메뉴 건너뛰기




Volumn 64, Issue 9, 2018, Pages 4118-4136

Price to compete... with many: How to identify price competition in high-dimensional space

Author keywords

High dimensionality; Industries: hotel motel; Price competition; Simultaneity bias

Indexed keywords

COMMERCE; COSTS;

EID: 85048139729     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.2017.2820     Document Type: Article
Times cited : (30)

References (40)
  • 1
    • 77951183572 scopus 로고    scopus 로고
    • Dynamic pricing and inventory control: Uncertainty and competition
    • Adida E, Perakis G (2010) Dynamic pricing and inventory control: Uncertainty and competition. Oper. Res. 58(2):289-302.
    • (2010) Oper. Res. , vol.58 , Issue.2 , pp. 289-302
    • Adida, E.1    Perakis, G.2
  • 2
    • 84860873754 scopus 로고    scopus 로고
    • A choice-based dynamic programming approach for setting opaque prices
    • Anderson CK, Xie XQ (2011) A choice-based dynamic programming approach for setting opaque prices. Production Oper. Management 21(3):590-605.
    • (2011) Production Oper. Management , vol.21 , Issue.3 , pp. 590-605
    • Anderson, C.K.1    Xie, X.Q.2
  • 3
    • 0001817131 scopus 로고
    • Demand for differentiated products, discrete choice models, and the characteristics approach
    • Anderson SP, De Palma A, Thisse J-F (1989) Demand for differentiated products, discrete choice models, and the characteristics approach. Rev. Econom. Stud. 56(1):21-35.
    • (1989) Rev. Econom. Stud. , vol.56 , Issue.1 , pp. 21-35
    • Anderson, S.P.1    De Palma, A.2    Thisse, J.-F.3
  • 5
    • 84870205103 scopus 로고    scopus 로고
    • Sparse models and methods for optimal instruments with an application to eminent domain
    • Belloni A, Chen D, Chernozhukov V, Hansen C (2012) Sparse models and methods for optimal instruments with an application to eminent domain. Econometrica 80(6):2369-2429.
    • (2012) Econometrica , vol.80 , Issue.6 , pp. 2369-2429
    • Belloni, A.1    Chen, D.2    Chernozhukov, V.3    Hansen, C.4
  • 6
    • 0024629453 scopus 로고
    • Application of a probabilitics decision model to airline seat inventory control
    • Belobaba PP (1989) Application of a probabilitics decision model to airline seat inventory control. Oper. Res. 37(2):183-197.
    • (1989) Oper. Res. , vol.37 , Issue.2 , pp. 183-197
    • Belobaba, P.P.1
  • 7
    • 85052622015 scopus 로고    scopus 로고
    • Amazon's third-party merchants are a growing piece of the sales pie
    • January 5
    • Bensinger G (2015) Amazon's third-party merchants are a growing piece of the sales pie. Digits (blog) (January 5), https://blogs.wsj.com/digits/2015/01/05/amazons-third-party-merchants-a-growing-piece-of-the-sales-pie/.
    • (2015) Digits (blog)
    • Bensinger, G.1
  • 12
    • 59649110912 scopus 로고    scopus 로고
    • Revenue management's renaissance: A rebirth of the art and science of profitable revenue generation
    • Cross RG, Higbie JA, Cross DQ (2009) Revenue management's renaissance: A rebirth of the art and science of profitable revenue generation. Cornell Hospitality Quart. 50(1):56-81.
    • (2009) Cornell Hospitality Quart. , vol.50 , Issue.1 , pp. 56-81
    • Cross, R.G.1    Higbie, J.A.2    Cross, D.Q.3
  • 13
    • 0842291796 scopus 로고
    • Estimating markups and market conduct with multidimensional product attributes
    • Feenstra RC, Levinsohn JA (1995) Estimating markups and market conduct with multidimensional product attributes. Rev. Econom. Stud. 62(1):19-52.
    • (1995) Rev. Econom. Stud. , vol.62 , Issue.1 , pp. 19-52
    • Feenstra, R.C.1    Levinsohn, J.A.2
  • 14
    • 85047150197 scopus 로고    scopus 로고
    • Competition-based dynamic pricing in online retailing: A methodology validated with field experiments
    • Fisher M, Gallino S, Li J (2018) Competition-based dynamic pricing in online retailing: A methodology validated with field experiments. Management Sci. 64(6):2496-2514.
    • (2018) Management Sci. , vol.64 , Issue.6 , pp. 2496-2514
    • Fisher, M.1    Gallino, S.2    Li, J.3
  • 15
    • 77950537175 scopus 로고    scopus 로고
    • Regularization paths for generalized linear models via coordinate descent
    • Friedman J, Hastie T, Tibshirani R (2010) Regularization paths for generalized linear models via coordinate descent. J. Statist. Software 33(1):1-22.
    • (2010) J. Statist. Software , vol.33 , Issue.1 , pp. 1-22
    • Friedman, J.1    Hastie, T.2    Tibshirani, R.3
  • 16
    • 49249146395 scopus 로고
    • Price competition, quality, and income disparities
    • Gabszewicz JJ, Thisse JF (1979) Price competition, quality, and income disparities. J. Econom. Theory 20(3):340-359.
    • (1979) J. Econom. Theory , vol.20 , Issue.3 , pp. 340-359
    • Gabszewicz, J.J.1    Thisse, J.F.2
  • 17
    • 84900425033 scopus 로고    scopus 로고
    • Dynamic pricing of perishable assets under competition
    • Gallego G, Hu M (2014) Dynamic pricing of perishable assets under competition. Management Sci. 60(5):1241-1259.
    • (2014) Management Sci. , vol.60 , Issue.5 , pp. 1241-1259
    • Gallego, G.1    Hu, M.2
  • 18
    • 0028480132 scopus 로고
    • Optimal dynamic pricing of inventories with stochastic demand over finite horizons
    • Gallego GR, van Ryzin G (1994) Optimal dynamic pricing of inventories with stochastic demand over finite horizons. Marketing Sci. 40(8):999-1020.
    • (1994) Marketing Sci. , vol.40 , Issue.8 , pp. 999-1020
    • Gallego, G.R.1    Van Ryzin, G.2
  • 19
    • 0000250716 scopus 로고
    • Specification tests in econometrics
    • Hausman JA (1978) Specification tests in econometrics. Econometrica 46(6):1251-1271.
    • (1978) Econometrica , vol.46 , Issue.6 , pp. 1251-1271
    • Hausman, J.A.1
  • 20
    • 0002860654 scopus 로고
    • Stability in competition
    • Hotelling H (1929) Stability in competition. Econom. J. 39(153):41-57.
    • (1929) Econom. J. , vol.39 , Issue.153 , pp. 41-57
    • Hotelling, H.1
  • 21
    • 84904902547 scopus 로고    scopus 로고
    • Search for differentiated products: Identification and estimation
    • Koulayev S (2014) Search for differentiated products: Identification and estimation. RAND J. Econom. 45(3):553-575.
    • (2014) RAND J. Econom. , vol.45 , Issue.3 , pp. 553-575
    • Koulayev, S.1
  • 23
    • 84900465682 scopus 로고    scopus 로고
    • Are consumers strategic? Structural estimation from the air-travel industry
    • Li J, Granados N, Netessine S (2014) Are consumers strategic? Structural estimation from the air-travel industry. Management Sci. 60(9):2114-2137.
    • (2014) Management Sci. , vol.60 , Issue.9 , pp. 2114-2137
    • Li, J.1    Granados, N.2    Netessine, S.3
  • 24
    • 79959274073 scopus 로고    scopus 로고
    • Dynamic price competition with fixed capacities
    • Martínez-de-Albéniz V, Talluri K (2011) Dynamic price competition with fixed capacities. Management Sci. 57(6):1078-1093.
    • (2011) Management Sci. , vol.57 , Issue.6 , pp. 1078-1093
    • Martínez-De-Albéniz, V.1    Talluri, K.2
  • 25
    • 20944445916 scopus 로고    scopus 로고
    • Revenue management games: Horizontal and vertical competition
    • Netessine S, Shumsky RA (2005) Revenue management games: Horizontal and vertical competition. Management Sci. 51(5):813-831.
    • (2005) Management Sci. , vol.51 , Issue.5 , pp. 813-831
    • Netessine, S.1    Shumsky, R.A.2
  • 27
    • 70349305405 scopus 로고    scopus 로고
    • Competing retailers and inventory: An empirical investigation of General Motors' dealerships in isolated U. S. Markets
    • Olivares M, Cachon GP (2009) Competing retailers and inventory: An empirical investigation of General Motors' dealerships in isolated U. S. markets. Management Sci. 55(9):1586-1604.
    • (2009) Management Sci. , vol.55 , Issue.9 , pp. 1586-1604
    • Olivares, M.1    Cachon, G.P.2
  • 28
    • 0036093872 scopus 로고    scopus 로고
    • Spatial price competition: A semiparametric approach
    • Pinkse J, Slade ME, Brett C (2002) Spatial price competition: A semiparametric approach. Econometrica 70(3):1111-1153.
    • (2002) Econometrica , vol.70 , Issue.3 , pp. 1111-1153
    • Pinkse, J.1    Slade, M.E.2    Brett, C.3
  • 30
    • 84961827814 scopus 로고    scopus 로고
    • Cultivating disaster donors using data analytics
    • Ryzhov IO, Han B, Bradic J (2015) Cultivating disaster donors using data analytics. Management Sci. 62(3):849-866.
    • (2015) Management Sci. , vol.62 , Issue.3 , pp. 849-866
    • Ryzhov, I.O.1    Han, B.2    Bradic, J.3
  • 31
    • 0001549798 scopus 로고
    • Monopolistic competition with outside goods
    • Salop S (1979) Monopolistic competition with outside goods. Bell J. Econom. 10(1):141-156.
    • (1979) Bell J. Econom. , vol.10 , Issue.1 , pp. 141-156
    • Salop, S.1
  • 33
    • 85041376379 scopus 로고    scopus 로고
    • Multiattribute loss aversion and reference dependence: Evidence from the performing arts industry
    • Tereyagoglu N, Fader PS, Veeraraghavan SK (2018) Multiattribute loss aversion and reference dependence: Evidence from the performing arts industry. Management Sci. 64(1):421-436.
    • (2018) Management Sci. , vol.64 , Issue.1 , pp. 421-436
    • Tereyagoglu, N.1    Fader, P.S.2    Veeraraghavan, S.K.3
  • 34
    • 43549116852 scopus 로고    scopus 로고
    • Two-stage residual inclusion estimation: Addressing endogeneity in health econometric modeling
    • Terza JV, Basu A, Rathouz PJ (2008) Two-stage residual inclusion estimation: Addressing endogeneity in health econometric modeling. J. Health Econom. 27(3):531-543.
    • (2008) J. Health Econom. , vol.27 , Issue.3 , pp. 531-543
    • Terza, J.V.1    Basu, A.2    Rathouz, P.J.3
  • 35
    • 85194972808 scopus 로고    scopus 로고
    • Regression shrinkage and selection via the lasso
    • Tibshirani R (1996) Regression shrinkage and selection via the lasso. J. Roy. Statist. Soc. 58(1):267-288.
    • (1996) J. Roy. Statist. Soc. , vol.58 , Issue.1 , pp. 267-288
    • Tibshirani, R.1
  • 37
    • 77954629186 scopus 로고    scopus 로고
    • Choice-based revenue management: An empirical study of estimation and optimization
    • Vulcano G, van Ryzin G, Chaar W (2010) Choice-based revenue management: An empirical study of estimation and optimization. Manufacturing Service Oper. Management 12(3):371-392.
    • (2010) Manufacturing Service Oper. Management , vol.12 , Issue.3 , pp. 371-392
    • Vulcano, G.1    Van Ryzin, G.2    Chaar, W.3
  • 38
    • 34548536572 scopus 로고    scopus 로고
    • Tuning parameter selector for the smoothly clipped absolute deviation method
    • Wang H, Li R, Tsai C (2007) Tuning parameter selector for the smoothly clipped absolute deviation method. Biometrika 94(3):553-568.
    • (2007) Biometrika , vol.94 , Issue.3 , pp. 553-568
    • Wang, H.1    Li, R.2    Tsai, C.3
  • 40
    • 33846114377 scopus 로고    scopus 로고
    • The adaptive lasso and its oracle properties
    • Zou H (2006) The adaptive lasso and its oracle properties. J. Amer. Statist. Assoc. 101(476):1418-1429.
    • (2006) J. Amer. Statist. Assoc. , vol.101 , Issue.476 , pp. 1418-1429
    • Zou, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.