need not have cost information available, good estimates of nonlinear cost coefficients are necessary, and pricing for congestion management is separable from pr...

Several congestion pricing proposals have been made in the last decade. Usually, however, those proposals studied optimal strategies and did not focus on implementation issues. Our main contribution in this paper is to address implementation issues for congestion-sensitive pricing over a single differentiated-services (diff-serv) domain. We propose a new congestion-sensitive pricing framework D...

We consider the problem of a firm selling multiple products that consume a single resource over a finite time period. The amount of the resource is exogenously fixed. We analyze the difference between a dynamic pricing policy and a list price capacity control policy. The dynamic pricing policy adjusts prices steadily resolving the underlying problem every time step, whereas the list pricing pol...

This paper investigates the transfer pricing risk awareness of multinational firms using cross-sectional data of more than 350 firms located in 24 countries and classified in 12 industries. Moving beyond the sole tax optimization motives of multinational firms, we extend the existing literature by using unique firm-level information such as that the transfer pricing risk awareness is assessed a...

Heterogeneous subscriber base with wide range of wireless services makes the wireless service market more challenging for a service provider (SP). This challenge is related to the revenue model of the SP, where pricing policy plays a central role. The pricing policy should be such that an SP will recover the investment while keeping the desired level of customer satisfaction. An ideal pricing p...