- optimal price strategy
- "金山词霸2003法学大词典":
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English-Chinese law dictionary (法律英汉双解大词典). 2013.
optimal price strategy
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Price discrimination — or price differentiation[1] exists when sales of identical goods or services are transacted at different prices from the same provider.[2] In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… … Wikipedia
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Optimal control — theory, an extension of the calculus of variations, is a mathematical optimization method for deriving control policies. The method is largely due to the work of Lev Pontryagin and his collaborators in the Soviet Union[1] and Richard Bellman in… … Wikipedia
Price of anarchy — The price of anarchy is a concept from game theory that describes the difference in maximum social utility and the utility of an equilibrium point of the game.DefinitionGiven a game G=(N,A,u), it is natural to consider the social welfare , i.e.… … Wikipedia
Price Stickiness — The resistance of a price (or set of prices) to change, despite changes in the broad economy that suggest a different price is optimal. Sticky is a general economics term that can apply to any financial variable that is resistant to change. When… … Investment dictionary
game theory — a mathematical theory that deals with strategies for maximizing gains and minimizing losses within prescribed constraints, as the rules of a card game: widely applied in the solution of various decision making problems, as those of military… … Universalium
Mechanism design — The Stanley Reiter diagram above illustrates a game of mechanism design. The upper left space Θ depicts the type space and the upper right space X the space of outcomes. The social choice function f(θ) maps a type profile to an outcome. In games… … Wikipedia
Congestion pricing — Typical traffic congestion in an urban freeway. Shown here I 80 Eastshore Freeway, Berkeley, United States … Wikipedia
War of attrition (game) — In game theory, the war of attrition is a model of aggression in which two contestants compete for a resource of value V by persisting while constantly accumulating costs over the time t that the contest lasts. The model was originally formulated … Wikipedia
Bertrand competition — is a model of competition used in economics, named after Joseph Louis François Bertrand (1822 1900). Specifically, it is a model of price competition between duopoly firms which results in each charging the price that would be charged under… … Wikipedia
Stock market index — A stock market index is a method of measuring a section of the stock market. Many indices are compiled by news or financial services firms and are used to benchmark the performance of portfolios such as mutual funds. Types of indices Stock market … Wikipedia
