Dynamic Pricing Research on Perishable Products under Consumer Strategy Behaviour
Science Journal of Applied Mathematics and Statistics
Volume 2, Issue 4, August 2014, Pages: 78-84
Received: Jul. 23, 2014;
Accepted: Jul. 29, 2014;
Published: Aug. 10, 2014
Views 3040 Downloads 185
Li Zhou, School of Information, Beijing Wuzi University, Beijing, China
Jing Li, Graduate department, Beijing Wuzi University, Beijing, China
Follow on us
It mainly focuses the consumer strategy behavior effect on retailers pricing mechanism. Under the condition of uncertainty demand and deterministic demand, consumers’ strategy behavior influence to price and profit. By introducing a discount factor, considering inventory timely complement and fixed inventory in two cases, obtains purchase decision and dynamic pricing strategies of consumers.
Consumer Strategy, Perishable Products, Dynamic Pricing, Inventory
To cite this article
Dynamic Pricing Research on Perishable Products under Consumer Strategy Behaviour, Science Journal of Applied Mathematics and Statistics.
Vol. 2, No. 4,
2014, pp. 78-84.
Elmaghraby W, Keskinocak P. “Dynamic Pricing in the Presence of Inventory Considerations:Research Overview, Current Practices, and Future Directions”, Management Science, vol.49,pp1287-1309, Oct 2003.
Zhou Yongpin, Fan Ming, Cho Minho. “On the threshold purchasing behavior of customers facing dynamically priced perishable products”, Presentation at Informs Pittsburgh National Meeting, Nov 2006.
Aviv Y, Pazgal A. “Optimal Pricing of Seasonal Products in the Presence of Forward-Looking Consumers”, Manufacturing & Service Operations Management, vol.4, pp.1-21,Jan 2008.
Peng Zhiqiang, Xiong Zhongkai, Li Gendao. “The Inter-temporal Pricing and Price Match Mechanism with Strategic Customers”, Journal of Industrial Engineering and Engineering Management, vol.24,pp.53-57, April 2010.
Cheng Yan. “Delay buying behavior-oriented perishable products dynamic bundling strategy in e-commerce setting”, Systems Engineering Theory & Practice, vol.31, pp. 1892-1902,Oct.2011.
Dou Jinhu Tian Peng. “Research on the effect of perishable goods' depreciation on dynamic pricing”. Shanghai Management Science, vol.33, pp.40-43,Jan 2011.