Dynamic pricing for nonperishable products with demand learning
DOI10.1287/OPRE.1090.0725zbMATH Open1233.91099OpenAlexW3126095556MaRDI QIDQ3100416FDOQ3100416
Authors: Victor F. Araman, René Caldentey
Publication date: 24 November 2011
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/84d116afcc605e842f674dff2b1089f4c858765f
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optimal stoppingapproximationsdynamic pricingnonhomogeneous Poisson processintensity controlBayesian demand learning
Applications of renewal theory (reliability, demand theory, etc.) (60K10) Inventory, storage, reservoirs (90B05) Microeconomic theory (price theory and economic markets) (91B24)
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