No user will purchase the good if the market price is greater than the highest
reservation price [p > r(0)] and all potential users will purchase the good if the price is less than, or equal to, the lowest
reservation price [p [less than or equal to] r(1)].
w:
reservation price per unit of logistics service capacity,
The auction data, including the number of shares sold in the auction tranche, the subscription level in the auction tranche, the
reservation price, the maximum bidding price, the minimum bidding price, and the quantity-weighted winning price, were collected from the Taiwan Securities Association.
Manchanda, 2003, "Measuring Heterogeneous
Reservation Prices for Product Bundles," Marketing Science, 22, 107.
Though internal to the seller, the
reservation price is strongly influenced by aspects beyond the negotiator's control, such as the company's cost base.
The
reservation price of the processors will obviously be a function of the price they receive for their processed product.
The customer with the highest RP purchases A - t units, while the last customer, whose
reservation price is A - t + 1, purchases one unit of the product.
Also, the seller does not know any given buyer's
reservation price, but knows the distribution of
reservation prices over potential buyers.
In this context the individual
reservation price is understood as an agent's subjective assessment of the stock's intrinsic value that prompts immediate agent's response (to buy or sell the security).
Suppose for the moment all firms expect consumers to use effective
reservation price R > 0.
Through the practice of
reservation price deception (i.
For example, if you know the client is highly price sensitive, you may only present the
reservation price for all three options.
