On the Efficacy of Static Prices for Revenue Management in the Face of Strategic Customers.
Yiwei ChenVivek F. FariasNikolaos TrichakisPublished in: Manag. Sci. (2019)
Keyphrases
- revenue management
- dynamic pricing
- pricing strategies
- optimal pricing
- market conditions
- demand function
- single product
- inventory control
- supply chain management
- inventory level
- purchasing behavior
- customer satisfaction
- customer service
- decision making
- learning curve
- software agents
- service providers
- multi agent
- case study
- allocation policies