OPTIMAL AND INCENTIVE COMPATIBLE PRICING
FOR HETEROGENEOUS PERIODS
Jian CHEN;Nan ZHANG;Shuo HUANG
【期刊名称】《系统科学与系统工程学报（英文版）》 【年(卷),期】2008(017)001
【摘要】This paper studies a service firm whose business time can be divided into several periods,each providing different value to customers.Heterogeneous service is a major reason resulting in imbalances between supply and demand.Since customers differ in their degree of impatience,firms Can use differential pricing mechanisms to optimize their objectives and match supply with demand in each period,by inducing customers to choose different periods.We study two types of firms,an internal firm,the objective of which is to maximize the system's(including the firm and all the customers)total net value,and a commercial firm,which aims to optimize its own profit.Though impatience factors are customers'private information,for each type of firm,we derive the optimal incentive compatible pricing policy,under which all the coming customers will follow the firm's assignment,that is,patient customers will buy the service in high-value periods,but their waiting time will be longer,while impatient customers will enter into the low-value periods,but they will be compensated by shorter waiting times.Furthermore,in the internal firm,we also prove that this
mechanism enables the decentralization of decisions,while maintaining centralized system-wide optimality.Numerical analysis shows that when there is sufficient capacity,the internal firm does not always need to set lower prices than the commercial firm in every period. 【总页数】16页(50-65)
【关键词】Delay cost,queuing,differential pricing,information asymmetry,incentive compatibility
【作者】Jian CHEN;Nan ZHANG;Shuo HUANG
【作者单位】Research Center for Contemporary Management,Key Research
Institute
of of
Humanities Economics
and and
Social
Sciences
at
Universities,School Management,Tsinghua
University,Beijing,100084,China;Research Center for Contemporary Management,Key Research Institute of Humanities and Social Sciences at Universities,School of Economics and Management,Tsinghua University,Beijing,100084,China;Research Center for Contemporary Management,Key Research Institute of Humanities and Social Sciences at Universities,School of Economics and Management,Tsinghua University,Beijing,100084,China 【正文语种】中文 【中图分类】N94 【文献来源】
https://www.zhangqiaokeyan.com/academic-journal-cn_journal-
systems-science-engineering_thesis/020121339748.html 【相关文献】
1.An Analysis of China’s Overall Price Level Movement and Macro-control since the Reform and Opening-up Period [J], 王双正; 李英
2.The Changes in World Oil Prices, Monetary Factors, and Foreign Index Toward Composite Index Movement： Indonesian Case for the Period of 2005-2011 [J], Darmawan Achmad; Ishak Ramli
3.CONSUMER PRICE INDEX IN 20 MAJOR CITIES 01-09,2005（same period last year=100） [J],
4.Currency Issues and Financial Crises: The Excessive Issuance of Banknotes and Price Fluctuations during the \Policies\Period in the Late Qing [J], Bo Chen
5.Problems Confronting China＇s Petroleum Refining Industry During the High Oil Price Period and Suggestions [J], Liu; Lingli; Lǘ; Jiahuan
以上内容为文献基本信息，获取文献全文请下载
OPTIMAL AND INCENTIVE COMPATIBLE PRICING FOR HETEROGENEOUS PERIODS
