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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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Publicat a:Soft comput
Autors principals: Elreedy, Dina, Atiya, Amir F., Shaheen, Samir I.
Format: Artigo
Idioma:Inglês
Publicat: Springer Berlin Heidelberg 2021
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Accés en línia: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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