AssetPricing: Optimal pricing of assets with fixed expiry date.
Version 1.0-0

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 publication2014-06-13 06:17:11
MaintainerRolf Turner <[email protected]>
LicenseGPL (>= 2)
Version1.0-0
URL http://www.stat.auckland.ac.nz/~rolf/
Package repositoryView on CRAN
Installation Install the latest version of this package by entering the following in R:
install.packages("AssetPricing")

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AssetPricing documentation built on May 29, 2017, 12:05 p.m.