A Bayesian learning model for estimating unknown demand parameter in revenue management

DOI10.1016/J.EJOR.2020.11.049zbMath1487.91046OpenAlexW3110958498MaRDI QIDQ2030522

Baichun Xiao, Wei Yang

Publication date: 7 June 2021

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

Full work available at URL: https://doi.org/10.1016/j.ejor.2020.11.049

zbMATH Keywords

revenue managementregret boundBayesian learning model

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Microeconomic theory (price theory and economic markets) (91B24) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

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