A Partially Observed Markov Decision Process for Dynamic Pricing.
Yossi AvivAmit PazgalPublished in: Manag. Sci. (2005)
Keyphrases
- partially observed
- markov decision process
- dynamic pricing
- state space
- markov decision processes
- reinforcement learning
- optimal policy
- supply chain management
- finite horizon
- infinite horizon
- revenue management
- inventory control
- learning curve
- inventory level
- initial state
- random variables
- reward function
- electronic commerce
- pricing strategies
- data mining