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COLT
2005
Springer
14 years 1 months ago
Trading in Markovian Price Models
We examine a Markovian model for the price evolution of a stock, in which the probability of local upward or downward movement is arbitrarily dependent on the current price itself...
Sham M. Kakade, Michael J. Kearns
GFKL
2006
Springer
133views Data Mining» more  GFKL 2006»
13 years 11 months ago
Adaptive Conjoint Analysis for Pricing Music Downloads
Finding the right pricing for music downloads is of ample importance to the recording industry and music download service providers. For the recently introduced music downloads, re...
Christoph Breidert, Michael Hahsler
GLOBECOM
2010
IEEE
13 years 5 months ago
Need-Based Communication for Smart Grid: When to Inquire Power Price?
In smart grid, a home appliance can adjust its power consumption level according to the realtime power price obtained from communication channels. Most studies on smart grid do not...
Husheng Li, Robert C. Qiu
IOR
2010
99views more  IOR 2010»
13 years 6 months ago
Dynamic Pricing with a Prior on Market Response
We study a problem of dynamic pricing faced by a vendor with limited inventory, uncertain about demand, aiming to maximize expected discounted revenue over an infinite time horiz...
Vivek F. Farias, Benjamin Van Roy
IOR
2011
96views more  IOR 2011»
13 years 2 months ago
On the Minimax Complexity of Pricing in a Changing Environment
We consider a pricing problem in an environment where the customers’ willingness-to-pay (WtP) distribution may change at some point over the selling horizon. Customers arrive se...
Omar Besbes, Assaf J. Zeevi