We obtain revenue guarantees for the simple pricing mechanism of a single posted price, in terms of a natural parameter of the distribution of buyers’ valuations. Our revenue guarantee applies to the single item n buyers setting, with values drawn from an arbitrary joint distribution. Specifically, we show that a single price drawn from the distribution of the maximum valuation Vmax = max{V1, V...

The practice of Revenue Management has received widespread acceptance in the international hospitality industry yet a lack of best practice in terms of organizational integration persists. This paper follows the notion that revenue management is first and foremost a human activity, dependent on knowledge exchange and concerted decision within revenue management teams. One critical attribute of ...

Union Parishads (councils) being the century old rural local government in Bangladesh are yet to fulfill the expectations of rural citizen which is mainly due to own resources constraints including miserable local resources mobilization. This paper focuses on Union Parishads recent revenue trend and performance from five years secondary data (2003-2007) and primary data collected from Parishad ...

Recommender systems have emerged as a new weapon to help online firms to realize many of their strategic goals (e.g., to improve sales, revenue, customer experience etc.). However, many existing techniques commonly approach these goals by seeking to recover preference (e.g., estimating ratings) in a matrix completion framework. This paper aims to bridge this significant gap between the clearly-...

M ore than a year ago we began a scries of articles for Health Progress aimed at helping hospitals M\>S health systems focus Oil revenue expansion. Over the past year we have been encouraged by teed back and observations from the field; there appears to be an increasing balance now between grow tli efforts md cost containment .m\\ reduction initiatives. The dilemma facing some organizations is ...

P2P applications have found a lot of interest lately but there are open questions about the viability of the revenue models behind P2P applications/ services. In this paper, we discuss revenue models for P2P applications. There is no one size fits all revenue model for the differentP2P applications/ services; hence the quest for viable revenue models requires a differentiated discussion. Our go...

Revenue management (RM) is the art and science of predicting consumer behavior and optimizing price and product availability to maximize revenue. RM models, despite their success and popularity, still remain somewhat simplistic. The most critical flaw is that current RM models are designed under the assumption that demands are independent random variables. The models are readily extended to com...

Revenue Assurance describes a methodology to increase a company’s income by determining where revenue gets lost, and to maximize their profits by eliminating revenue leakage and lowering operating costs. Especially in times of increasing data volume and more and more complex business and operational systems infrastructure, it is a challenge to find methods for detecting revenue leakage and its ...

At present, the forest rights exchange market in China is its early stages. Forest faces low circulation problems. The strategic choices of supply and demand play an important role enhancing efficiency exchange. However, only limited empirical evidence has been provided on selection from perspective dynamic game. Based field investigation, this study constructed a game model explored evolution ...

In this paper, we analyze the effects of oil revenue shocks on different sectors of the Iranian economy. We use quarterly data of the Iranian economy from 1988:2 to 2011:1 to analyze a time-varying parameter VAR model with the Bayesian method. The results show that in the late 1980s and early 1990s, the positive effects of oil revenue were mostly emerged in the industrial and oil sectors, havin...