Frontiers in Service Science: Data-Driven Revenue Management: The Interplay of Data, Model, and Decisions

N Chen, M Hu - Service Science, 2023 - pubsonline.informs.org
Revenue management (RM) is the application of analytical methodologies and tools that
predict consumer behavior and optimize product availability and prices to maximize a firm's …

Dynamic pricing under competition using reinforcement learning

A Kastius, R Schlosser - Journal of Revenue and Pricing Management, 2022 - Springer
Dynamic pricing is considered a possibility to gain an advantage over competitors in modern
online markets. The past advancements in Reinforcement Learning (RL) provided more …

An efficient novel approach to E-commerce retail price optimization through machine learning

Y Subbarayudu, GV Reddy, MVK Raj… - E3S Web of …, 2023 - e3s-conferences.org
Businesses can use price optimization to discover the most profitable price point by using
customer and market data to drive their decisions. The optimal price points will result in the …

Dual-agent deep reinforcement learning for dynamic pricing and replenishment

Y Zheng, Z Li, P Jiang, Y Peng - arxiv preprint arxiv:2410.21109, 2024 - arxiv.org
We study the dynamic pricing and replenishment problems under inconsistent decision
frequencies. Different from the traditional demand assumption, the discreteness of demand …

数据定价研究综述.

蔡莉, 黄振弘, 梁宇, 朱扬勇 - Journal of Frontiers of …, 2021 - search.ebscohost.com
数据定价是把数据作为资产并对资产进行定价的行为. 在当前的数据市场中,
由于买家和卖家之间几乎没有透明度, 信息严重不对称, 造成数据定价的混乱 …

Price optimization in fashion e-commerce

S Kedia, S Jain, A Sharma - arxiv preprint arxiv:2007.05216, 2020 - arxiv.org
With the rapid growth in the fashion e-commerce industry, it is becoming extremely
challenging for the E-tailers to set an optimal price point for all the products on the platform …

Adversarial competition and collusion in algorithmic markets

L Rocher, AJ Tournier, YA de Montjoye - Nature Machine Intelligence, 2023 - nature.com
Algorithms are now playing a central role in digital marketplaces, setting prices and
automatically responding in real time to competitors' behaviour. The deployment of …

Dynamic pricing under competition with data-driven price anticipations and endogenous reference price effects

R Schlosser, K Richly - Journal of Revenue and Pricing Management, 2019 - Springer
Online markets have become highly dynamic and competitive. Many sellers use automated
data-driven strategies to estimate demand and to update prices frequently. Further …

Large Language Models Empower Personalized Valuation in Auction

J Sun, T Zhang, H Jiang, K Huang, C Luo, J Wu… - arxiv preprint arxiv …, 2024 - arxiv.org
Auctions, a fundamental economic mechanism, encompass the valuation of goods or
services and the competitive bidding algorithms within a specific framework, serving to …

Get by how much you pay: A novel data pricing scheme for data trading

Y Lu, J Wang, L Liu, H Yang - Information Processing & Management, 2024 - Elsevier
As a crucial step in promoting data sharing, data trading can stimulate the development of
the data economy. However, the current data trading market primarily focuses on satisfying …