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Novel pricing strategies for revenue maximization and demand learning using an exploration–exploitation framework
The price demand relation is a fundamental concept that models how price affects the sale of a product. It is critical to have an accurate estimate of its parameters, as it will impact the company’s revenue. The learning has to be performed very efficiently using a small window of a few test points,...
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| Publicado no: | Soft comput |
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| Main Authors: | , , |
| Formato: | Artigo |
| Idioma: | Inglês |
| Publicado em: |
Springer Berlin Heidelberg
2021
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| Assuntos: | |
| Acesso em linha: | https://ncbi.nlm.nih.gov/pmc/articles/PMC8310463/ https://ncbi.nlm.nih.gov/pubmed/34335080 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1007/s00500-021-06047-y |
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