Risk-sensitive dynamic pricing for a single perishable product

نویسندگان

  • Michael Z. F. Li
  • Weifen Zhuang
چکیده

We show that the monotone structures of dynamic pricing for a single perishable product under riskneutrality are preserved under risk-sensitivitywith the additive general utility and atemporal exponential utility functions. We also show that the optimal price is decreasing over the degree of risk-sensitivity under the exponential class of both additive and atemporal utility functions. © 2009 Elsevier B.V. All rights reserved.

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عنوان ژورنال:
  • Oper. Res. Lett.

دوره 37  شماره 

صفحات  -

تاریخ انتشار 2009