A simulation‐based algorithm for optimal pricing policy under demand uncertainty

DOI10.1111/itor.12064zbMath1307.90123WikidataQ114981728 ScholiaQ114981728MaRDI QIDQ5175839

Sindhu Padakandla, Saswata Chakravarty, Shalabh Bhatnagar

Publication date: 25 February 2015

Published in: International Transactions in Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/itor.12064

zbMATH Keywords

stochastic approximation algorithm; Bass model; optimal pricing policy; parameterized stochastic differential equation (SDE); smoothed functional gradient estimates

Mathematics Subject Classification ID

90C15: Stochastic programming

91B24: Microeconomic theory (price theory and economic markets)

Cites Work

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