Concept
Value-based pricing
Related publications (32)
Monopoly Pricing with Unknown Demand
The optimal pricing of goods, especially when they are new and the innovating firm is a monopolist, must proceed without precise knowledge of the demand curve. This paper provides a pricing method with a relative robustness guarantee by maximizing a perfor ...
2024How different charging prices can contribute to the balancing of ride-hailing services with electric vehicles
Nikolaos Geroliminis, Nils Gustav Nilsson, Marko Maljkovic
Motivated by the growing popularity of both the services offered by the ride-hailing companies and the electric vehicles (EVs), we study a scenario in which a central body e.g., the government, wants to influence how the EVs of different ride-hailing compa ...
2022Utilizing additive manufacturing and mass customization under capacity constraints
Ralf Seifert, Anna Timonina-Farkas, Rachel Agnès Laetitia Rosemonde Marie Lacroix
Additive manufacturing (AM), originally used for prototyping, is increasingly adopted for custom final part production across different industries. However, printing speed and production volume are two barriers for the adoption of AM for product customizat ...
SPRINGER2022Ride-sourcing fleet rebalancing with proactive and targeted pricing
Nikolaos Geroliminis, Min Ru Wang
This work studies the role of proactive and targeted ride-splitting incentives on the service level and total revenue of a ride-sourcing platform, which is built as a discrete event simulator that incorporates simulated taxi data within a congestible road ...
2022Maintenance scheduling of manufacturing systems based on optimal price of the network
Goods can exhibit positive externalities impacting decisions of customers in social networks. Suppliers can integrate these externalities in their pricing strategies to increase their revenue. Besides optimizing the prize, suppliers also have to consider t ...
2022The role of ride-split revenue optimization on service level and traffic operation
This master's project studies the role of ride-splitting incentives in the service level, total revenue, and trac impact of a ride-sourcing platform, which is built as a discrete event simulator using simulated taxi data within a congestible road network o ...
2021Industrial flexibility as demand-side response for electrical grid stability
François Maréchal, Ivan Daniel Kantor, Alessio Santecchia
Electricity markets are currently experiencing a period of rapid change. The intermittent nature of renewable energy is disrupting the conventional methods used in operational planning of the electrical grid, causing a shift from a day-ahead forecast polic ...
ECOS 2020 Local Organizing Committee2020Dynamic Learning in Markets: Pricing, Advertising, and Information Acquisition
In the face of demand uncertainty, a monopolist can observe sales as a controlled reaction to its price and advertising so as to improve the choice of this marketing mix in the future. Furthermore, to upgrade its knowledge about demand the firm has the opt ...
2019Analysis of the value of demand forecasting within vehicle sharing systems
Vehicle sharing systems (VSSs) are becoming increasingly popular, primarily due to their financial and environmental advantages. However, VSSs face many operational challenges, including inventory management of vehicles and parking spots, vehicle load bala ...
2019Recombinant Proteins for Industrial versus Pharmaceutical Purposes: A Review of Process and Pricing
Recombinant proteins have been produced for over 30 years. Applications range from enzymes used in laundry detergents to antigen-detecting antibodies in cancer therapy. Despite similarities in manufacturing, drastic differences in retail pricing between re ...
2019