Predictive pricing (e.g., Google’s “Smart Pricing” and Yahoo’s “Quality-Based Pricing”) and revenue sharing are two important tools that online advertising networks can use in order to attract content publishers and advertisers. We develop a simple model of the pay-per-click advertising market to study the market effects of these tools. We then present an algorithm, PricingPolicy, for computing...

This paper studies various approaches to demand learning in the context of a one-shot inventory replenishment problem with dynamic pricing. The customer arrival process is assumed to be piecewise deterministic and Markovian with an unknown parameter. Homogeneous customers have an iso-elastic demand function and do not behave strategically. We study full information, non-learning, passive learni...

pricing policies play an important role in water demand management and its optimal allocation. determining proper water price leads to optimal allocation of water especially in agricultural consumptions. applying new subsidy targeting law in iran which insists on pricing water based on its supply cost, will effects considerably on water resource management in agriculture sector. so, in this stu...

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...

the scarcity of water resources and supply resources limitation, have caused an increasing gap between water supply and demand specially in recent decades in almost all regions of the globe. one of the best known solutions proposed by the economists is using the different water pricing approaches thereby obtaining the optimal allocation and social justice. to this purpose, this paper uses the p...

BACKGROUND In recent years, there has been rapid growth in pharmaceutical spending in China. In addition, the country faces many challenges with regards to the quality, pricing and affordability of drugs. Pricing and reimbursement are important aspects of pharmaceutical policy that must be prioritised in order to address the many challenges. METHODS This review draws on multiple sources of in...