AssetPricing: Optimal Pricing of Assets with Fixed Expiry Date
Version 1.0-1

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.

Getting started

Package details

AuthorRolf Turner <[email protected]>
Date of publication2018-04-01 03:05:35 UTC
MaintainerRolf Turner <[email protected]>
LicenseGPL (>= 2)
Package repositoryView on CRAN
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AssetPricing documentation built on April 1, 2018, 12:08 p.m.