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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,...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Springer Berlin Heidelberg
2021
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8310463/ https://www.ncbi.nlm.nih.gov/pubmed/34335080 http://dx.doi.org/10.1007/s00500-021-06047-y |