This article discusses passenger service in an elevator system during up-peak. There are several indicators describing elevator and passenger service, such as round-trip time and interval, passenger waiting time, ride time inside a car and journey time. Well-known equations for elevator...

This paper presents continuous learning methods in a monopoly pricing problem where the firm has uncertainty about the buyers’ preferences. The firm designs a menu of quality-price bundles and adjusts them using only local information about the buyers’ preferences. The learning methods...

We examine a contracting problem with asymmetric information in a monopoly pricing setting. Traditionally, the problem is modeled as a one-period Bayesian game, where the incomplete information about the buyers' preferences is handled with some subjective probability distribution. Here we...