Pricing and Revenue Optimization

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  • Pricing and Revenue Optimization Book Detail

  • Author : Robert Phillips
  • Release Date : 2005-08-05
  • Publisher : Stanford University Press
  • Genre : Business & Economics
  • Pages : 470
  • ISBN 13 : 0804781648
  • File Size : 57,57 MB

Pricing and Revenue Optimization by Robert Phillips PDF Summary

Book Description: This is the first comprehensive introduction to the concepts, theories, and applications of pricing and revenue optimization. From the initial success of "yield management" in the commercial airline industry down to more recent successes of markdown management and dynamic pricing, the application of mathematical analysis to optimize pricing has become increasingly important across many different industries. But, since pricing and revenue optimization has involved the use of sophisticated mathematical techniques, the topic has remained largely inaccessible to students and the typical manager. With methods proven in the MBA courses taught by the author at Columbia and Stanford Business Schools, this book presents the basic concepts of pricing and revenue optimization in a form accessible to MBA students, MS students, and advanced undergraduates. In addition, managers will find the practical approach to the issue of pricing and revenue optimization invaluable. Solutions to the end-of-chapter exercises are available to instructors who are using this book in their courses. For access to the solutions manual, please contact [email protected].

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