详细信息

Real Time Demand Learning-Based Q-learning Approach for Dynamic Pricing in E-retailing Setting  ( CPCI-S收录)  

文献类型:会议论文

英文题名:Real Time Demand Learning-Based Q-learning Approach for Dynamic Pricing in E-retailing Setting

作者:Cheng, Yan

机构:[1]E China Univ Sci & Technol, Sch Business, Shanghai 200237, Peoples R China

会议论文集:1st International Symposium on Information Engineering and Electronic Commerce

会议日期:MAY 16-17, 2009

会议地点:Ternopil, UKRAINE

语种:英文

外文关键词:demand learning; e-commerce; Q-learning

摘要:Information technology has given e-retailers new capability of learning demand in real time. This paper investigates how to integrate this real time learning technology with Q-learning algorithm for the optimization of dynamic pricing in e-retailing setting. Especially, this paper studies the optimal dynamic pricing problem for seasonal and style products in e-retailing setting, and validate our approach in simulated test.

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