Dynamic pricing for perishable products using reinforcement learning

Revenue management is one of the successful applications of operations research. The area of revenue management we are concerned with, in this thesis is dynamic pricing. More specifically, we are concerned with establishing a pricing policy that maximises the revenue for a fixed number of products o...

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Bibliographic Details
Main Author: Rana, Rupal
Published: University of Warwick 2011
Subjects:
658
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.537757