Reinforcement Learning Applications in Dynamic Pricing of Retail Markets.
C. V. L. RajuY. NarahariK. RavikumarPublished in: CEC (2003)
Keyphrases
- dynamic pricing
- reinforcement learning
- market conditions
- pricing strategies
- supply chain management
- supply chain
- revenue management
- pricing model
- learning curve
- optimal pricing
- state space
- machine learning
- optimal policy
- inventory control
- markov decision processes
- multistage
- multi agent
- optimal control
- online auctions
- monte carlo
- control policy
- electronic commerce
- objective function