AssetPricing

Optimal Pricing of Assets with Fixed Expiry Date

CRAN Package

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.


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Insights

Last 30 days

This package has been downloaded 373 times in the last 30 days. More than a random curiosity, but not quite a blockbuster. Still, it's gaining traction! The following heatmap shows the distribution of downloads per day. Yesterday, it was downloaded 7 times.

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0 downloadsMar 2, 2025
0 downloadsMar 3, 2025
23 downloadsMar 4, 2025
33 downloadsMar 5, 2025
4 downloadsMar 6, 2025
10 downloadsMar 7, 2025
10 downloadsMar 8, 2025
6 downloadsMar 9, 2025
15 downloadsMar 10, 2025
10 downloadsMar 11, 2025
7 downloadsMar 12, 2025
12 downloadsMar 13, 2025
9 downloadsMar 14, 2025
21 downloadsMar 15, 2025
9 downloadsMar 16, 2025
5 downloadsMar 17, 2025
19 downloadsMar 18, 2025
13 downloadsMar 19, 2025
22 downloadsMar 20, 2025
10 downloadsMar 21, 2025
17 downloadsMar 22, 2025
22 downloadsMar 23, 2025
12 downloadsMar 24, 2025
6 downloadsMar 25, 2025
6 downloadsMar 26, 2025
7 downloadsMar 27, 2025
28 downloadsMar 28, 2025
7 downloadsMar 29, 2025
9 downloadsMar 30, 2025
3 downloadsMar 31, 2025
11 downloadsApr 1, 2025
7 downloadsApr 2, 2025
0 downloadsApr 3, 2025
0 downloadsApr 4, 2025
0 downloadsApr 5, 2025
3
33

The following line graph shows the downloads per day. You can hover over the graph to see the exact number of downloads per day.

Last 365 days

This package has been downloaded 4,510 times in the last 365 days. Now we’re talking! This work is officially 'heard of in academic circles', just like those wild research papers on synthetic bananas. The day with the most downloads was Jul 21, 2024 with 68 downloads.

The following line graph shows the downloads per day. You can hover over the graph to see the exact number of downloads per day.

Data provided by CRAN


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Dependencies

  • Imports2 packages