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.
|Depends:||R (≥ 0.99)|
|Maintainer:||Rolf Turner <r.turner at auckland.ac.nz>|
|License:||GPL-2 | GPL-3 [expanded from: GPL (≥ 2)]|
|Citation:||AssetPricing citation info|
|CRAN checks:||AssetPricing results|
|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|
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