The Theory and Practice of Revenue Management
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The high-level structure of the markdown optimization system developed with Zara matches fairly closely that of a typical Revenue Management solution as described in Chapter 1 of Talluri and van Ryzin (2004).
“The high-level structure of the markdown optimization system we developed with Zara to improve the clearance pricing process just described matches fairly closely that of a typical Revenue Management solution as described in Chapter 1 of Talluri and van Ryzin (2004).”
From Clearance Pricing Optimization for a Fast-Fashion Retailer (2012) · cites this paper as Talluri and van Ryzin 2004
Many commercial applications of dynamic-pricing models make the simplifying assumption of unrelated products and independent demand and solve a collection of single-product models as an approximation.
“as stated in Talluri and van Ryzin (2004), '[...] many commercial applications of dynamic-pricing models make the simplifying assumption of unrelated products and independent demand and solve a collection of single-product models as an approximation.'”
From Clearance Pricing Optimization for a Fast-Fashion Retailer (2012) · cites this paper as Talluri and van Ryzin 2004
A natural approach to model clearance pricing is dynamic programming.
“A natural approach to model clearance pricing is dynamic programming (DP) (Talluri and van Ryzin 2004).”
From Clearance Pricing Optimization for a Fast-Fashion Retailer (2012) · cites this paper as Talluri and van Ryzin 2004
Highly-rated hotels are perceived to be less fair.
“consistent with [78] and [99], i.e. highly-rated hotels are perceived to be less fair.”
From Consumer perception of price fairness and dynamic pricing: Evidence from Booking.com (2022) · cites this paper as [99]
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- Authors
- Talluri, K. T., & Van Ryzin, G. J.
- ORCID
- Talluri, Kalyan T.
- Venue
- International Series in Operations Research & Management Science
- Publisher
- Springer US
- Published
- 2004
- ISSN
- 0884-8289 (ISSN-L)
- 2214-7934
- OpenAlex
- W74203006
- Cited by
- 2,243
- References
- 0
- Citations by year
- 2026: 71 · 2025: 72 · 2024: 51 · 2023: 64 · 2022: 85 · 2021: 93 · 2020: 91 · 2019: 116 · 2018: 115 · 2017: 100 · 2016: 122 · 2015: 143 · 2014: 156 · 2013: 133 · 2012: 125
- FWCI
- 59.57
- Type
- book
- Language
- en
- Open access
- closed
- Licence
- www.springer.com/tdm (tdm)
- Locations
- International series in management science/operations research/International series in operations research & management science (publishedVersion)
- Digital Access to Libraries (Université catholique de Louvain (UCL), l'Université de Namur (UNamur) and the Université Saint-Louis (USL-B)) (submittedVersion)
- Funders
- Northwestern University
- Strong
- Universitat Pompeu Fabra
- Topics
- Social Sciences › Business, Management and Accounting › Management Information Systems › Supply Chain and Inventory Management
- Social Sciences › Business, Management and Accounting › Marketing › Consumer Market Behavior and Pricing
- Social Sciences › Business, Management and Accounting › Strategy and Management › Management and Optimization Techniques
- Keywords
- revenue management, pricing, capacity management, demand management, airline pricing, hotel pricing, inventory management
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