Offline Pricing and Demand Learning with Censored Data

<jats:p> We study a single product pricing problem with demand censoring in an offline data-driven setting. In this problem, a retailer has a finite amount of inventory and faces a random demand that is price sensitive in a linear fashion with unknown price sensitivity and base demand distribu...

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Bibliographic Details
Main Authors: Bu, Jinzhi, Simchi-Levi, David, Wang, Li
Other Authors: Massachusetts Institute of Technology. Department of Civil and Environmental Engineering
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2023
Online Access:https://hdl.handle.net/1721.1/148655

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