Dynamic Pricing and Inventory Control of Substitute Products

By Lingxiu Dong, Panos Kouvelis, Zhongjun Tian. Manufacturing & Service Operations Management, 2009

322 citations recorded by the source corpus.

Subfields: Management Information Systems, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/7aec2673447f87a4c7f90c69cf5eb408ae110609

How researchers see this paper

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

In Management Information Systems

1. Huseyin Topaloglu
2. James Mario Davis
3. Guillermo Gallego
4. Jianxiong Zhang
5. Ming Chen
6. Zhi-Long Chen

In Marketing

1. Guillermo Gallego
2. James Mario Davis
3. Jianxiong Zhang
4. Ming Chen
5. Huseyin Topaloglu
6. Zhi-Long Chen

In Strategy and Management

1. Huseyin Topaloglu
2. James Mario Davis
3. Guillermo Gallego
4. Ming Chen
5. Zhi-Long Chen

Citations in the corpus

• Assortment Planning Under the Multinomial Logit Model with Totally Unimodular Constraint Structures (2013, background): “Song and Xue (2007) and Dong et al. (2009) formulate the problem in terms of the market share of an item to get a concave objective function, but their work is based on the specific parametric relationship between price and preference weight.”
• Assortment Optimization Under Variants of the Nested Logit Model (2014, background): “…that the expected revenue function fails to be concave in prices for the multinomial logit model, but significant progress was made by formulating the pricing problem in terms of market shares, as this results in a concave expected revenue function; see Song and Xue (2007) and Dong et al. (2009).”
• Joint dynamic pricing and inventory control policy for a stochastic inventory system with perishable products (2015, background): “Dong, Kouvelis, and Tian (2009) studied the joint dynamic pricing and inventory control of substitute products for a retailer who faces a long supply lead time and a short selling season.”
• Recent Developments in Dynamic Pricing Research: Multiple Products, Competition, and Limited Demand Information (2015, methodology): “Dong et al. (2009) demonstrate that the complex price behavior is due to the interplay between inventory scarcity and quality difference among the products.”
• Dynamic Pricing and Learning: Historical Origins, Current Research, and New Directions (2013, unknown): “Extensive reviews of the literature on simultaneous optimization of price and inventory decisions can be found in Eliashberg and Steinberg (1993), Federgruen and Heching (1999), Elmaghraby and Keskinocak (2003, Section 4.”