Feature-Based Online Pricing, M.Sc. Thesis Sharif University of Technology ; Alishahi, Kasra (Supervisor)
Abstract
Nowadays, the online markets can easily change and adjust price of the product to an optimal price to increase the profit from the sale of their products. Because of this pricing flexibility, there are many applications of online pricing in online markets and so on.We study the problem of online pricing and specifically feature-based online pricing as an online learning problem in which a seller receives highly differentiated products online and prices them with the goal of obtaining the highest possible profit.The seller does not initially know the values of the different features, but can learn the values of the features based on whether products were sold at the posted prices in the...
Cataloging briefFeature-Based Online Pricing, M.Sc. Thesis Sharif University of Technology ; Alishahi, Kasra (Supervisor)
Abstract
Nowadays, the online markets can easily change and adjust price of the product to an optimal price to increase the profit from the sale of their products. Because of this pricing flexibility, there are many applications of online pricing in online markets and so on.We study the problem of online pricing and specifically feature-based online pricing as an online learning problem in which a seller receives highly differentiated products online and prices them with the goal of obtaining the highest possible profit.The seller does not initially know the values of the different features, but can learn the values of the features based on whether products were sold at the posted prices in the...
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