Online Network Revenue Management Using Thompson Sampling

Online Network Revenue Management Using Thompson Sampling

We consider a price-based network revenue management problem in which a retailer aims to maximize revenue from multiple products with limited inventory over a finite selling season. As is common in practice, we assume the demand function contains unknown parameters that must be learned from sales da...

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Bibliographic Details
Main Authors: Ferreira, Kris Johnson (Author), Simchi-Levi, David (Author), Wang, He (Author)
Other Authors: Massachusetts Institute of Technology. Institute for Data, Systems, and Society (Contributor), Massachusetts Institute of Technology. Department of Civil and Environmental Engineering (Contributor), Massachusetts Institute of Technology. Operations Research Center (Contributor)
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences (INFORMS), 2020-06-09T21:28:51Z.
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