Oct 25, 2010 · We analyze a revenue management problem in which a seller endowed with an initial inventory operates a selling with binding reservations scheme.
Selling with Binding Reservations in the Presence of Strategic Consumers
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In our numerical experiments, the revenue gap can reach more than 12%, which is quite significant for retail businesses that typically operate with narrow ...
We analyze a revenue management problem in which a seller endowed with an initial inventory operates a selling with binding reservations scheme.
We analyze a revenue management problem in which a seller endowed with an initial inventory operates a selling with binding reservations scheme. Upon arrival, ...
This work analyzes a revenue management problem in which a seller endowed with an initial inventory operates a selling with binding reservations scheme and ...
We analyze a revenue management problem in which a seller endowed with an initial inventory operates a selling with binding reservations scheme.
We analyze a revenue management problem in which a seller endowed with an initial inventory operates a selling with binding reservations scheme.
ABSTRACT: This article mainly considers the impact of cost reduction on price matching strategy when a firm sells products in two periods. The cost reduction in ...
Feb 16, 2010 · We developed a stylized model where a seller operates a pricing with binding reservations scheme, and the consumers are strategic. We proved ...
We consider a monopolist firm selling to strategic customers who may purchase more than one unit of a product in a two-period model.