Stochastic dynamic pricing: Utilizing demand response in an adaptive manner.

Wenyuan Tang Rahul Jain Ram Rajagopal

Published in: CDC (2014)

Keyphrases

dynamic pricing
revenue management
inventory control
pricing model
learning curve
market conditions
supply chain management
optimal pricing
demand function
inventory level
periodic review
stochastic model
cost sensitive
stochastic processes
pricing strategies
supply chain
special case
objective function