Route-based approximate dynamic programming for dynamic pricing in attended home delivery

Sebastian Koch and Robert Klein

European Journal of Operational Research, 2020, vol. 287, issue 2, 633-652

Abstract: Attended home delivery describes the delivery of goods by e-grocers or e-tailers to customers within an agreed time window. Because customers expect narrow time windows, offering such services may lead to expensive fulfillment operations. This has led to research on how to influence customers’ bookings using time window pricing or slotting. In this paper, we reconsider the problem of demand management through dynamic pricing for attended home delivery services.

Keywords: E-commerce; Attended home delivery; Revenue management; Dynamic pricing; Approximate dynamic programming (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:287:y:2020:i:2:p:633-652

DOI: 10.1016/j.ejor.2020.04.002

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