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: 0.1-3
Depends: R (≥ 0.99)
Imports: polynom, deSolve
Published: 2014-03-05
Author: Rolf Turner
Maintainer: Rolf Turner <r.turner at auckland.ac.nz>
License: GPL-2 | GPL-3 [expanded from: GPL (≥ 2)]
URL: http://www.stat.auckland.ac.nz/~rolf/
NeedsCompilation: no
Materials: ChangeLog
CRAN checks: AssetPricing results

Downloads:

Reference manual: AssetPricing.pdf
Package source: AssetPricing_0.1-3.tar.gz
OS X binary: AssetPricing_0.1-3.tgz
Windows binary: AssetPricing_0.1-3.zip
Old sources: AssetPricing archive