Calculates the optimal price of assets (such as airline flight seats, hotel room bookings) whose value becomes zero after a fixed “expiry date”. Assumes potential customers arrive (possibly in groups) according to a known inhomogeneous Poisson process. Also assumes a known time-varying elasticity of demand (price sensitivity) function. Uses elementary techniques based on ordinary differential equations. Uses the package deSolve to effect the solution of these differential equations.

Version: | 1.0-0 |

Depends: | R (≥ 0.99) |

Imports: | polynom, deSolve |

Published: | 2014-06-13 |

Author: | Rolf Turner |

Maintainer: | Rolf Turner <r.turner at auckland.ac.nz> |

BugReports: | NA |

License: | GPL-2 | GPL-3 [expanded from: GPL (≥ 2)] |

URL: | http://www.stat.auckland.ac.nz/~rolf/ |

NeedsCompilation: | no |

Citation: | AssetPricing citation info |

Materials: | ChangeLog |

CRAN checks: | AssetPricing results |

Reference manual: | AssetPricing.pdf |

Package source: | AssetPricing_1.0-0.tar.gz |

Windows binaries: | r-devel: AssetPricing_1.0-0.zip, r-release: AssetPricing_1.0-0.zip, r-oldrel: AssetPricing_1.0-0.zip |

OS X Mavericks binaries: | r-release: AssetPricing_1.0-0.tgz, r-oldrel: AssetPricing_1.0-0.tgz |

Old sources: | AssetPricing archive |