Pricing Time-Sensitive Services Based on Realized Performance
نویسندگان
چکیده
منابع مشابه
Pricing Time-Sensitive Services Based on Realized Performance
Services like FedEx charge up-front fees but reimburse customers for delays. However, lead time pricing studies ignore such delay refunds. This paper contributes to filling this gap. It studies revenue-maximizing tariffs that depend on realized lead times for a provider serving multiple time-sensitive customer types. We relax two key assumptions in the standard model since Naor (1969). First, c...
متن کاملPricing options on realized variance
Models which hypothesize that returns are pure jump processes with independent increments have been shown to be capable of capturing the observed variation of market prices of vanilla stock options across strike and maturity. In this paper, these models are employed to derive in closed form the prices of derivatives written on future realized quadratic variation. Alternative work on pricing der...
متن کاملRealized Volatility Based on Tick Time Sampling
A central limit theorem for the realized volatility estimator of the integrated volatility based on a specific random sampling scheme is proved. The estimator is shown to be also robust to market microstructure noise induced by price discreteness and bid-ask spreads.
متن کاملA Flexible Time-based Pricing Policy for Charging Internet Services
The integration of telecommunications and data networks enables Internet Service Providers (ISPs) to develop increasingly services to attract customers. Designing rational pricing plans is very important for ISPs to reflect actual cost and to promote different services. In this paper, we discuss the applicability of the duration-based pricing scheme for charging Internet services that constantl...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Manufacturing & Service Operations Management
سال: 2013
ISSN: 1523-4614,1526-5498
DOI: 10.1287/msom.2013.0434