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Reinforcement learning for freight booking control problems Journal of Revenue and Pricing Management Pub Date : 2024-03-16 Justin Dumouchelle, Emma Frejinger, Andrea Lodi
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Calculation of product service systems in single and small batch production Journal of Revenue and Pricing Management Pub Date : 2024-03-02 Günther Schuh, Gerret Lukas, Julian Schweins, Julian Trisjono, Julius Frank
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Do petroleum price fluctuations under price deregulation cause business cycles in Ghana? Journal of Revenue and Pricing Management Pub Date : 2024-02-28 Frank Gyimah Sackey, Richard Kofi Asravor, Emmanuel Orkoh, Isaac Ankrah
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Optimal pricing of subscription services in the restaurant industry Journal of Revenue and Pricing Management Pub Date : 2024-02-13
Abstract Currently, the hospitality industry is experiencing an increase in the adoption of subscription-based business models among restaurants. Pricing is a critical factor to consider when deploying the subscription models. However, only a few studies in the literature talk of pricing the new subscriptions and even in these studies no algorithm is given for setting the prices. Consequently, this
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How to overcome a worldwide lockdown in the hospitality sector? Lessons from revenue managers Journal of Revenue and Pricing Management Pub Date : 2024-02-10 María Dolores Flecha-Barrio, Fernando E. García-Muiña, Lydia González-Serrano, Pilar Talón-Ballestero
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Price optimization for manufacturers in a competitive retail market: imported products and online crowdfunding option Journal of Revenue and Pricing Management Pub Date : 2024-02-03
Abstract This study explores how manufacturers in the competitive supply chain can set prices and secure funding effectively. We use game theory to look at how competition between domestic and foreign manufacturers affects pricing decisions. Our research investigates how a domestic manufacturer can improve its market share by addressing financial challenges through modern financing methods. In this
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Revenue management without demand forecasting: a data-driven approach for bid price generation Journal of Revenue and Pricing Management Pub Date : 2024-02-01 Ezgi C. Eren, Zhaoyang Zhang, Jonas Rauch, Ravi Kumar, Royce Kallesen
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Demand for 5G from residential customers in Germany: a quantitative online survey using the Van Westendorp method Journal of Revenue and Pricing Management Pub Date : 2024-01-27 Jasmin Ebert, Peter Winzer
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Dynamic pricing of differentiated products under competition with reference price effects using a neural network-based approach Journal of Revenue and Pricing Management Pub Date : 2023-12-15 Parisa Famil Alamdar, Abbas Seifi
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Optimizing online selling through an online-to-offline platform: strategic ramifications for local n stores Journal of Revenue and Pricing Management Pub Date : 2023-12-15 Ata Allah Taleizadeh, Ebrahim Salehi Darabi, Park Thaichon
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MFRS 15 revenue from contracts with customers: its adoption and the organisational change Journal of Revenue and Pricing Management Pub Date : 2023-12-08 Syazwani ‘Izzati Mohd Fauzi, Mazurina Mohd Ali, Erlane K. Ghani
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Airline revenue management with segmented continuous pricing: methods and competitive effects Journal of Revenue and Pricing Management Pub Date : 2023-12-03 Yanbin Long, Peter Belobaba
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The role of exchange rate on hotelier’s pricing decision and business performance: the case of Switzerland, a small open economy Journal of Revenue and Pricing Management Pub Date : 2023-11-28 Isabella Blengini, Cindy Yoonjoung Heo
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Elasticity-integrated pricing and allocation heuristic for airline revenue management Journal of Revenue and Pricing Management Pub Date : 2023-11-19 Aparna Jayaram, R. K. Amit, Amit Agarwal, Xiaodong Luo
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Equilibrium pricing structure in a differentiated duopoly: uniform vs. two-part pricing Journal of Revenue and Pricing Management Pub Date : 2023-11-18 Taeki Min, Kyung Jin Min, Hyung Jun Kim
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Does carbon pricing matter? An exploratory study based on international data Journal of Revenue and Pricing Management Pub Date : 2023-11-11 Praveen Kumar
In this article, I have assessed whether carbon pricing effectively controls international CO2 emissions. For this purpose, I run a panel data regression analysis by utilizing Per Capita CO2 emissions as a dependent variable and Carbon Tax initiatives as an independent variable in the presence of five control variables. Unlike other studies, my research sample included not only all the countries for
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The weakening pricing power of major brand over private label grocery products: evidence from a Dutch retailer Journal of Revenue and Pricing Management Pub Date : 2023-11-09 Hao Chen, Alvin Lim
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Transient price setting in the era of automated systems: the ‘hands-on’ hotel general manager lives on! Journal of Revenue and Pricing Management Pub Date : 2023-11-07 Natalie Haynes, David Egan
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A dynamic pricing strategy model for Indian Railways Journal of Revenue and Pricing Management Pub Date : 2023-11-04 Kartikeya Singh, Pushkaraj Dhake, Sundaravalli Narayanaswami
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Future of personalization in travel Journal of Revenue and Pricing Management Pub Date : 2023-11-03 B. Vinod
Personalization of customer offers has been a topic of discussion in travel for well over two decades. Over the past few years, there has been renewed focus on personalization with IATA’s New Distribution Capability (NDC) initiative. The context for travel plays a key role in personalizing offers for a collection of travelers with similar traits associated with their travel patterns. When the customer
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Predicting daily hotel occupancy: a practical application for independent hotels Journal of Revenue and Pricing Management Pub Date : 2023-11-01 Apostolos Ampountolas, Mark Legg
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A combined algorithm for selection of optimal bidder(s) Journal of Revenue and Pricing Management Pub Date : 2023-10-28 J. Ravichandran, B. Vanishree
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Correction to: Optimal pricing for a multinomial logit choice model with network effects Journal of Revenue and Pricing Management Pub Date : 2023-09-09 Nako Iwaji, Kimitoshi Sato
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Price promotion optimization model for multiperiod planning: a case study of beauty category products sold in a convenience store chain Journal of Revenue and Pricing Management Pub Date : 2023-08-17 Naragain Phumchusri, Thiti Chewcharat, Supawish Kanokpongsakorn
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Retail pricing, cashback and refund decisions in a supply chain with e-shop and direct channels Journal of Revenue and Pricing Management Pub Date : 2023-08-12 Ata Allah Taleizadeh, Alireza Mahmoudzade Varzi, Hadi Akbarzadeh Khorshidi, Mahsa Noori-daryan
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Optimal online channel configuration for a Manufacturer under price and lead time-sensitive demand Journal of Revenue and Pricing Management Pub Date : 2023-08-08 T. M. Rofin, Sreejith Alathur
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Optimal pricing policy in the presence of positive and negative network effects Journal of Revenue and Pricing Management Pub Date : 2023-08-06 Nako Iwaji, Kimitoshi Sato
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Myopic use of the inverse elasticity pricing rule by a multiproduct firm Journal of Revenue and Pricing Management Pub Date : 2023-08-03 Kenneth Fjell, John S. Heywood
We examine the myopic price changes based on the inverse elasticity pricing rule for a multiproduct firm. By myopic, we mean ignoring that elasticity likely changes with price and that marginal cost likely changes with quantity. Unlike with a single product firm, constant demand elasticities and marginal cost do not cause the inverse elasticity rule to yield the profit-maximizing price change. The
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The diffusion of dynamic pricing in the European parking industry Journal of Revenue and Pricing Management Pub Date : 2023-08-02 Mark Friesen, Sascha Albers, Jan Wajerski, Julie Laeremans
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Fourth revenue management education RevME workshop, 13–14 December 2022, Amsterdam, The Netherlands Journal of Revenue and Pricing Management Pub Date : 2023-05-05 Stefania Ntregka
The paper provides a review of the fourth edition of RevMe conference that was hosted in Amsterdam, The Netherlands by Hotelschool The Hague. Professionals and educators in the field of revenue management from institutions in the USA and Europe shared their views and latest research in the field.
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The future of sports ticketing: Technologies, data, and new strategies Journal of Revenue and Pricing Management Pub Date : 2023-04-27 Övünç Yılmaz, Rob F. Easley, Mark E. Ferguson
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Customer behaviour towards energy usage with time of use tariff: a systematic literature review Journal of Revenue and Pricing Management Pub Date : 2023-04-08 Hari Agung Yuniarto, Nur Mayke Eka Normasari, Sella Friscilla Silalahi, Irene Clarisa Gunawan, Deendarlianto, Indra Ardhanayudha Aditya, Arionmaro Asi Simaremare, Fajar Nurrohman Haryadi
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Price fairness: square equity and mean pricing Journal of Revenue and Pricing Management Pub Date : 2023-03-14 Dubravko Radic
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Pricing decisions during panic buying and its effect on a dual-channel supply chain under different channel power structures Journal of Revenue and Pricing Management Pub Date : 2023-03-13 Sarin Raju, T. M. Rofin, S. Pavan Kumar
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Does historical data still matter for demand forecasting in uncertain and turbulent times? An extension of the additive pickup time series method for SME hotels Journal of Revenue and Pricing Management Pub Date : 2023-03-11 Cindy Yoonjoung Heo, Luciano Viverit, Luís Nobre Pereira
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Revenue maximization and pricing: an ethanol supply chain and logistical strategy perspectives Journal of Revenue and Pricing Management Pub Date : 2023-03-07 Iddrisu Awudu, William Wilson, George Baah, Vinay Gonela, Mariama Yakubu
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Pricing and revenue-based outsourcing strategies in a multi-echelon lot-sizing model under insufficient production capacity Journal of Revenue and Pricing Management Pub Date : 2023-03-06 Debabrata Das, Sameer Kumar, Nirmal Baran Hui, Vipul Jain, Charu Chandra
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Pricing in emerging mobility services: a comprehensive review Journal of Revenue and Pricing Management Pub Date : 2023-03-04 Qingyang Xiao, Jee Eun Kang
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Acceptable price of packaged palm cooking oil amid scarcity in Indonesia Journal of Revenue and Pricing Management Pub Date : 2023-03-03 Yudha Purbawa, I Gede Mahatma Yuda Bakti, Helena J. Purba, Nidya J. Astrini, Romeyn P. Putra, Sik Sumaedi
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Do-it-yourself menu management and pricing Journal of Revenue and Pricing Management Pub Date : 2023-02-21 Hao Bin Jack Lai, Shahrim Karim
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Customer type discovery in hotel revenue management by Memetic algorithm Journal of Revenue and Pricing Management Pub Date : 2023-01-13 Hamed Sherafat Moula, S. Hadi Yaghoubyan, Razieh Malekhosseini, Karamollah Bagherifard
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Personalization @ scale in airlines: combining the power of rich customer data, experiential learning, and revenue management Journal of Revenue and Pricing Management Pub Date : 2023-01-11 Alberto Guerrini, Gabriele Ferri, Stefano Rocchi, Marcelo Cirelli, Vicente Piña, Antoine Grieszmann
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Probing permanent price reduction strategy of manufacturer brands: pre- and post-purchase perceptions Journal of Revenue and Pricing Management Pub Date : 2022-12-23 Waheed Kareem Abdul
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Bibliometric research of the Pay-What-You-Want Topic Journal of Revenue and Pricing Management Pub Date : 2022-12-11 Emili Vizuete-Luciano, Oktay Güzel, José M. Merigó
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Thoughts: some curmudgeonly contrarian thinking Journal of Revenue and Pricing Management Pub Date : 2022-12-08 Ross Darrow
In this Journal of Revenue and Pricing Management special issue on personalization, you’ve read many “gee-whiz, Jetsons-style” articles. This article is here to provide some balance and maybe a splash of cold water. Three key points: (1) Stop worrying about demographic data and start focusing on observable behaviors on your website (side benefit: it’s GDPR compliant). (2) Create a simple, clean website
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Transaction costs and the value of a good reputation: evidence from the offshore drilling rig market Journal of Revenue and Pricing Management Pub Date : 2022-12-06 Christopher J. Jablonowski, Douglas P. MacEachern
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A heuristic for incorporating ancillaries into air choice models with personalization (Part 1: estimating preferences using hedonic regression) Journal of Revenue and Pricing Management Pub Date : 2022-12-02 Michal Sznajder, Richard Ratliff, Cuneyd Kaya
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Availability control under online reviews in hospitality Journal of Revenue and Pricing Management Pub Date : 2022-11-28 C. I. Chiang
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Book now, pay later: the effects of delays in payments and temporal distance on consumers’ perceptions and purchase intention Journal of Revenue and Pricing Management Pub Date : 2022-11-27 Yisak Jang, Li Miao, Chih-Chien Chen
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Evaluating promotional pricing effectiveness using convenience store daily sales data Journal of Revenue and Pricing Management Pub Date : 2022-11-23 Naragain Phumchusri, Warot Kosawanitchakarn, Sirawich Chawanapranee, Sirawish Srimook
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Market segmentation and dynamic price discrimination in the U.S. airline industry Journal of Revenue and Pricing Management Pub Date : 2022-11-21 Chengyan Gu
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Airline CEO’s AI system for driving personalization Journal of Revenue and Pricing Management Pub Date : 2022-11-16 Gopal Ranganathan
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A model for optimizing operating margin at the retailer’s point of sale Journal of Revenue and Pricing Management Pub Date : 2022-11-16 John Hogan
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The personalized recommendation for OTA flight cancellation and change services during the pandemic Journal of Revenue and Pricing Management Pub Date : 2022-11-14 Zhicheng Gong, Hao Wang, Qiangqiang Nie, Zhenhua Zhang, Quanwu Xiao
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Demand change detection in airline revenue management Journal of Revenue and Pricing Management Pub Date : 2022-08-06 Giovanni Gatti Pinheiro, Thomas Fiig, Michael D. Wittman, Michael Defoin-Platel, Riccardo D. Jadanza
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Revenue implications of celebrities on Broadway theatre Journal of Revenue and Pricing Management Pub Date : 2022-06-17 Kyle D. S. Maclean, Fredrik Ødegaard
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Competitive pricing on online markets: a literature review Journal of Revenue and Pricing Management Pub Date : 2022-06-14 Torsten J. Gerpott, Jan Berends
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Impact of consumer behavior on online resale price and transaction closure Journal of Revenue and Pricing Management Pub Date : 2022-05-27 Bhagirath, Neetu Mittal, Sushil Kumar
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Efficiency measurement for revenue management Journal of Revenue and Pricing Management Pub Date : 2022-05-21 Fedor Nikitin, Antti Tolvanen
New measure for revenue management efficiency based on the information ratio of the analyst decisions is introduced. Compared to the often-used revenue opportunity models based on greedy upper and lower revenues this measure is defined for all demand levels and inherently expresses the effect of demand forecast errors. In this study, we consider Gaussian demand vector with possibly non-zero covariance
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Forecasting at capacity: the bias of unconstrained forecasts in model evaluation Journal of Revenue and Pricing Management Pub Date : 2022-05-19 Timothy Webb