Tuesday, May 5, 2009

A parallel between two classes of pricing problems in Transportation and Economics

Interuniversity Research Centre on Enterprise Networks, Logistics and Transportation - Cirrelt
January 2009

In this work, we establish a parallel between two classes of pricing problems that have attracted the attention of researchers in economics, theoretical computer science and operations research, each community addressing issues from its own vantage point. More precisely, we contract the problems of pricing a network or a product line, in order to achieve maximum revenue, given that customers maximize their individual utility. Throughout the paper, we focus on problems that can be formulated as mixed integer programs.

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