FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3140367246> ?p ?o ?g. }

• W3140367246 endingPage "6070" @default.
• W3140367246 startingPage "6055" @default.
• W3140367246 abstract "Increased availability of high-quality customer information has fueled interest in personalized pricing strategies, that is, strategies that predict an individual customer’s valuation for a product and then offer a price tailored to that customer. Although the appeal of personalized pricing is clear, it may also incur large costs in the forms of market research, investment in information technology and analytics expertise, and branding risks. In light of these trade-offs, our work studies the value of personalized pricing strategies over a simple single-price strategy. We first provide closed-form lower and upper bounds on the ratio between the profits of an idealized personalized pricing strategy (first-degree price discrimination) and a single-price strategy. Our bounds depend on simple statistics of the valuation distribution and shed light on the types of markets for which personalized pricing has little or significant potential value. Second, we consider a feature-based pricing model where customer valuations can be estimated from observed features. We show how to transform our aforementioned bounds into lower and upper bounds on the value of feature-based pricing over single pricing depending on the degree to which the features are informative for the valuation. Finally, we demonstrate how to obtain sharper bounds by incorporating additional information about the valuation distribution (moments or shape constraints) by solving tractable linear optimization problems. This paper was accepted by David Simchi-Levi, revenue management and market analytics." @default.
• W3140367246 created "2021-04-13" @default.
• W3140367246 creator A5005292316 @default.
• W3140367246 creator A5026888765 @default.
• W3140367246 creator A5047321437 @default.
• W3140367246 date "2021-10-01" @default.
• W3140367246 modified "2023-10-18" @default.
• W3140367246 title "The Value of Personalized Pricing" @default.
• W3140367246 cites W1036579647 @default.
• W3140367246 cites W1518992076 @default.
• W3140367246 cites W1585513689 @default.
• W3140367246 cites W1995294342 @default.
• W3140367246 cites W2003777645 @default.
• W3140367246 cites W2006273319 @default.
• W3140367246 cites W2048845950 @default.
• W3140367246 cites W2049445537 @default.
• W3140367246 cites W2061293389 @default.
• W3140367246 cites W2084753886 @default.
• W3140367246 cites W2098998642 @default.
• W3140367246 cites W2104852617 @default.
• W3140367246 cites W2109828429 @default.
• W3140367246 cites W2110373679 @default.
• W3140367246 cites W2118791906 @default.
• W3140367246 cites W2132818755 @default.
• W3140367246 cites W2137190019 @default.
• W3140367246 cites W2137972174 @default.
• W3140367246 cites W2146591451 @default.
• W3140367246 cites W2156844769 @default.
• W3140367246 cites W2166100521 @default.
• W3140367246 cites W2340496410 @default.
• W3140367246 cites W3122449708 @default.
• W3140367246 cites W3122852197 @default.
• W3140367246 cites W3122984207 @default.
• W3140367246 cites W3123761796 @default.
• W3140367246 cites W3124042719 @default.
• W3140367246 cites W3124248666 @default.
• W3140367246 cites W3124380021 @default.
• W3140367246 cites W3124865326 @default.
• W3140367246 cites W3125338181 @default.
• W3140367246 cites W3125449324 @default.
• W3140367246 cites W3125652619 @default.
• W3140367246 cites W3125821154 @default.
• W3140367246 cites W4250589301 @default.
• W3140367246 doi "https://doi.org/10.1287/mnsc.2020.3821" @default.
• W3140367246 hasPublicationYear "2021" @default.
• W3140367246 type Work @default.
• W3140367246 sameAs 3140367246 @default.
• W3140367246 citedByCount "28" @default.
• W3140367246 countsByYear W31403672462020 @default.
• W3140367246 countsByYear W31403672462021 @default.
• W3140367246 countsByYear W31403672462022 @default.
• W3140367246 countsByYear W31403672462023 @default.
• W3140367246 crossrefType "journal-article" @default.
• W3140367246 hasAuthorship W3140367246A5005292316 @default.
• W3140367246 hasAuthorship W3140367246A5026888765 @default.
• W3140367246 hasAuthorship W3140367246A5047321437 @default.
• W3140367246 hasConcept C10138342 @default.
• W3140367246 hasConcept C108713360 @default.
• W3140367246 hasConcept C121955636 @default.
• W3140367246 hasConcept C124101348 @default.
• W3140367246 hasConcept C144133560 @default.
• W3140367246 hasConcept C149782125 @default.
• W3140367246 hasConcept C159998540 @default.
• W3140367246 hasConcept C162324750 @default.
• W3140367246 hasConcept C162853370 @default.
• W3140367246 hasConcept C175444787 @default.
• W3140367246 hasConcept C181236170 @default.
• W3140367246 hasConcept C185632549 @default.
• W3140367246 hasConcept C186027771 @default.
• W3140367246 hasConcept C195487862 @default.
• W3140367246 hasConcept C2780193402 @default.
• W3140367246 hasConcept C2781386248 @default.
• W3140367246 hasConcept C36181114 @default.
• W3140367246 hasConcept C41008148 @default.
• W3140367246 hasConcept C79158427 @default.
• W3140367246 hasConceptScore W3140367246C10138342 @default.
• W3140367246 hasConceptScore W3140367246C108713360 @default.
• W3140367246 hasConceptScore W3140367246C121955636 @default.
• W3140367246 hasConceptScore W3140367246C124101348 @default.
• W3140367246 hasConceptScore W3140367246C144133560 @default.
• W3140367246 hasConceptScore W3140367246C149782125 @default.
• W3140367246 hasConceptScore W3140367246C159998540 @default.
• W3140367246 hasConceptScore W3140367246C162324750 @default.
• W3140367246 hasConceptScore W3140367246C162853370 @default.
• W3140367246 hasConceptScore W3140367246C175444787 @default.
• W3140367246 hasConceptScore W3140367246C181236170 @default.
• W3140367246 hasConceptScore W3140367246C185632549 @default.
• W3140367246 hasConceptScore W3140367246C186027771 @default.
• W3140367246 hasConceptScore W3140367246C195487862 @default.
• W3140367246 hasConceptScore W3140367246C2780193402 @default.
• W3140367246 hasConceptScore W3140367246C2781386248 @default.
• W3140367246 hasConceptScore W3140367246C36181114 @default.
• W3140367246 hasConceptScore W3140367246C41008148 @default.
• W3140367246 hasConceptScore W3140367246C79158427 @default.
• W3140367246 hasIssue "10" @default.
• W3140367246 hasLocation W31403672461 @default.
• W3140367246 hasOpenAccess W3140367246 @default.
• W3140367246 hasPrimaryLocation W31403672461 @default.

• next