Working papers
Subject(s)
Product and operations management
Keyword(s)
Revenue management, pricing, coordination, price-sensitive stochastic demand, hierarchical policies, lost sales rate elasticity
This is a revised version of the INSEAD paper, which was then published in Management Science. A pdf file of this working paper is available at SSRN.
Keyword(s)
Demand estimation, multivariate models, maximum likelihood, EM algorithm, revenue management
