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This chapter reviews recent developments in analyzing single product dynamic models of joint inventory and pricing decisions. Recent literature has significantly generalized the basic model of Federgruen and Heching (1999) on both demand and supply dimensions. In our review, we put a particular...
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This paper examines the dynamic pricing decisions of a monopolist seller when customers have time-inconsistent preferences, which is modeled by quasi-hyperbolic discounting. By considering the cases where customers can be sophisticated, naive, or partially naive about their time-inconsistent...
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In low-density rural areas, implementing traditional public transportation can be challenging due to the first-and-last-mile problem. With the development of transformative technologies, an online ride-sharing platform can be a solution to address the rural mobility problem by offering on-demand...
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