Markdown money contracts for perishable goods with clearance pricing.
Charles X. WangScott WebsterPublished in: Eur. J. Oper. Res. (2009)
Keyphrases
- dynamic pricing
- yield management
- supply chain
- pricing mechanism
- information goods
- electronic markets
- supply chain management
- moral hazard
- lead time
- pricing model
- uncertain demand
- spot market
- electronic commerce
- joint replenishment
- revenue management
- network effects
- inventory control
- single product
- inventory systems
- production scheduling
- learning curve
- multi unit
- electronic marketplaces
- optimal pricing
- finite horizon
- mechanism design
- digital goods
- business transactions
- convertible bonds