Questions tagged [revenue]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
6
votes
2answers
184 views

What is the best way to read papers in OR/MS field?

I am a Ph.D. student in management science and I am interested in Dynamic Pricing. I need to define some problems and work on them as my thesis Most papers in this field are full of complicated proofs ...
2
votes
0answers
32 views

If $F$ is MHR (log-concave), can the monopoly reserve price exceed the mean?

Let $V\sim F$ be some positive valued random variable such that $F$ has a monotone hazard rate (alternatively $F$ is log-concave). Let $p = \operatorname{argmax}q(1-F(q))$. We call $p$ the monopoly ...
2
votes
0answers
46 views

dynamic pricing considering competitor's price

Let's say an online-only retailer (specialized market/without own brand) trying to play with the price of the product. If only matching amazon's price, it might end up not making much profit, since ...