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A Dynamic Pricing Model for a Maritime Transportation Service Provider

dc.contributor.authorUgurlu, Seda Yanik
dc.contributor.authorCosgun, Özlem
dc.contributor.authorEkinci, Yeliz
dc.contributor.ituauthorYanık, Özbay Seda
dc.date.accessioned2026-01-26T02:24:15Z
dc.date.issued2012-01-01
dc.description.abstractIn this study, the dynamic pricing optimization problem faced by the maritime transportation service provider company is considered. The aim is to find optimal prices for each journey for each level of unsold seats by using probabilistic dynamic programming. Conjoint analysis is used to identify the consumer behavior in case of price changes to the current product, namely journey. The optimal policies show the necessity of applying dynamic pricing policy instead of fixed pricing and the diversification of optimal policies under different conditions.
dc.description.urihttps://doi.org/10.1080/18756891.2012.747664
dc.description.urihttps://download.atlantis-press.com/article/25868039.pdf
dc.description.urihttps://doaj.org/article/9069dca6daf2476b96d1e8c6c2f30ae2
dc.description.urihttps://dx.doi.org/10.1080/18756891.2012.747664
dc.description.urihttps://hdl.handle.net/11376/1408
dc.identifier.doi10.1080/18756891.2012.747664
dc.identifier.eissn1875-6883
dc.identifier.openairedoi_dedup___::c5392df8950ed60e03081596c192b010
dc.identifier.orcid0000-0001-6260-7981
dc.identifier.startpage1109
dc.identifier.urihttps://hdl.handle.net/11527/57360
dc.identifier.volume5
dc.language.isoeng
dc.publisherSpringer Science and Business Media LLC
dc.relation.ispartofInternational Journal of Computational Intelligence Systems
dc.rightsOPEN
dc.sdg.typeGoal 9: Industry, Innovation and Infrastructure
dc.sdg.typeGoal 11: Sustainable Cities and Communities
dc.subjectPrices
dc.subjectDynamic pricing
dc.subjectmaritime transportation
dc.subjectDynamic Pricing
dc.subjectQA75.5-76.95
dc.subjectMaritime Transportation
dc.subjectStochastic Demand
dc.subjectMultinomial Logit Model
dc.subjectElectronic computers. Computer science
dc.subjectconjoint analysis
dc.subjectConjoint Analysis
dc.subjectRevenue Management
dc.subjectSet
dc.subjectmultinomial logit model
dc.titleA Dynamic Pricing Model for a Maritime Transportation Service Provider
dc.typeArticle
dspace.entity.typePublication
person.identifier.orcid0000-0001-6260-7981

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