Optimal minimum bids and inventory scrapping in sequential, single-unit, Vickrey auctions with demand learning

DOI10.1016/j.ejor.2015.03.015zbMath1346.91097OpenAlexW2069909730MaRDI QIDQ319629

Archis Ghate

Publication date: 6 October 2016

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2015.03.015

zbMATH Keywords

dynamic programmingBayesian learningsequential auctions

Mathematics Subject Classification ID

Dynamic programming (90C39) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (4)

Optimal bidding in auctions from a game theory perspective ⋮ Optimal Design of Online Sequential Buy-Price Auctions with Consumer Valuation Learning ⋮ Analysis and design for multi-unit online auctions ⋮ Dynamic pricing with Bayesian demand learning and reference price effect

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