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FOCS
2009
IEEE
14 years 5 months ago
Dynamic and Non-uniform Pricing Strategies for Revenue Maximization
We consider the Item Pricing problem for revenue maximization in the limited supply setting, where a single seller with n items caters to m buyers with unknown subadditive valuati...
Tanmoy Chakraborty, Zhiyi Huang, Sanjeev Khanna
AMMA
2009
Springer
14 years 5 months ago
Auctions with Dynamic Populations: Efficiency and Revenue Maximization
ABSTRACT: We examine an environment where goods and privately informed buyers arrive stochastically to a market. A seller in this setting faces a sequential allocation problem with...
Maher Said
CORR
2010
Springer
176views Education» more  CORR 2010»
13 years 10 months ago
Sequential item pricing for unlimited supply
We investigate the extent to which price updates can increase the revenue of a seller with little prior information on demand. We study prior-free revenue maximization for a selle...
Maria-Florina Balcan, Florin Constantin
IOR
2010
99views more  IOR 2010»
13 years 9 months ago
Dynamic Pricing with a Prior on Market Response
We study a problem of dynamic pricing faced by a vendor with limited inventory, uncertain about demand, aiming to maximize expected discounted revenue over an infinite time horiz...
Vivek F. Farias, Benjamin Van Roy
EOR
2010
120views more  EOR 2010»
13 years 10 months ago
List pricing versus dynamic pricing: Impact on the revenue risk
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 t...
Matthias Koenig, Joern Meissner