Package: AssetPricing Version: 1.0-3 Date: 2021-10-08 Title: Optimal Pricing of Assets with Fixed Expiry Date Author: Rolf Turner Maintainer: Rolf Turner Depends: R (>= 0.99) Imports: polynom, deSolve Description: 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. License: GPL (>= 2) URL: http://www.stat.auckland.ac.nz/~rolf/ NeedsCompilation: no Packaged: 2021-10-07 20:21:22 UTC; rolf Repository: CRAN Date/Publication: 2021-10-07 20:40:11 UTC