Optimal production and pricing strategies in a dynamic model of monopolistic firm

We consider a deterministic continuous time model of monopolistic firm, which chooses production and pricing strategies of a single good. Firm's goal is to maximize the discounted profit over infinite time horizon. The no-backlogging assumption induces the state constraint on the inventory leve...

Ausführliche Beschreibung

Bibliographische Detailangaben

Hauptverfasser:	Rokhlin, Dmitry B, Mironenko, Georgii
Format:	Artikel
Sprache:	eng
Schlagworte:	Mathematics - Optimization and Control
Online-Zugang:	Volltext bestellen
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!