A pricing model derived from cooperative games with elastic demand

A pricing model derived from cooperative games with elastic demand

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Article ID: iaor20053269
Country: France
Volume: 35
Issue: 3
Start Page Number: 367
End Page Number: 381
Publication Date: Jul 2001
Journal: RAIRO Operations Research
Authors: , ,
Keywords: pricing
Abstract:

We propose here a pricing model which is an extension of the cooperative game concept and which includes a notion of elastic demand. We present some existence results as well as some algorithms. We conclude by discussing this model in the context of some production and transportation problems.

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