Time-consistent, risk-averse dynamic pricing.
Rouven SchurJochen GönschMichael HasslerPublished in: Eur. J. Oper. Res. (2019)
Keyphrases
- dynamic pricing
- risk averse
- risk neutral
- inventory level
- utility function
- stochastic programming
- decision makers
- supply chain management
- learning curve
- portfolio management
- inventory control
- total cost
- expected utility
- decision making
- lead time
- lost sales
- decision problems
- transaction costs
- linear program
- multistage
- special case