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Pricing and Revenue Optimization
 
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Pricing and Revenue Optimization (Hardcover)

by Robert Phillips (Author)
5.0 out of 5 stars  See all reviews (1 customer review)
RRP: £58.50
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Frequently Bought Together

Pricing and Revenue Optimization + The Theory and Practice of Revenue Management: 68 (International Series in Operations Research & Management Science) + The Strategy and Tactics of Pricing: A Guide to Growing More Profitably
Price For All Three: £151.52

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Product details

  • Hardcover: 368 pages
  • Publisher: Stanford University Press (31 Aug 2005)
  • Language English
  • ISBN-10: 0804746982
  • ISBN-13: 978-0804746984
  • Product Dimensions: 25.6 x 18.6 x 2.8 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 213,700 in Books (See Bestsellers in Books)

    Popular in this category:

    #60 in  Books > Business, Finance & Law > Management > Operational Research

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Product Description

Review

"This book is just what I would have expected from someone with the intellectual brilliance of Bob Phillips. Starting with the basic tenets of Pricing and Market Segmentation, he produces a thorough, readable, comprehensive study of Revenue Optimization, beautifully balancing both the conceptual/theoretical and practical aspects of the discipline. Using rigorous mathematical proofs and interesting illustrations from current practice, he has created a history of where PRO has been and a summary of the current state of Revenue Management theory. He then suggests a set of extensions that will lead us on to the next level of understanding and effectiveness, including a thoughtful discussion of the human emotional/ethical reactions to various pricing approaches. This book will immediately become an essential part of Continental Airline's Revenue Management training curriculum." --Bill Brunger, Senior Vice President--Network, Continental Airlines


Product Description

This is the first comprehensive introduction to the concepts, theories, and applications of pricing and revenue optimization. From the initial success of "yield management" in the commercial airline industry down to more recent successes of markdown management and dynamic pricing, the application of mathematical analysis to optimize pricing has become increasingly important across many different industries. But, since pricing and revenue optimization has involved the use of sophisticated mathematical techniques, the topic has remained largely inaccessible to students and the typical manager. With methods proven in the MBA courses taught by the author at Columbia and Stanford Business Schools, this book presents the basic concepts of pricing and revenue optimization in a form accessible to MBA students, MS students, and advanced undergraduates. In addition, managers will find the practical approach to the issue of pricing and revene optimization invaluable.

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1 of 1 people found the following review helpful:
5.0 out of 5 stars Simply the best, 23 Aug 2006
By Ian Yeoman (Wellington, New Zealand) - See all my reviews
(REAL NAME)   
Excellent, easy to read and a must for MBA students and practioner's. This is not a Management Science book, but a Managers guide.

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