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 auckland.ac.nz> |
| License: | GPL-2 | GPL-3 [expanded from: GPL (≥ 2)] |
| URL: | http://www.stat.auckland.ac.nz/~rolf/ |
| 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-devel: AssetPricing_1.0-1.zip, r-release: AssetPricing_1.0-1.zip, r-oldrel: AssetPricing_1.0-1.zip |
| macOS binaries: | r-release: AssetPricing_1.0-1.tgz, r-oldrel: AssetPricing_1.0-1.tgz |
| Old sources: | AssetPricing archive |
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