In this article, we study the contextual dynamic pricing problem where market value of a product is linear in its observed features plus some noise. Products are sold one at time, and only binary response indicating success or failure sale observed. Our model setting similar to work by? except that expand demand curve semiparametric learn dynamically both parametric nonparametric components. We...

The article offer a critical perspective of several elements and some associated indicators used in characterizing estimating the intensity competition (i.e., extent to which mutual pressure rivals is exerted on market). We focus pricing policies firms its impact expected responses from competitors. Influences substitutes overall production capacity surplus are also analyzed.

Past research in marketing and psychology suggests that pricing structure may influence consumers’ perception of value. In the context of two commonly used pricing schemes, pay-peruse and two-part tariff, we evaluate the impact of pricing structure on consumer preferences for access services. To this end, we develop a utility-based model of consumer retention and usage of a new service. A notab...

Greater partisan alignment among lawmakers enhances their ability to respond rapidly adverse shocks, but it also undermines the quality of checks and balances encourages excessive governmental intervention in local areas aligned with ruling party. We investigate how this form policy risk affects IPO underpricing. One standard-deviation increase political between politicians federal government t...