Stability and chaos in demand-based pricing under social interactions.
Xuchuan YuanH. Brian HwarngPublished in: Eur. J. Oper. Res. (2016)
Keyphrases
- social interaction
- dynamic pricing
- optimal pricing
- social networks
- revenue management
- profit maximization
- demand function
- pricing mechanism
- social behavior
- single product
- social learning
- social systems
- profit maximizing
- pricing model
- pricing strategies
- mutual understanding
- social relationships
- social media
- social norms
- case study
- social ties
- inventory policy
- inventory systems
- inventory control
- social context
- social presence
- interaction patterns
- lead time
- particle swarm optimization