A simulation-based algorithm for optimal pricing policy under demand uncertainty
Year of publication: |
2014
|
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Authors: | Chakravarty, Saswata ; Padakandla, Sindhu ; Bhatnagar, Shalabh |
Published in: |
International transactions in operational research : ITOR ; a journal of the International Federation of Operational Research Societies (IFORS). - Oxford : Wiley, ISSN 0969-6016, ZDB-ID 1213721-2. - Vol. 21.2014, 5, p. 737-760
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Subject: | optimal pricing policy | Bass model | parameterized stochastic differential equation (SDE) | stochastic approximation algorithm | smoothed functional gradient estimates | Stochastischer Prozess | Stochastic process | Preismanagement | Pricing strategy | Mathematische Optimierung | Mathematical programming | Algorithmus | Algorithm | Schätztheorie | Estimation theory |
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