3 citations · 3 across the 1 of their papers we have counts for
3 papers
eess.SY2021★ 3 cited
Elasticity Based Demand Forecasting and Price Optimization for Online Retail
Chengcheng Liu, Mátyás A. Sustik
We study a problem of an online retailer who observes the unit sales of a product, and dynamically changes the retail price, in order to maximize the expected revenue. Assuming the…
cs.LG2019
Anomaly Detection for an E-commerce Pricing System
Jagdish Ramakrishnan, Elham Shaabani, Chao Li +1
Online retailers execute a very large number of price updates when compared to brick-and-mortar stores. Even a few mis-priced items can have a significant business impact and resul…
stat.ML2018
Thompson Sampling for Dynamic Pricing
Ravi Ganti, Matyas Sustik, Quoc Tran +1
In this paper we apply active learning algorithms for dynamic pricing in a prominent e-commerce website. Dynamic pricing involves changing the price of items on a regular basis, an…