Dynamic Pricing in the Presence of Strategic Consumers and Oligopolistic Competition

By Yuri Levin, Jeff McGill, Mikhail Nediak. Management Sciences, 2009

316 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Information Systems, Marketing

View Paper: https://www.semanticscholar.org/paper/3b6cada21fa0b756107dde2d52770206ca959d27

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Ming Chen
2. Zhi-Long Chen
3. Yuri Levin
4. Zuo-Jun Max Shen
5. Fei Gao
6. Mikhail Nediak
7. Xuanming Su
8. Jeff McGill

In Management Information Systems

1. Fei Gao
2. Ming Chen
3. Zhi-Long Chen
4. Yuri Levin
5. Mikhail Nediak
6. Jeff McGill
7. Zuo-Jun Max Shen
8. Xuanming Su

In Marketing

1. Fei Gao
2. Ming Chen
3. Zhi-Long Chen
4. Yuri Levin
5. Mikhail Nediak
6. Jeff McGill
7. Zuo-Jun Max Shen
8. Xuanming Su

Citations in the corpus

• Recent Developments in Dynamic Pricing Research: Multiple Products, Competition, and Limited Demand Information (2015, methodology): “Levin et al. (2009) use a general linear random utility model to capture consumer choice behavior among multiple products including the option of delaying purchase to future periods due to strategic behavior.”
• Online and Offline Information for Omnichannel Retailing (2016, background): “This literature mostly focuses on dynamic pricing strategies when consumers strategically wait for potential price discounts in the future (Su, 2007; Aviv and Pazgal, 2008); more recent work has incorporated competition (Levin et al., 2009), binding reservations Osadchiy and Vulcano (2010), opaque s”
• Customer Behavior Modeling in Revenue Management and Auctions: A Review and New Research Opportunities (2007, background): “The authors extend their analysis to the oligopolist setting of Levin, McGill and Nediak (2006b).”
• Dynamic Pricing and Learning: Historical Origins, Current Research, and New Directions (2013, unknown): “Dynamic pricing in view of strategic customers has received a considerable amount of research attention in recent years; a representative sample is Su (2007), Aviv and Pazgal (2008), Elmaghraby et al. (2008), Liu and van Ryzin (2008), Levin et al. (2009), Cachon and Swinney (2009) and Su (2010).”
• Optimal Dynamic Pricing of Perishable Items by a Monopolist Facing Strategic Consumers (2010, background): “The literature on consumer behavior issues in RM for perishable products is growing rapidly; for a survey see Shen and Su (2007). Here, we only review models that are the most relevant in terms of their assumptions and conclusions relative to the present work.”