Dynamic Pricing with a Prior on Market Response
From MaRDI portal
Publication:3100446
DOI10.1287/opre.1090.0729zbMath1233.91104OpenAlexW2082247722MaRDI QIDQ3100446
Benjamin van Roy, Vivek Francis Farias
Publication date: 24 November 2011
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/opre.1090.0729
Approximation methods and heuristics in mathematical programming (90C59) Stochastic models in economics (91B70) Microeconomic theory (price theory and economic markets) (91B24)
Related Items
Investment Timing with Incomplete Information and Multiple Means of Learning, Optimal minimum bids and inventory scrapping in sequential, single-unit, Vickrey auctions with demand learning, Tracking the market: dynamic pricing and learning in a changing environment, Response-adaptive designs for clinical trials: simultaneous learning from multiple patients, Analytical solutions to the dynamic pricing problem for time-normalized revenue, Model Predictive Control for Dynamic Resource Allocation, Data-Driven Pricing for a New Product, Quantity Premiums and Discounts in Dynamic Pricing, Optimal pricing to minimize maximum regret with limited demand information, Dynamic Learning and Decision Making via Basis Weight Vectors, Optimal selection and release problem in software testing process: a continuous time stochastic control approach, Optimal pricing and production decisions of fashion apparel brands in a two‐stage sales setting, Equilibrium strategies and pricing for a congested system with opaque price and loss-averse customers, Dynamic pricing problems with elastic demand, Dynamic Selling Mechanisms for Product Differentiation and Learning, A pricing problem with unknown arrival rate and price sensitivity, Online Network Revenue Management Using Thompson Sampling, Dynamic Inventory and Price Controls Involving Unknown Demand on Discrete Nonperishable Items, Technical Note—Data-Based Dynamic Pricing and Inventory Control with Censored Demand and Limited Price Changes, Dynamic pricing with finite price sets: a non-parametric approach, Dynamic and targeted bundle pricing of two independently valued products, A simulation‐based algorithm for optimal pricing policy under demand uncertainty, Stochastic revision opportunities in Markov decision problems, Optimal learning with non-Gaussian rewards, Open-loop policies in Bayesian dynamic pricing: some counter-intuitive observations and insights, The Value of Dynamic Pricing in Large Queueing Systems, Robust Dynamic Pricing with Strategic Customers, Dynamic Incentive-Aware Learning: Robust Pricing in Contextual Auctions, Technical Note—Joint Learning and Optimization of Multi-Product Pricing with Finite Resource Capacity and Unknown Demand Parameters, Dynamic Pricing with Multiple Products and Partially Specified Demand Distribution, Nonparametric Learning Algorithms for Joint Pricing and Inventory Control with Lost Sales and Censored Demand, Revenue management under randomly evolving economic conditions, Nonparametric Pricing Analytics with Customer Covariates, A revisit to the markup practice of irreversible dynamic pricing, A Primal–Dual Learning Algorithm for Personalized Dynamic Pricing with an Inventory Constraint, Close the Gaps: A Learning-While-Doing Algorithm for Single-Product Revenue Management Problems
