| Article ID: | iaor19952124 |
| Country: | United Kingdom |
| Volume: | 22 |
| Issue: | 7 |
| Start Page Number: | 681 |
| End Page Number: | 687 |
| Publication Date: | Aug 1995 |
| Journal: | Computers and Operations Research |
| Authors: | Venkataramanan M.A., Cabot A.V., Winston W.L. |
| Keywords: | optimization |
Pricing copyable products to increase overall welfare is an important economic question. An indefinite mathematical program representing a pricing model is solved through an interval branch and bound algorithm. This paper illustrates interval arithmetic as an effective tool to solve realistic models which are not suitable for classical solution techniques. Computational results provide insight into the efficiency of various inclusion function forms.