Research Article
Dynamic Pricing under Cost Reduction in the Presence of Myopic and Strategic Consumers
Table 3
Expected minimum profit under different unit cost of TA.
| | Unit cost for TA |
| | 0.01 | 0.1 | 0.2 | 0.3 | 0.4 | 0.5 | Minimum point () | 0 | 0 | 0.047 | 0.151 | 0.256 | 0.361 | Minimum value () | 0.072 | 0.072 | 0.071 | 0.061 | 0.041 | 0.010 |
| | Unit cost for TA |
| | 0.6 | 0.7 | 0.8 | 0.9 | 0.99 | | Minimum point () | 0.465 | 0.569 | 0.674 | 0.778 | 0.872 | | Minimum value () | -0.031 | -0.083 | -0.145 | -0.218 | -0.292 | |
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