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: 1.0-1
Depends: R (≥ 0.99)
Imports: polynom, deSolve
Published: 2018-04-01
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_1.0-1.tar.gz
Windows binaries: r-prerel:, r-release:, r-oldrel:
OS X binaries: r-prerel: AssetPricing_1.0-1.tgz, r-release: AssetPricing_1.0-1.tgz
Old sources: AssetPricing archive


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