AssetPricing: Optimal pricing of assets with fixed expiry date

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>
License: GPL-2 | GPL-3 [expanded from: GPL (≥ 2)]
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:, r-release:, r-oldrel:
OS X Snow Leopard binaries: r-release: AssetPricing_1.0-0.tgz, r-oldrel: AssetPricing_1.0-0.tgz
OS X Mavericks binaries: r-release: AssetPricing_1.0-0.tgz
Old sources: AssetPricing archive