Heuristic Rules for the Dynamic Pricing Problem

This paper is devoted to the development of heuristics for the dynamic pricing problem. A discrete time model of dynamic pricing on the fixed time horizon is proposed. It is applicable to products that satisfy two properties: 1) product value expires at a certain predetermined date, and 2) consumer...

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Bibliographic Details
Main Author: Oleg Melnikov
Format: Article
Language:English
Published: Vilnius University Press 2023-07-01
Series:Organizations and Markets in Emerging Economies
Subjects:
Online Access:https://www.zurnalai.vu.lt/omee/article/view/29818