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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: | 1.0-3 |
Depends: | R (≥ 0.99) |
Imports: | polynom, deSolve |
Published: | 2021-10-07 |
DOI: | 10.32614/CRAN.package.AssetPricing |
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_1.0-3.tar.gz |
Windows binaries: | r-devel: AssetPricing_1.0-3.zip, r-release: AssetPricing_1.0-3.zip, r-oldrel: AssetPricing_1.0-3.zip |
macOS binaries: | r-release (arm64): AssetPricing_1.0-3.tgz, r-oldrel (arm64): AssetPricing_1.0-3.tgz, r-release (x86_64): AssetPricing_1.0-3.tgz, r-oldrel (x86_64): AssetPricing_1.0-3.tgz |
Old sources: | AssetPricing archive |
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