Robust Dynamic Pricing with Strategic Customers

We consider the canonical revenue management (RM) problem wherein a seller must sell an inventory of some product over a finite horizon via an anonymous, posted price mechanism. Unlike typical models in RM, we assume that customers are forward looking. In particular, customers arrive randomly over t...

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Bibliographic Details
Main Authors: Chen, Yiwei, Farias, Vivek F.
Other Authors: Massachusetts Institute of Technology. Operations Research Center
Format: Article
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2019
Online Access:http://hdl.handle.net/1721.1/120829
https://orcid.org/0000-0002-5856-9246