The Power of Uncertainty: Bundle-Pricing for Unit-Demand Customers.
Patrick BriestHeiko RöglinPublished in: WAOA (2010)
Keyphrases
- optimal pricing
- dynamic pricing
- pricing strategies
- optimal capacity
- customer demand
- pricing model
- single product
- power consumption
- inventory level
- electricity markets
- profit maximization
- profit maximizing
- revenue management
- electrical energy
- yield management
- inventory control
- real option
- state dependent
- uncertain data
- expected profit
- lead time
- inventory management
- capacity expansion
- supply chain management
- periodic review
- demand points
- market conditions
- budget constraints
- demand function
- expected cost
- customer satisfaction
- software agents
- holding cost
- pricing mechanism
- marketing strategies