Optimal bundle pricing with monotonicity constraint

Grigoriev, A. and Loon van, J. and Sviridenko, M. and Uetz, M. and Vredeveld, T. (2008) Optimal bundle pricing with monotonicity constraint. Operations Research Letters, 36 (5). pp. 609-614. ISSN 0167-6377

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Abstract:	We consider the problem of pricing (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 briefly discuss the highway pricing problem.
Item Type:	Article
Copyright:	© 2008 Elsevier
Faculty:	Electrical Engineering, Mathematics and Computer Science (EEMCS)
Research Group:	Discrete Mathematics and Mathematical Programming (DMMP)
Link to this item:	http://purl.utwente.nl/publications/62445
Official URL:	http://dx.doi.org/10.1016/j.orl.2008.04.008
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