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Differential Pricing for Information Sharing Under Competition

✍ Scribed by Aditya Jain; Sridhar Seshadri; Milind Sohoni

Book ID: 118091694
Publisher: Production and Operations Management Society
Year: 2010
Tongue: English
Weight: 599 KB
Volume: 20
Category: Article
ISSN: 1059-1478
DOI: 10.1111/j.1937-5956.2010.01161.x

No coin nor oath required. For personal study only.

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This article develops a continuous-time dynamic pricing model for two competitive flights with stochastic control theory and game theory. Two price levels are taken into account for each flight. The condition of the equilibrium solution is derived. Solutions and corresponding properties are discusse