This article presents a multi GPU adaptation of a specific Monte Carlo and classification based method for pricing American basket options, due to Picazo [1]. The first part relates how to combine fine and coarse grained parallelization to price American basket options. In order to benefit from different GPU devices, a dynamic strategy of kernel calibration is proposed, and contributes to the d...

in spain, camping accommodation accounted for 6.32% of total tourism accommodation and 8.2% of overnight stays in 2007. there were 1,152 registered campsites which provided lodging for almost 6.4 million users. although these figures are higher than those of rural accommodation, few studies have analyzed the main attributes of this sector and their contribution to the development of spanish tou...

Abstract   We extend the concept of dynamic pricing by integrating it with “overselling with opportunistic cancellation” option, within the framework of dynamic policy. Under this strategy, to sell a stock of perishable product (or capacity) two prices are offered to customers at any given time period. Customers are categorized as high-paying and low-paying ones. The seller deliberately oversel...

This paper presents a performance analysis of the recently proposed σ-self-adaptive weighted recombination evolution strategy (ES) with scaled weights. The steady state behavior of this ES is investigated for the non-noisy and noisy case, and formulas for the optimal choice of the learning parameter are derived allowing the strategy to reach maximal performance. A comparison between weighted mu...

price is one of the four elements of marketing mix. one of the important decisions any business faces is select pricing strategies that can be effective in achieving company goals. pricing methods are generally divided into cost-based and value-based methods. considering that the marginal cost of information goods is zero, the pricing methods of these goods is value-based. in this study, mtn ir...

Pricing is one of the major aspects of decision making in supply chain. In the previous works mostly a centralized environment is considered indicating the retailers cannot independently apply their decisions on the pricing strategy. Although in a two-echelon decentralized environment it may be possible that supply chain contributors have encountered with different market power situations which...