1# Library to Find Best eBook for Read
Author : Yossi Spiegel
Release : 2000
Genre : Pricing
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Optimal multiproduct nonlinear pricing with correlated consumer types by : Yossi Spiegel
Download or read book Optimal multiproduct nonlinear pricing with correlated consumer types written by Yossi Spiegel. This book was released on 2000. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert B. Wilson
Release : 1993
Genre : Business & Economics
Kind : eBook
Book Rating : 826/5 ( reviews)
Book Synopsis Nonlinear Pricing by : Robert B. Wilson
Download or read book Nonlinear Pricing written by Robert B. Wilson. This book was released on 1993. Available in PDF, EPUB and Kindle. Book excerpt: What do phone rates, frequent flyer programs, and railroad tariffs all have in common? They are all examples of nonlinear pricing. Pricing is nonlinear when it is not strictly proportional to the quantity purchased. The Electric Power Research Institute has commissioned Robert Wilson to review the various facets of nonlinear pricing. The work starts with a general non-mathematical discussion, followed by a more technical presentation intended for readers with a fairly advanced background. Thorough and detailed, this study has ample examples of case studies from a variety of industries.
Author : Soheil Ghili
Release : 2023
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis An Empirical Analysis of Optimal Nonlinear Pricing by : Soheil Ghili
Download or read book An Empirical Analysis of Optimal Nonlinear Pricing written by Soheil Ghili. This book was released on 2023. Available in PDF, EPUB and Kindle. Book excerpt: In "continuous choice" settings, consumers decide not only on whether to purchase a product, but also on how much to purchase. As a result, firms should optimize a full price schedule rather than a single price point. This paper provides a methodology to empirically estimate the optimal schedule under multi-dimensional consumer heterogeneity. We apply our method to novel data from an educational-services firm that contains purchase-size information not only for deals that materialized, but also for potential deals that eventually failed. We show that the optimal second-degree price discrimination (i.e., optimal nonlinear tariff) improves the firm's profit upon linear pricing by about 7.9%. That said, this second-degree price discrimination scheme only recovers 7.4% of the gap between the profitability of linear pricing (i.e., no price discrimination) and that of infeasible first degree price discrimination. We also conduct several further counterfactual analyses (i) comparing the role of demand- v.s. cost-side factors in shaping the optimal price schedule, (ii) examining third-degree price discrimination, and (iii) empirically quantifying the magnitude by which incentive-compatibility constraints impact the optimal pricing and profits.
Author : William W. Sharkey
Release : 1992
Genre : Pricing
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Optimal Non-linear Pricing with Regulatory Preference Over Customer Types by : William W. Sharkey
Download or read book Optimal Non-linear Pricing with Regulatory Preference Over Customer Types written by William W. Sharkey. This book was released on 1992. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Vithala R. Rao
Release : 2009
Genre : Business & Economics
Kind : eBook
Book Rating : 442/5 ( reviews)
Book Synopsis Handbook of Pricing Research in Marketing by : Vithala R. Rao
Download or read book Handbook of Pricing Research in Marketing written by Vithala R. Rao. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: Pricing is an essential aspect of the marketing mix for brands and products. Further, pricing research in marketing is interdisciplinary, utilizing economic and psychological concepts with special emphasis on measurement and estimation. This unique Handbook provides current knowledge of pricing in a single, authoritative volume and brings together new cutting-edge research by established marketing scholars on a range of topics in the area. The environment in which pricing decisions and transactions are implemented has changed dramatically, mainly due to the advent of the Internet and the practices of advance selling and yield management. Over the years, marketing scholars have incorporated developments in game theory and microeconomics, behavioral decision theory, psychological and social dimensions and newer market mechanisms of auctions in their contributions to pricing research. These chapters, specifically written for this Handbook, cover these various developments and concepts as applied to tackling pricing problems. Academics and doctoral students in marketing and applied economics, as well as pricing-focused business practitioners and consultants, will appreciate the state-of-the-art research herein.
