Dynamic Pricing with Early Cancellation and Resale
We consider a continuous time dynamic pricing model where a seller needs to sell a single item over a finite time horizon. Customers arrive in accordance with a Poisson process. Upon arrival, a customer either purchases the item if the posted price is lower than his/her reservation price, or leave...
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Virginia Tech
2014
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| Online Access: | http://hdl.handle.net/10919/31147 http://scholar.lib.vt.edu/theses/available/etd-02062003-155912/ |