We study the fundamental model in joint pricing and inventory replenishment control under the learning-while-doing framework, with T consecutive review periods and the firm not knowing the demand curve a priori. At the beginning of each period, the retailer makes both a price decision and an...

We consider a stylistic question of dynamic pricing of a single product with demand learning. The candidate prices belong to a wide range of price interval, and the modeling of the demand functions is nonparametric in nature, imposing only smoothness regularity conditions. One important aspect...

A firm makes pricing and inventory replenishment decisions for a product over T periods to maximize its expected total profit. Demand is random and price sensitive, and unsatisfied demands are lost and unobservable (censored demand). The firm knows the demand process up to some parameters and...

We study a family of stylized dynamic assortment planning problems, where for each arriving customer, the seller offers an assortment of substitutable products and customer makes the purchase among offered products according to a discrete choice model. This paper considers two popular choice...