The Resource Joint Pricing and Inventory Control under Reference Price Effects, Lisa Gimpl-Heersink, (electronic resource)

Joint Pricing and Inventory Control under Reference Price Effects, Lisa Gimpl-Heersink, (electronic resource)

Label
Joint Pricing and Inventory Control under Reference Price Effects
Title
Joint Pricing and Inventory Control under Reference Price Effects
Statement of responsibility
Lisa Gimpl-Heersink
Creator
Contributor
Author
Provider
Subject
Language
eng
Summary
In this work, we address the problem of simultaneously determining a pricing and inventory replenishment strategy under reference price effects. This reference price effect models the fact that consumers not only react sensitively to the current price, but also to deviations from a reference price formed on the basis of past purchases. Immediate effects of price reductions on profits have to be weighted against the resulting losses in future periods. By providing an analytical analysis and numerical simulations we study how the additional dynamics of the consumers' willingness to pay affect an optimal pricing and inventory control model and whether a simple policy such as a base-stock-list-price policy holds in such a setting
Cataloging source
PLANG
http://library.link/vocab/creatorName
Gimpl-Heersink, Lisa
Dissertation note
Doctoral Thesis.
Index
no index present
LC call number
HF5416.5
Literary form
non fiction
Nature of contents
  • dictionaries
  • theses
http://library.link/vocab/relatedWorkOrContributorName
JSTOR Open Access
Series statement
Forschungsergebnisse der Wirtschaftsuniversität Wien
Series volume
33
http://library.link/vocab/subjectName
  • Pricing
  • Inventory control
Label
Joint Pricing and Inventory Control under Reference Price Effects, Lisa Gimpl-Heersink, (electronic resource)
Instantiates
Publication
Contents
Inventory Management - Pricing - Reference Price - Stochastic Demand Model - Dynamic Programming - Demand Behaviour - Models in Operations Research Literature - Models in Marketing Literature - Integrated Model with Reference Price Effects - Numerical Simulations - Analytical Analysis
Edition
1st, New ed.
Extent
1 online resource.
Form of item
online
Isbn
9783631753804
Other control number
  • 9783631753804
  • 10.3726/b13901
Specific material designation
remote
Stock number
22573/ctv9gv57m
System control number
  • (OCoLC)1080493704
  • (OCoLC)on1080493704
Label
Joint Pricing and Inventory Control under Reference Price Effects, Lisa Gimpl-Heersink, (electronic resource)
Publication
Contents
Inventory Management - Pricing - Reference Price - Stochastic Demand Model - Dynamic Programming - Demand Behaviour - Models in Operations Research Literature - Models in Marketing Literature - Integrated Model with Reference Price Effects - Numerical Simulations - Analytical Analysis
Edition
1st, New ed.
Extent
1 online resource.
Form of item
online
Isbn
9783631753804
Other control number
  • 9783631753804
  • 10.3726/b13901
Specific material designation
remote
Stock number
22573/ctv9gv57m
System control number
  • (OCoLC)1080493704
  • (OCoLC)on1080493704

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