Dynamic Pricing in the Airline Industry R. Preston McAfee and Vera te Velde California Institute of Technology Abstract: Dynamic price discrimination adjusts prices based on the option value of future sales‚ which varies with time and units available. This paper surveys the theoretical literature on dynamic price discrimination‚ and confronts the theories with new data from airline pricing behavior. Correspondence to: R. Preston McAfee‚ 100 Baxter Hall‚ California Institute of Technology‚
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HRMEMGT Paris Tour with Switzerland Tour Package 8 Nights / 9 Days Swiss Paris tour package at INR 1‚25‚000 per person with Return airfare and taxes from Mumbai Destinations Covered: Lucerne - Paris - Geneva – Interlaken Rates and Dates (Rates are on Per Person) |Departure City |Price Per Person | |Mumbai |INR
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Pricing Strategy and Channel Distribution Senior Concierge Services Kelly Spino Strayer University Dr. Robert Badowski Abstract Determine and discuss a pricing strategy (penetration or skimming). Determine and discuss pricing tactics (product line pricing‚ value pricing‚ differential pricing‚ or competing against private brands) to be used for your product. Identify any legal and ethical issues related to the pricing tactics. Prepare a marketing distribution channel analysis identifying
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Research 19 (2008) 287–300 Management control systems as a package—Opportunities‚ challenges and research directions Teemu Malmi a‚∗ ‚ David A. Brown b a Department of Accounting & Finance‚ Helsinki School of Economics‚ Finland b School of Accounting‚ University of Technology‚ Sydney‚ Australia Abstract There has been very little explicit theoretical and empirical research on the concept of management control systems (MCS) as a package despite the existence of the idea in management accounting
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Case – Glitzz: Devising a Pricing Strategy What factors influence the pricing decisions for a product such as Glitzz? Analyze these factors and comment on the range of prices that can be set for Glitzz Q1. Factors influencing the pricing decisions for Glitzz include the firm’s objectives‚ customer factors‚ and competitive factors. Constraints such as costs also play an important role in influencing pricing decision. Together‚ they narrow the range of price reasonable for Glitzz. The target
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1. Analysis and investment recommendation According to Frino et al (2013)‚ both Mean-Variance and CAPM are based on the assumptions that returns are normally distributed. However‚ both of the two approaches are unstable and untenable to some extent then they also followed with many critiques and queries from the publicity. Here are some rational and underlying assumptions as follows. 2.1 Rationale and underlying assumptions of MV and CAPM approaches The total risk with a security has
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London (Stansted) route is its largest route in terms of passenger volume‚ with fares ranging from [pic]0.99 to [pic]199.99 (excluding government taxes and passenger service charges). Ryanair’s competitors generally do not operate a one-way pricing policy‚ so direct comparison is not possible‚ but current round-trip fares on Aer Lingus‚ Ryanair’s largest competitor on the LondonDublin route‚ for travel in September 2004 were [pic]82.27 for economy restricted return tickets‚ [pic]218.27
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Luithly 1 May 2015 Pricing and Revenue Management Implementation of Pricing and Revenue Optimization Introduction Perhaps one of the most difficult managerial decisions in the 21st century is the decision to make a decision. Analysis paralysis‚ endless meetings‚ and corporate structure have made it painstakingly difficult to come to any real conclusions. So when the Chief Financial Officer‚ Bruce Berman‚ of Bloomindale’s was tasked with decision to implement ProfitLogic’s Pricing Optimization (PO)
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Product‚ Pricing‚ and Channels Paper Todd Allen‚ Kevin Castro‚ Brisa‚ Gonzales‚ Saya Narvaza‚ Robert Thorson‚ and Slavica Vuckovic MKT / 421 February 18‚ 2015 Kenneth Peter Product‚ Pricing‚ and Channels Paper A detailed description of the features of your product or service including how it solves the needs of your target market: The Apple Watch II features a sapphire crystal screen‚ increased water resistance‚ and kinetic battery technology. The use of a sapphire crystal screen isn’t considered
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1. Both the capital asset pricing model and the arbitrage pricing theory rely on the proposition that a no-risk‚ no-wealth investment should earn‚ on average‚ no return. Explain why this should be the case‚ being sure to describe briefly the similarities and differences between CAPM and APT. Also‚ using either of these theories‚ explain how superior investment performance can be establish. Answer: Both the Capital Asset Pricing Model and the Arbitrage Pricing Model rest on the assumption that
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