Dynamic Pricing in High-dimensions

24 Sep 2016Adel JavanmardHamid Nazerzadeh

We study the pricing problem faced by a firm that sells a large number of products, described via a wide range of features, to customers that arrive over time. Customers independently make purchasing decisions according to a general choice model that includes products features and customers' characteristics, encoded as $d$-dimensional numerical vectors, as well as the price offered... (read more)

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