This paper considers a two-stage development problem for information goods with costless quality degradation. In our model, a seller of information goods faces customers that are ...
In this paper, we present a novel system for selling bundles of news items. Through the system, customers bargain with the seller over the price and quality of the delivered goods...
D. J. A. Somefun, Enrico Gerding, Sander M. Bohte,...
We present a stochastic approximation method to compute bid prices in network revenue management problems. The key idea is to visualize the total expected revenue as a function of...
: This paper addresses the dynamic pricing problem of a single-item, make-to-stock production system. Demand arrives according to Poisson processes with changeable arrival rate dep...