Dynamic Pricing through Sampling Based Optimization

In this paper we develop an approach to dynamic pricing that combines ideas from data-driven and robust optimization to address the uncertain and dynamic aspects of the problem. In our setting, a firm off ers multiple products to be sold over a fixed discrete time horizon. Each product sold consumes...

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Bibliographic Details
Main Authors: Lobel, Ruben (Contributor), Perakis, Georgia (Contributor)
Other Authors: Massachusetts Institute of Technology. Operations Research Center (Contributor), Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Airline Group of the International Federation of Operational Research Societies, 2014-06-30T16:18:47Z.
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