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A virtual competition auction model for perishable products

✍ Scribed by Shouhong Wang; Hai Wang


Book ID
107661441
Publisher
Springer-Verlag
Year
2011
Tongue
English
Weight
295 KB
Volume
21
Category
Article
ISSN
1019-6781

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## Abstract This paper studies the dynamic pricing problem of selling fixed stock of perishable items over a finite horizon, where the decision maker does not have the necessary historic data to estimate the distribution of uncertain demand, but has imprecise information about the quantity demand.