A hybrid approach to the solution of a pricing model with continuous demand segmentation

Price optimization fits naturally the framework of bilevel programming, where a leader integrates within its decision process the reaction of rational customers. This paper addresses the situation where the users of a transportation network minimize a weighted sum of travel delay and out-of-pocket c...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Patrice Marcotte, Gilles Savard, Alexandre Schoeb
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2013
Materias:	90B10 90C26 91A65 91B69 Applied mathematics. Quantitative methods T57-57.97 Electronic computers. Computer science QA75.5-76.95
Acceso en línea:	https://doaj.org/article/decece5344a146ee945df0deccae8ebd
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:decece5344a146ee945df0deccae8ebd
record_format	dspace
spelling	oai:doaj.org-article:decece5344a146ee945df0deccae8ebd2021-12-02T05:00:35ZA hybrid approach to the solution of a pricing model with continuous demand segmentation2192-440610.1007/s13675-012-0005-5https://doaj.org/article/decece5344a146ee945df0deccae8ebd2013-05-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2192440621000149https://doaj.org/toc/2192-4406Price optimization fits naturally the framework of bilevel programming, where a leader integrates within its decision process the reaction of rational customers. This paper addresses the situation where the users of a transportation network minimize a weighted sum of travel delay and out-of-pocket cost, each user having its own monetary valuation of travel delay. The resulting infinite-dimensional problem is solved by a hybrid algorithm that alternates between global (combinatorial) and local (descent) phases, and achieves near-optimal solutions under reasonable assumptions.Patrice MarcotteGilles SavardAlexandre SchoebElsevierarticle90B1090C2691A6591B69Applied mathematics. Quantitative methodsT57-57.97Electronic computers. Computer scienceQA75.5-76.95ENEURO Journal on Computational Optimization, Vol 1, Iss 1, Pp 117-142 (2013)
institution	DOAJ
collection	DOAJ
language	EN
topic	90B10 90C26 91A65 91B69 Applied mathematics. Quantitative methods T57-57.97 Electronic computers. Computer science QA75.5-76.95
spellingShingle	90B10 90C26 91A65 91B69 Applied mathematics. Quantitative methods T57-57.97 Electronic computers. Computer science QA75.5-76.95 Patrice Marcotte Gilles Savard Alexandre Schoeb A hybrid approach to the solution of a pricing model with continuous demand segmentation
description	Price optimization fits naturally the framework of bilevel programming, where a leader integrates within its decision process the reaction of rational customers. This paper addresses the situation where the users of a transportation network minimize a weighted sum of travel delay and out-of-pocket cost, each user having its own monetary valuation of travel delay. The resulting infinite-dimensional problem is solved by a hybrid algorithm that alternates between global (combinatorial) and local (descent) phases, and achieves near-optimal solutions under reasonable assumptions.
format	article
author	Patrice Marcotte Gilles Savard Alexandre Schoeb
author_facet	Patrice Marcotte Gilles Savard Alexandre Schoeb
author_sort	Patrice Marcotte
title	A hybrid approach to the solution of a pricing model with continuous demand segmentation
title_short	A hybrid approach to the solution of a pricing model with continuous demand segmentation
title_full	A hybrid approach to the solution of a pricing model with continuous demand segmentation
title_fullStr	A hybrid approach to the solution of a pricing model with continuous demand segmentation
title_full_unstemmed	A hybrid approach to the solution of a pricing model with continuous demand segmentation
title_sort	hybrid approach to the solution of a pricing model with continuous demand segmentation
publisher	Elsevier
publishDate	2013
url	https://doaj.org/article/decece5344a146ee945df0deccae8ebd
work_keys_str_mv	AT patricemarcotte ahybridapproachtothesolutionofapricingmodelwithcontinuousdemandsegmentation AT gillessavard ahybridapproachtothesolutionofapricingmodelwithcontinuousdemandsegmentation AT alexandreschoeb ahybridapproachtothesolutionofapricingmodelwithcontinuousdemandsegmentation AT patricemarcotte hybridapproachtothesolutionofapricingmodelwithcontinuousdemandsegmentation AT gillessavard hybridapproachtothesolutionofapricingmodelwithcontinuousdemandsegmentation AT alexandreschoeb hybridapproachtothesolutionofapricingmodelwithcontinuousdemandsegmentation
_version_	1718400860232351744

A hybrid approach to the solution of a pricing model with continuous demand segmentation

Ejemplares similares