Results 1 - 10
of
10,413
Dynamic Pricing by Software Agents
- Computer Networks
, 2000
"... We envision a future in which the global economy and the Internet will merge and evolve together into an information economy bustling with billions of economically motivated software agents that exchange information goods and services with humans and other agents. Economic software agents will d ..."
Abstract
-
Cited by 92 (2 self)
- Add to MetaCart
to anticipate their collective interactions. We survey research conducted by the Information Economies group at IBM Research aimed at understanding collective interactions among agents that dynamically price information goods or services. In particular, we study the potential impact of widespread shopbot
Robust Dynamic Pricing of Perishable Products By
, 2007
"... Robust dynamic pricing of perishable products ..."
Sticky Information versus Sticky Prices: a Proposal to Replace the New Keynesian Phillips Curve
, 2002
"... This paper examines a model of dynamic price adjustment based on the assumption that information disseminates slowly throughout the population. Compared with the commonly used sticky-price model, this sticky-information model displays three related properties that are more consistent with accepted v ..."
Abstract
-
Cited by 489 (25 self)
- Add to MetaCart
This paper examines a model of dynamic price adjustment based on the assumption that information disseminates slowly throughout the population. Compared with the commonly used sticky-price model, this sticky-information model displays three related properties that are more consistent with accepted
Option pricing when underlying stock returns are discontinuous
- Journal of Financial Economics
, 1976
"... The validity of the classic Black-Scholes option pricing formula dcpcnds on the capability of investors to follow a dynamic portfolio strategy in the stock that replicates the payoff structure to the option. The critical assumption required for such a strategy to be feasible, is that the underlying ..."
Abstract
-
Cited by 1001 (3 self)
- Add to MetaCart
The validity of the classic Black-Scholes option pricing formula dcpcnds on the capability of investors to follow a dynamic portfolio strategy in the stock that replicates the payoff structure to the option. The critical assumption required for such a strategy to be feasible, is that the underlying
Dynamic Pricing in the Airline Industry
"... Abstract: Dynamic price discrimination adjusts prices based on the option value of future sales, which varies with time and units available. This paper surveys the theoretical literature on dynamic price discrimination, and confronts the theories with new data from airline pricing behavior. ..."
Abstract
-
Cited by 5 (0 self)
- Add to MetaCart
Abstract: Dynamic price discrimination adjusts prices based on the option value of future sales, which varies with time and units available. This paper surveys the theoretical literature on dynamic price discrimination, and confronts the theories with new data from airline pricing behavior.
Risks for the long run: A potential resolution of asset pricing puzzles
- JOURNAL OF FINANCE
, 1994
"... We model consumption and dividend growth rates as containing (i) a small long-run predictable component and (ii) fluctuating economic uncertainty (consumption volatility). These dynamics, for which we provide empirical support, in conjunction with Epstein and Zin’s (1989) preferences, can explain ke ..."
Abstract
-
Cited by 761 (63 self)
- Add to MetaCart
We model consumption and dividend growth rates as containing (i) a small long-run predictable component and (ii) fluctuating economic uncertainty (consumption volatility). These dynamics, for which we provide empirical support, in conjunction with Epstein and Zin’s (1989) preferences, can explain
Optimal Dynamic Pricing of Inventories with Stochastic Demand over Finite Horizons
- MANAGEMENT SCIENCE
, 1994
"... ..."
A. Competitive Dynamic Pricing
"... Abstract—We consider a multi-seller dynamic pricing problem with unknown demand models. In this problem, each seller offers prices sequentially to a stream of potential customers. Each customer considers only the lowest price among all sellers, and the probability of making a purchase is governed by ..."
Abstract
- Add to MetaCart
Abstract—We consider a multi-seller dynamic pricing problem with unknown demand models. In this problem, each seller offers prices sequentially to a stream of potential customers. Each customer considers only the lowest price among all sellers, and the probability of making a purchase is governed
EMISSIONS IMPACTS OF DYNAMIC PRICING
, 2015
"... Dynamic pricing is a trendy term that can be found in a variety of industries. In the utilities industry, the implementation of dynamic pricing structure is an economic stimulus to encourage demand reduction of electricity usage in peak hours, when the power system is strained and the cost of electr ..."
Abstract
- Add to MetaCart
Dynamic pricing is a trendy term that can be found in a variety of industries. In the utilities industry, the implementation of dynamic pricing structure is an economic stimulus to encourage demand reduction of electricity usage in peak hours, when the power system is strained and the cost
Dynamic Pricing in Wireless Networks
, 2001
"... In this paper, we deal with dynamic pricing strategies in wireless communication systems. Dynamic pricing policies allow the network operator to charge a cost per time unit depending on the network usage. In this way, the users behavior can be regulated and the network management is significantly im ..."
Abstract
-
Cited by 5 (0 self)
- Add to MetaCart
In this paper, we deal with dynamic pricing strategies in wireless communication systems. Dynamic pricing policies allow the network operator to charge a cost per time unit depending on the network usage. In this way, the users behavior can be regulated and the network management is significantly
Results 1 - 10
of
10,413