Dynamic pricing and learning: historical origins, current research, and new directions

AV Den Boer - Surveys in operations research and management …, 2015 - Elsevier
The topic of dynamic pricing and learning has received a considerable amount of attention
in recent years, from different scientific communities. We survey these literature streams: we …

Mapping the ethicality of algorithmic pricing: A review of dynamic and personalized pricing

P Seele, C Dierksmeier, R Hofstetter… - Journal of Business …, 2021 - Springer
Firms increasingly deploy algorithmic pricing approaches to determine what to charge for
their goods and services. Algorithmic pricing can discriminate prices both dynamically over …

Recent developments in dynamic pricing research: multiple products, competition, and limited demand information

M Chen, ZL Chen - Production and Operations Management, 2015 - journals.sagepub.com
Dynamic pricing enables a firm to increase revenue by better matching supply with demand,
responding to shifting demand patterns, and achieving customer segmentation. In the last 20 …

Competitive Demand Learning: A Noncooperative Pricing Algorithm with Coordinated Price Experimentation

Y Yang, YC Lee, PA Chen - Production and Operations …, 2024 - journals.sagepub.com
We consider a periodical equilibrium pricing problem for multiple firms over a planning
horizon of T periods. At each period, firms set their selling prices and receive stochastic …

Robust dynamic pricing with two substitutable products

M Chen, ZL Chen - Manufacturing & Service Operations …, 2018 - pubsonline.informs.org
We consider a practical dynamic pricing problem with two substitutable products involving a
number of business rules commonly seen in practice. Demand substitution exists between …

Pricing to accelerate demand learning in dynamic assortment planning for perishable products

M Talebian, N Boland, M Savelsbergh - European Journal of Operational …, 2014 - Elsevier
Retailers, from fashion stores to grocery stores, have to decide what range of products to
offer, ie, their product assortment. Frequent introduction of new products, a recent business …

Diffusion approximations for a class of sequential experimentation problems

VF Araman, RA Caldentey - Management Science, 2022 - pubsonline.informs.org
A decision maker (DM) must choose an action in order to maximize a reward function that
depends on the DM's action as well as on an unknown parameter Θ. The DM can delay …

A robust supply chain planning framework for revenue management in the semiconductor industry

A Seitz, H Ehm, R Akkerman, S Osman - Journal of Revenue and Pricing …, 2016 - Springer
High demand uncertainties, long production lead times, and short product life cycles cause
high risks for supply chain planning in the semiconductor industry. These affect all industries …

Dynamic pricing of new products in competitive markets: A mean-field game approach

R Chenavaz, C Paraschiv, G Turinici - Dynamic Games and Applications, 2021 - Springer
Dynamic pricing of new products has been extensively studied in monopolistic and
oligopolistic markets. But, the optimal control and differential game tools used to investigate …

[PDF][PDF] Competitive demand learning: A data-driven pricing algorithm

Y Yang, YC Lee, PA Chen - arXiv preprint arXiv:2008.05195, 2020 - datascienceassn.org
Dynamic pricing is used to maximize the revenue of a firm over a finite-period planning
horizon, given that the firm may not know the underlying demand curve a priori. In emerging …