Simple Policies for Dynamic Pricing with Imperfect Forecasts

DOI10.1287/OPRE.2013.1166zbMath1273.91187OpenAlexW2163413645MaRDI QIDQ2846421

Vivek Francis Farias, Yi-Wei Chen

Publication date: 5 September 2013

Published in: Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/opre.2013.1166

zbMATH Keywords

optimal controldynamic programminganalysis of algorithmssuboptimal algorithms

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Dynamic programming (90C39)

Related Items (11)

Constant Regret Resolving Heuristics for Price-Based Revenue Management ⋮ Data-Driven Pricing for a New Product ⋮ Optimal pricing to minimize maximum regret with limited demand information ⋮ An overview of revenue management and dynamic pricing models in hotel business ⋮ Joint Pricing and Inventory Management with Strategic Customers ⋮ Online Network Revenue Management Using Thompson Sampling ⋮ Optimistic Monte Carlo Tree Search with Sampled Information Relaxation Dual Bounds ⋮ Algorithms for Online Matching, Assortment, and Pricing with Tight Weight-Dependent Competitive Ratios ⋮ Dynamic and targeted bundle pricing of two independently valued products ⋮ Technical Note—Joint Learning and Optimization of Multi-Product Pricing with Finite Resource Capacity and Unknown Demand Parameters ⋮ Fair Resource Allocation in a Volatile Marketplace

This page was built for publication: Simple Policies for Dynamic Pricing with Imperfect Forecasts