Aviv, Yossi; Pazgal, Amit - In: Management Science 51 (2005) 9, pp. 1400-1416
propose an active-learning heuristic pricing policy. We conduct a numerical study to test the performance of four different … pricing problem faced by sellers of fashion-like goods. We consider a retailer that plans to sell a given stock of items … heuristic dynamic pricing policies in order to gain insight into several important managerial questions that arise in the …
