Dynamic Pricing through Data Sampling
We study a dynamic pricing problem, where a firm offers a product to be sold over a fixed time horizon. The firm has a given initial inventory level, but there is uncertainty about the demand for the product in each time period. The objective of the firm is to determine a dynamic pricing strategy th...
Main Authors: | Lobel, Ruben (Author), Cohen, Maxime (Contributor), Perakis, Georgia (Contributor) |
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Other Authors: | Massachusetts Institute of Technology. Operations Research Center (Contributor), Sloan School of Management (Contributor) |
Format: | Article |
Language: | English |
Published: |
Wiley,
2019-03-05T14:53:27Z.
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Subjects: | |
Online Access: | Get fulltext |
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