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econ.TH2024
The Simplicity of Optimal Dynamic Mechanisms
Jose Correa, Andres Cristi, Laura Vargas Koch
A fundamental economic question is that of designing revenue-maximizing mechanisms in dynamic environments. This paper considers a simple yet compelling market model to tackle this…
cs.LG2024★ 1 cited
Dynamic pricing with Bayesian updates from online reviews
José Correa, Mathieu Mari, Andrew Xia
When launching new products, firms face uncertainty about market reception. Online reviews provide valuable information not only to consumers but also to firms, allowing firms to a…