Melnikov, Oleg - In: Organizations and markets in emerging economies 14 (2023) 2, pp. 436-457
This paper is devoted to the development of heuristics for the dynamic pricing problem. A discrete time model of … dynamic pricing on the fixed time horizon is proposed. It is applicable to products that satisfy two properties: 1) product … value expires at a certain predetermined date, and 2) consumers demand at most a single unit of the product. This type of …