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Demand Learning and Dynamic Pricing under Competition in a State-Space Framework.
Byung Do Chung
Jiahan Li
Tao Yao
Changhyun Kwon
Terry L. Friesz
Published in:
IEEE Trans. Engineering Management (2012)
Keyphrases
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dynamic pricing
state space
reinforcement learning
learning algorithm
machine learning
supply chain management
dynamic programming
probabilistic model
particle filter
markov decision processes
lead time
inventory control