Automated repricing and ordering strategies in competitive markets

DOI10.3233/AIC-180603zbMath1467.91050OpenAlexW2910676442MaRDI QIDQ5145450

Matthias Uflacker, Rainer Schlosser, Carsten Walther, Martin Boissier

Publication date: 20 January 2021

Published in: AI Communications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3233/aic-180603

zbMATH Keywords

dynamic pricinginventory managementE-commerceoligopoly competitiondemand learning

Mathematics Subject Classification ID

Learning and adaptive systems in artificial intelligence (68T05) Microeconomic theory (price theory and economic markets) (91B24)

Uses Software

• Scikit
• Cython
• Python
• XGBoost

Cites Work

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• A robust optimization approach to dynamic pricing and inventory control with no backorders
• Combined Pricing and Inventory Control Under Uncertainty
• The Logic of Logistics
• Estimating Primary Demand for Substitutable Products from Sales Transaction Data
• Dynamic Pricing and Inventory Control: Uncertainty and Competition
• Dynamic Pricing in the Presence of Inventory Considerations: Research Overview, Current Practices, and Future Directions
• Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution
• Dynamic Pricing and Ordering Decisions by a Monopolist
• Dynamic Price Competition with Fixed Capacities
• Dynamic learning, pricing, and ordering by a censored newsvendor

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