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cs.GT2024★ 1 cited
Switchback Price Experiments with Forward-Looking Demand
Yifan Wu, Ramesh Johari, Vasilis Syrgkanis +1
Switchback experiments are widely used in pricing applications. We consider a retailer running such an experiment for the price of a single product, with infinite supply. In each p…
cs.LG2024
Calibration Error for Decision Making
Lunjia Hu, Yifan Wu
Calibration allows predictions to be reliably interpreted as probabilities by decision makers. We propose a decision-theoretic calibration error, the Calibration Decision Loss (CDL…