In this paper, a single-vendor multi-buyer discount pricing model has been developed under stochastic demand information. The vendor offers multiple pricing schedules to encourage the buyers to adopt the global optimal policy instead of their individual optimal ordering policy. The global optimal so
β¦ LIBER β¦
Multi-buyer discount pricing
β Scribed by Z. Drezner; G.O. Wesolowsky
- Publisher
- Elsevier Science
- Year
- 1989
- Tongue
- English
- Weight
- 285 KB
- Volume
- 40
- Category
- Article
- ISSN
- 0377-2217
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## Abstract A price takes the form of a cost for either one unit (singleβunit pricing) or multiple units (multiβunit pricing). I consider a monopolist selling units of a good to a population of homogeneous consumers to explain why one is preferred to the other. A mental cost arises if the division
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