Soheil Y. Sibdari

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For many years, dynamic pricing has proven to be an effective tool to increase revenue in the airline and other service industries. Most studies, however, focused on monopolistic models and ignored the fact that nowadays consumers can easily compare prices on the Inter-net. In this paper, we develop a game-theoretic model to describe real-time dynamic price(More)
Keywords: Pricing Revenue management Game theory Discrete choice model a b s t r a c t In this study, we contribute to the dynamic pricing literature by developing a finite horizon model for two firms offering substitutable and nonperishable products with different quality levels. Customers can purchase and store the products, even if they do not need them(More)
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