State-Dependent Pricing and Its Economic Implications.

Qiong Wang Jon M. Peha

Published in: Telecommun. Syst. (2001)

Keyphrases

state dependent
steady state
optimal policy
queueing networks
single server
stationary distribution
asymptotically optimal
service rates
arrival rate
product form
customer demand
inventory level
pricing mechanism
single product
dynamic pricing
queue length
markov chain
optimal solution