基数捆绑与斯彭斯-米尔里斯保留价格

Cardinality Bundling with Spence–Mirrlees Reservation Prices

Management Science · 2018
被引 17
人大 A+FT50UTD24ABS 4*

中文导读

研究了企业仅根据购买数量定价的基数捆绑问题,修正了先前方法,提出了快速组合优化算法,并扩展到数量折扣问题,解决了全局最优定价的难题。

Abstract

We study the pricing of cardinality bundles, where firms set prices that depend only on the size of the purchased bundle, a practice that is increasingly being adopted by industry. The model we study, where consumer choices are discrete, was originally proposed by Hitt and Chen [Hitt L, Chen P (2005) Bundling with customer self-selection: A simple approach to bundling low-marginal-cost goods. Management Sci. 51(10):1481–1493], and it requires that consumers’ preferences obey the Spence–Mirrlees single-crossing property. We correct prior approaches and develop various structural and managerial insights. We develop a fast combinatorial technique to obtain the optimal prices. We extend our analysis to address a quantity discount problem originally proposed in Spence [Spence M (1980) Multi-product quantity-dependent prices and profitability constraints. Rev. Econom. Stud. 47(5):821–841]. We provide examples that demonstrate that the proposed approach of Spence (1980) only identifies local optima without providing guidance on selecting the globally optimal pricing function. Our insights from the discrete model are extended to this context to develop a scheme that provides solutions within an arbitrary prespecified tolerance. Consequently, we also solve the continuous version of the cardinality bundling problem. This paper was accepted by Chris Forman, information systems.

基数捆绑最优定价数量折扣