# AssetPricing v1.0-1

0

0th

Percentile

## Optimal Pricing of Assets with Fixed Expiry Date

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.

## Functions in AssetPricing

 Name Description buildS Build a piecewise linear price sensitivity function AssetPricing-internal Internal AssetPricing functions xsolve Optimal pricing policy vsolve Solve for expected value of assets. plot.AssetPricing Plot a list of asset pricing functions. No Results!