Dynamic Pricing under Finite Space Demand Uncertainty: A Multi-Armed Bandit with Dependent Arms

Pouya Tehrani Yixuan Zhai Qing Zhao

Published in: CoRR (2012)

Keyphrases

dynamic pricing
multi armed bandits
demand function
multi armed bandit
selling season
demand uncertainty
revenue management
supply chain management
learning curve
inventory control
reinforcement learning
cost function
steady state
pricing strategies