Dynamic pricing with waiting and price-anticipating customers

Over the last decades, dynamic pricing has become increasingly popular. To solve pricing problems, however, is particularly challenging if the customers’ and competitors’ behavior are both strategic and unknown. Reinforcement Learning (RL) methods are promising for solving such dynamic problems with...

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Bibliographic Details
Main Authors: Fabian Lange, Rainer Schlosser
Format: Article
Language:English
Published: Elsevier 2025-06-01
Series:Operations Research Perspectives
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214716025000132
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