Pricing and effort investment for a newsvendor-type product.

Yao-Yu Wang Jian-Cai Wang Biying Shou

Published in: Eur. J. Oper. Res. (2013)

Keyphrases

risk averse
risk aversion
expected profit
pricing schemes
lead time
profit maximization
decision making
multiple stages
decision makers
utility function
life cycle
single item
single product
reinforcement learning
pricing strategies
profit maximizing