Nonparametric Pricing Bandits Leveraging Informational Externalities to Learn the Demand Curve
作者
Ian C. Weaver,Vineet Kumar,Lalit Jain
出处
期刊:Marketing Science [Institute for Operations Research and the Management Sciences] 日期:2025-09-26卷期号:44 (6): 1299-1320
标识
DOI:10.1287/mksc.2022.0247
摘要
We develop monotonic nonparametric Gaussian process bandits based on microeconomic theory for learning the demand curve, leveraging informational externalities to improve pricing decisions.