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» A Theory of Loss-Leaders: Making Money by Pricing Below Cost
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WINE
2007
Springer
126views Economy» more  WINE 2007»
13 years 11 months ago
A Theory of Loss-Leaders: Making Money by Pricing Below Cost
We consider the problem of assigning prices to goods of fixed marginal cost in order to maximize revenue in the presence of single-minded customers. We focus in particular on the...
Maria-Florina Balcan, Avrim Blum, T.-H. Hubert Cha...
SODA
2012
ACM
226views Algorithms» more  SODA 2012»
11 years 7 months ago
On the hardness of pricing loss-leaders
Consider the problem of pricing n items under an unlimited supply with m buyers. Each buyer is interested in a bundle of at most k of the items. These buyers are single minded, wh...
Preyas Popat, Yi Wu