This article considers advance selling problems. It explains why some goods (e.g. airline tickets) are sold cheap to early buyers, while others (e.g. theatre tickets) offer discounts to those who buy late. We derive the profit maximising selling strategy for a monopolist when aggregate demand is cer
✦ LIBER ✦
Advance Purchase Discounts Versus Clearance Sales
✍ Scribed by Marc Möller; Makoto Watanabe
- Book ID
- 111056210
- Publisher
- John Wiley and Sons
- Year
- 2010
- Tongue
- English
- Weight
- 309 KB
- Volume
- 120
- Category
- Article
- ISSN
- 0013-0133
No coin nor oath required. For personal study only.
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