Dynamic pricing policies for interdependent perishable products or services using reinforcement learning.
Rupal RanaFernando S. OliveiraPublished in: Expert Syst. Appl. (2015)
Keyphrases
- dynamic pricing
- reinforcement learning
- revenue management
- optimal policy
- inventory replenishment
- multiagent reinforcement learning
- optimal pricing
- inventory level
- markov decision process
- supply chain management
- pricing model
- inventory control
- learning curve
- markov decision processes
- decision problems
- state space
- multistage
- partially observable markov decision processes
- pricing strategies
- finite horizon
- supply chain
- sufficient conditions
- market conditions
- machine learning
- dynamic programming
- control policy
- reward function
- state dependent