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Optimal bundle pricing with monotonicity constraint

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Author Info

  • Grigoriev, A.

    (Maastricht University)

  • Loon, J. van
  • Sviridenko, M.
  • Uetz, M.

    (Maastricht University)

  • Vredeveld, T.

    (Maastricht University)

Abstract

We consider the problem to price (digital) items in order to maximize the revenue obtainable from a set of bidders. We suggest a natural monotonicity constraint on bundle prices, show that the problem remains NP-hard, and we derive a PTAS. We also discuss a special case, the highway pricing problem.

(This abstract was borrowed from another version of this item.)

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Bibliographic Info

Paper provided by Maastricht University in its series Open Access publications from Maastricht University with number urn:nbn:nl:ui:27-23080.

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Date of creation: 2008
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Publication status: Published in Operations research letters (2008) v.36, p.609-614
Handle: RePEc:ner:maastr:urn:nbn:nl:ui:27-23080

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Web page: http://www.maastrichtuniversity.nl/web/Home.htm

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  1. Grigoriev Alexander & Loon, Joyce van & Sitters, René & Uetz, Marc, 2006. "How to Sell a Graph: Guidelines for Graph Retailers," Research Memoranda 001, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
  2. Grigoriev, Alexander & Loon, Joyce van & Sviridenko, Maxim & Uetz, Marc & Vredeveld, Tjark, 2008. "Optimal Bundle Pricing with Monotonicity Constraint," Research Memoranda 015, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
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Cited by:
  1. Grigoriev, Alexander & Loon, Joyce van & Sviridenko, Maxim & Uetz, Marc & Vredeveld, Tjark, 2008. "Optimal Bundle Pricing with Monotonicity Constraint," Research Memoranda 015, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
  2. Grigoriev Alexander & Hiller Benjamin & Marbán Sebastián & Vredeveld Tjark & Zwaan Ruben van der, 2010. "Dynamic Pricing Problems with Elastic Demand," Research Memoranda 053, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.

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