Dynamic pricing and quick response of a retailer in the presence of ...

This DP strategy undoubtedly creates an incentive for strategic consumers to time their purchases to obtain the highest surplus. This strategic ...

The product value decreases over time, and the selling season is divided into a regular period and a discount period. Two distributionally robust dynamic ...

Dynamic Pricing and Quick Response of a Retailer in the Presence ...

Request PDF | Dynamic Pricing and Quick Response of a Retailer in the Presence of Strategic Consumers: A Distributionally Robust ...

A distributionally robust optimization approach - EconPapers - RePEc

The conditions for dynamic pricing to benefit the retailer with quick response are discussed. Two model extensions are provided with the consumer taste ...

Purchasing, Pricing, and Quick Response in the Presence of ...

We find that the value of quick response to a retailer is generally much greater in the presence of strategic consumers than without them: on average 67% more ...

Purchasing, Pricing, and Quick Response in the Presence ... - CORE

The addition of strategic consumers to the dynamic pricing problem is addressed by Besanko and Winston (1990), who model an uncapacitated, monopolistic retailer ...

Dynamic pricing in the presence of strategic consumers with ...

Dynamic pricing in the presence of strategic consumers with 'experience-in-store-and-buy-online' · Abstract · Data availability statement · Disclosure statement.

Purchasing, Pricing, and Quick Response in the Presence of ...

In equilibrium, strategic consumers and the retailer make optimal decisions given their rational expectations regarding future prices, availability of inventory ...

Dynamic Pricing in the Presence of Inventory Considerations

For example, programs such as CPFR (collaborative planning, forecasting and replenishment), QR (quick response) and VMI (Vendor Managed Inventory) enable.

Purchasing, pricing, and quick response in the presence of strategic ...

In equilibrium, strategic consumers and the retailer make optimal decisions given their rational expectations regarding future prices, availability of inventory ...

Purchasing, Pricing, and Quick Response in the Presence of ...

We …nd that under relatively mild conditions, the value of quick response to a retailer is much greater in the presence of strategic consumers than without them ...

How to Effectively Implement Retail Dynamic Pricing - Revel Blog

This strategy sets a low price to enter a competitive market and attract customers quickly, but after building a market presence and customer ...

Strategies for dynamic pricing competition between differentiated ...

They found that quick response capabilities are generally more valuable for retailers in the presence of strategic consumers. Aviv et al. (2019) ...

Dynamic Pricing in the Presence of Social Learning and Strategic ...

2009), the implementation of quick-response and fast-fashion practices (Cachon and Swinney 2009, 2011), and the timing of new product launches (Lobel et al.

Dynamic Pricing in the Presence of Social Learning and Strategic ...

Cachon G, Swinney R (2011) The value of fast fashion: Quick response, enhanced design, and strategic consumer behavior. Management Sci. 57(4):778-795.

Research review of dynamic pricing strategy based on strategic ...

design model, quick response and fast fashion model has carried on the comparative study. In summary, the foreign research on strategic consumers dynamic ...

Purchasing, Pricing, and Quick Response in the Presence of ...

the retailer better off with a dynamic pricing strat- egy that sets an optimal markdown given the avail- able inventory and initial sales?

Dynamic pricing in the presence of reference price effect and ...

The consumers form the utilities of two sequential periods based on anticipated future retail price in the second period and current retail price in the first ...

The Reference Effects on a Retailer's Dynamic Pricing and Inventory ...

retailer to recover faster and benefit the retailer in this case. 5.2. The Impact of Strategic Consumers. The segmentation of the demand market ...

Competition-Based Dynamic Pricing in Online Retailing

quick responses to competition.1. The price transparency enjoyed by consumers has prompted many online retailers to adopt a competition-based pricing ...