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competition 1 competitive price-setting 1 competitiveness 1 competitors 1 complementary products 1 consumer perishables 1 decoupling 1 demand satisfaction 1 dynamic pricing 1 excess demand 1 inventory levels 1 iterative relaxation algorithms 1 marketing policies 1 multi-products 1 multiple products 1 newsvendor problem 1 non-linear algorithms 1 price sensitivity 1 pricing policies 1 product line demand 1 product substitutes 1 production planning 1 revenue management 1 serial inventories 1 single-products 1 stock-out 1
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Kachani, Soulaymane 1 Shmatov, Kyrylo 1
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International Journal of Revenue Management 1
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The multi-product competitive price-setting newsvendor problem
Kachani, Soulaymane; Shmatov, Kyrylo - In: International Journal of Revenue Management 5 (2011) 1, pp. 16-41
We consider the problem where a number of firms simultaneously compete in price and inventory level decisions. Each firm offers a line of several products, both complementary products and substitutes, the product line demand is also sensitive to prices of outside competitors' products. We also...
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