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, Cohen, Maxime, Perakis, Georgia |
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Other Authors: | Massachusetts Institute of Technology. Operations Research Center |
Format: | Article |
Published: |
Wiley
2019
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Online Access: | http://hdl.handle.net/1721.1/120722 https://orcid.org/0000-0002-9428-7748 https://orcid.org/0000-0002-0888-9030 |
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