On the Minimax Complexity of Pricing in a Changing Environment

DOI10.1287/OPRE.1100.0867zbMath1217.91062OpenAlexW3121427432MaRDI QIDQ3013919

Assaf J. Zeevi, Omar Besbes

Publication date: 19 July 2011

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

Full work available at URL: https://doi.org/10.1287/opre.1100.0867

zbMATH Keywords

estimationdetectionpricingchange-pointnonstationary demandprice experimentation

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26) Consumer behavior, demand theory (91B42)

Related Items (8)

Tracking the market: dynamic pricing and learning in a changing environment ⋮ Dynamic Pricing and Learning with Finite Inventories ⋮ Data-Driven Pricing for a New Product ⋮ Optimal pricing to minimize maximum regret with limited demand information ⋮ Non-Stationary Stochastic Optimization ⋮ Dynamic Pricing with Multiple Products and Partially Specified Demand Distribution ⋮ Revenue management under randomly evolving economic conditions ⋮ The Exploration-Exploitation Trade-off in the Newsvendor Problem

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