An overview of pricing models for revenue management

By Gabriel R. Bitran, René Caldentey. IEEE Engineering Management Review, 2003

535 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Information Systems, Marketing

View Paper: https://www.semanticscholar.org/paper/7e7f14f325d7e8d70e20ca22800ad87cfbf339ff

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. Yinyu Ye
2. Rosanna Leung
3. Zizhuo Wang
4. Shipra Agrawal
5. Ming Chen
6. Zhi-Long Chen

In Management Information Systems

1. Rosanna Leung
2. David Simchi-Levi
3. Yinyu Ye
4. Maryam Ghoreishi
5. Abolfazl Mirzazadeh
6. Zizhuo Wang
7. Shipra Agrawal
8. Dimitrios Buhalis

In Marketing

1. Rosanna Leung
2. David Simchi-Levi
3. Yinyu Ye
4. Zizhuo Wang
5. Shipra Agrawal
6. Dimitrios Buhalis
7. Jianxiong Zhang
8. Ming Chen

Citations in the corpus

• Joint dynamic pricing and inventory control policy for a stochastic inventory system with perishable products (2015, background): “…years, both dynamic pricing and inventory control have attracted significant attention of researchers from economics, marketing and operations (Bitran and Caldentey 2003; Bertsimas and Sim 2004; Talluri and van Ryzin 2004; Adida and Perakis 2006; Steeneck and Sarin 2013; Chen, Pang, and Pan…”
• Optimal pricing and ordering policy for non-instantaneous deteriorating items under inflation and customer returns (2014, background): “McGill and VanRyzin [2], Bitran and Caldentey [3], and Elmaghraby and Keskinocak [4] presented reviews of RM. Optimal pricing is an important revenue-enhancing business practice within RM that is often combined with inventory ordering policy.”
• Smart hospitality—Interconnectivity and interoperability towards an ecosystem (2018, background): “…introduced to assist revenue managers to maximise hotel room rate and occupancy, including revenue-maximizing prices for available room over time (Bitran and Caldentey, 2003); customer perception and loyalty (Lin and Huang, 2015; Noone and Mattila, 2009); distribution channel management (Toh et…”
• Recent Developments in Dynamic Pricing Research: Multiple Products, Competition, and Limited Demand Information (2015, background): “Bitran and Caldentey (2003) provide a limited review on the same class of problems.”
• Analytics for an Online Retailer: Demand Forecasting and Price Optimization (2016, background): “Smith and Achabal (1998) and Caldentey (2003) provide a good overview of this literature.”
• A Dynamic Near-Optimal Algorithm for Online Linear Programming (2009, methodology): “In the operations research and management science communities, a dynamic and optimal pricing strategy for various online revenue management and resource allocation problems has always been an important research topic; studies include Elmaghraby and Keskinocak (2003), Gallego and van Ryzin (1997, 199”