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TRANSCI
2010
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13 years 10 months ago
Computing Time-Dependent Bid Prices in Network Revenue Management Problems
We propose a new method to compute bid prices in network revenue management problems. The novel aspect of our method is that it naturally provides dynamic bid prices that depend o...
Sumit Kunnumkal, Huseyin Topaloglu
INFORMS
2008
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14 years 5 days ago
A Stochastic Approximation Method to Compute Bid Prices in Network Revenue Management Problems
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...
Huseyin Topaloglu
CIMCA
2008
IEEE
14 years 6 months ago
Seller's Strategies for Predicting Winning Bid Prices in Online Auctions
Online auctions have become extremely popular in recent years. Ability to predict winning bid prices accurately can help bidders to maximize their profit. This paper proposes a nu...
Yevgeniya Kovalchuk