Real-time congestion pricing strategies for toll facilities

2015 ◽  
Vol 71 ◽  
pp. 19-31 ◽  
Author(s):  
Jorge A. Laval ◽  
Hyun W. Cho ◽  
Juan C. Muñoz ◽  
Yafeng Yin
Keyword(s):  
Real Time ◽  
Congestion Pricing ◽  
Pricing Strategies

Dynamics in Developing Pricing Strategies

2012 ◽  
pp. 118-142
Keyword(s):  
Decision Making ◽  
Real Time ◽  
Systems Thinking ◽  
Supply And Demand ◽  
Pricing Strategy ◽  
Pricing Strategies ◽  
Consumer Decision Making ◽  
Business Markets ◽  
Product Pricing ◽  
Responsive Element

The most responsive element in the marketing functions is considered to be the pricing, which drives consumer decision making. Prices respond to supply and demand pressures in real time or near-real time. In this chapter, how systems thinking can be applied to develop right pricing strategy is discussed. Product pricing and tactical moves that help stabilizing the business and build its performance in the future among competitors have also been emphasized in the chapter. Also examined in the chapter is how many companies serving business markets believe that practicing value-based pricing is changing. The benefits of value based pricing approach are revealed in improved relations with customers that often lead to longer-term, more profitable relationships. It is argued here that pricing is a creative exercise, and companies should stay focused on profits. Further discussion provides guidelines for creating effective base prices using systems thinking approaches and enhancing profitability of firms.

scholarly journals Dynamic Pricing Recognition on E-Commerce Platforms with VAR Processes

Forecasting ◽  
2021 ◽  
Vol 3 (1) ◽  
pp. 166-180
Author(s):  
Alexander Faehnle ◽  
Mariangela Guidolin
Keyword(s):  
Real Time ◽  
Dynamic Pricing ◽  
Price Competition ◽  
Pricing Strategies ◽  
Vector Autoregressive ◽  
Italian Market ◽  
Proposed Model ◽  
Price Trends ◽  
Vector Autoregressive Processes ◽  
Time Price

In an environment such as e-commerce, characterized by the presence of numerous agents, competition based on product characteristics is a very important aspect. This paper proposes a model based on vector autoregressive processes (VAR) and Lasso penalization to detect and examine the dynamics that govern real-time price competition in electronic marketplaces. Employing this model, an empirical study was performed on the price trends of smartphone models on the major electronic sales platforms of the Italian market. The proposed model detects real-time price variations in single vendors, based on the variations of their direct competitors. The statistical method adopted in this analysis may be useful for e-commerce companies that conduct market analyses of competitors’ pricing strategies.

scholarly journals Implementing Congestion Pricing on Metropolitan Highway Networks with Self-Financing Public-Private Partnerships

2010 ◽  
Author(s):  
Patrick DeCorla-Souza
Keyword(s):  
Congestion Pricing ◽  
Pricing Strategies ◽  
Private Partnership ◽  
Transportation Services ◽  
Highway Networks ◽  
Partnership Model ◽  
Self Sufficiency ◽  
New Public ◽  
Highway Network ◽  
Facility Level

This paper presents a new public-private partnership model for road pricing applications either at the facility level or on a region-wide highway network. The model addresses issues of monopoly power and efficiency of delivery of transportation services. The paper also addresses issues relating to financial self-sufficiency of integrated multimodal pricing strategies and assesses the financial self-sufficiency of an ambitious region-wide pricing concept that integrates multimodal mobility choices.

Some Recent Results in Quiescent Prominence Spectrometry

1979 ◽  
Vol 44 ◽  
pp. 41-47
Author(s):  
Donald A. Landman
Keyword(s):  
Real Time ◽  
Computer System ◽  
Spectral Response ◽  
Absolute Intensity ◽  
Solar Observatory ◽  
Target Size ◽  
Small Target ◽  
Signal Averaging ◽  
Quiescent Prominence

This paper describes some recent results of our quiescent prominence spectrometry program at the Mees Solar Observatory on Haleakala. The observations were made with the 25 cm coronagraph/coudé spectrograph system using a silicon vidicon detector. This detector consists of 500 contiguous channels covering approximately 6 or 80 Å, depending on the grating used. The instrument is interfaced to the Observatory’s PDP 11/45 computer system, and has the important advantages of wide spectral response, linearity and signal-averaging with real-time display. Its principal drawback is the relatively small target size. For the present work, the aperture was about 3″ × 5″. Absolute intensity calibrations were made by measuring quiet regions near sun center.

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