FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W4321784417> ?p ?o ?g. }

• W4321784417 abstract "Abstract In this study, we discuss on the dynamic pricing and investment strategy for fashion products which decay in value, such as fashion clothes. The products are sold by an enterprise under a monopoly market in a finite horizon. Due to the obsolescence of fashion products, their fashion level decreases over time. Obviously, the selling price has a negative effect on demand, while the fashion level has a positive effect. Moreover, we introduce a reference value, which is used to indicate consumers' requirements for fashion level. We assume that investment on products performance or goodwill can reduce consumers' requirements for fashion level, an optimal control model is established. To maximize the enterprise's total profit, we obtain the trajectories of the optimal pricing and investment strategy by utilizing the Pontryagin's maximum principle. The optimal strategy is to gradually lower the selling price and then slightly raise it at the end of the sales period and reduce investment as products become obsolete. Afterwards, we provide a numerical example to illustrate our conclusions. Through the sensitivity analysis of the main parameters, we capture the influence of the parameters on an optimal decision. Moreover, some management implications are given." @default.
• W4321784417 created "2023-02-25" @default.
• W4321784417 creator A5021074685 @default.
• W4321784417 creator A5088538223 @default.
• W4321784417 date "2023-02-24" @default.
• W4321784417 modified "2023-09-27" @default.
• W4321784417 title "Dynamic pricing and investment for fashion products under reference effect" @default.
• W4321784417 cites W1520884752 @default.
• W4321784417 cites W1970743458 @default.
• W4321784417 cites W1978929492 @default.
• W4321784417 cites W1980143082 @default.
• W4321784417 cites W2006781871 @default.
• W4321784417 cites W2022671105 @default.
• W4321784417 cites W2032523559 @default.
• W4321784417 cites W2040617298 @default.
• W4321784417 cites W2069008357 @default.
• W4321784417 cites W2069686656 @default.
• W4321784417 cites W2169978673 @default.
• W4321784417 cites W2290203892 @default.
• W4321784417 cites W2312379081 @default.
• W4321784417 cites W2482874306 @default.
• W4321784417 cites W2553039563 @default.
• W4321784417 cites W2563739339 @default.
• W4321784417 cites W2587389403 @default.
• W4321784417 cites W2591773451 @default.
• W4321784417 cites W2595212743 @default.
• W4321784417 cites W2792149395 @default.
• W4321784417 cites W2800084145 @default.
• W4321784417 cites W2800362499 @default.
• W4321784417 cites W2900121411 @default.
• W4321784417 cites W2943539941 @default.
• W4321784417 cites W2965522389 @default.
• W4321784417 cites W2997082590 @default.
• W4321784417 cites W3006323725 @default.
• W4321784417 cites W3012500491 @default.
• W4321784417 cites W3042301239 @default.
• W4321784417 cites W3087780861 @default.
• W4321784417 cites W3088838138 @default.
• W4321784417 cites W3112311190 @default.
• W4321784417 cites W3122455602 @default.
• W4321784417 cites W3126166346 @default.
• W4321784417 cites W3135237579 @default.
• W4321784417 doi "https://doi.org/10.1111/itor.13269" @default.
• W4321784417 hasPublicationYear "2023" @default.
• W4321784417 type Work @default.
• W4321784417 citedByCount "0" @default.
• W4321784417 crossrefType "journal-article" @default.
• W4321784417 hasAuthorship W4321784417A5021074685 @default.
• W4321784417 hasAuthorship W4321784417A5088538223 @default.
• W4321784417 hasConcept C10138342 @default.
• W4321784417 hasConcept C126255220 @default.
• W4321784417 hasConcept C141803461 @default.
• W4321784417 hasConcept C144133560 @default.
• W4321784417 hasConcept C162324750 @default.
• W4321784417 hasConcept C162853370 @default.
• W4321784417 hasConcept C16520705 @default.
• W4321784417 hasConcept C175444787 @default.
• W4321784417 hasConcept C17744445 @default.
• W4321784417 hasConcept C180456769 @default.
• W4321784417 hasConcept C181622380 @default.
• W4321784417 hasConcept C199539241 @default.
• W4321784417 hasConcept C27548731 @default.
• W4321784417 hasConcept C2778860618 @default.
• W4321784417 hasConcept C2779391423 @default.
• W4321784417 hasConcept C2780193402 @default.
• W4321784417 hasConcept C2781127519 @default.
• W4321784417 hasConcept C28761237 @default.
• W4321784417 hasConcept C30795975 @default.
• W4321784417 hasConcept C33923547 @default.
• W4321784417 hasConcept C40700 @default.
• W4321784417 hasConcept C91575142 @default.
• W4321784417 hasConcept C94625758 @default.
• W4321784417 hasConceptScore W4321784417C10138342 @default.
• W4321784417 hasConceptScore W4321784417C126255220 @default.
• W4321784417 hasConceptScore W4321784417C141803461 @default.
• W4321784417 hasConceptScore W4321784417C144133560 @default.
• W4321784417 hasConceptScore W4321784417C162324750 @default.
• W4321784417 hasConceptScore W4321784417C162853370 @default.
• W4321784417 hasConceptScore W4321784417C16520705 @default.
• W4321784417 hasConceptScore W4321784417C175444787 @default.
• W4321784417 hasConceptScore W4321784417C17744445 @default.
• W4321784417 hasConceptScore W4321784417C180456769 @default.
• W4321784417 hasConceptScore W4321784417C181622380 @default.
• W4321784417 hasConceptScore W4321784417C199539241 @default.
• W4321784417 hasConceptScore W4321784417C27548731 @default.
• W4321784417 hasConceptScore W4321784417C2778860618 @default.
• W4321784417 hasConceptScore W4321784417C2779391423 @default.
• W4321784417 hasConceptScore W4321784417C2780193402 @default.
• W4321784417 hasConceptScore W4321784417C2781127519 @default.
• W4321784417 hasConceptScore W4321784417C28761237 @default.
• W4321784417 hasConceptScore W4321784417C30795975 @default.
• W4321784417 hasConceptScore W4321784417C33923547 @default.
• W4321784417 hasConceptScore W4321784417C40700 @default.
• W4321784417 hasConceptScore W4321784417C91575142 @default.
• W4321784417 hasConceptScore W4321784417C94625758 @default.
• W4321784417 hasLocation W43217844171 @default.
• W4321784417 hasOpenAccess W4321784417 @default.
• W4321784417 hasPrimaryLocation W43217844171 @default.
• W4321784417 hasRelatedWork W1711436404 @default.
• W4321784417 hasRelatedWork W1985795559 @default.

• next