Contextual Dynamic Pricing with Strategic Buyers

By P. Liu et al.
Published on July 8, 2023
Read the original document by opening this link in a new tab.

Table of Contents

1. Introduction
2. Problem Setting
3. Clairvoyant Policy and Performance Metric
4. Feature Manipulation
5. Pricing Policies
6. Performance Evaluation
7. Conclusion

Summary

The paper explores contextual dynamic pricing with strategic buyers, focusing on personalized pricing policies and buyer manipulation. The authors propose a strategic dynamic pricing policy to maximize revenue by incorporating buyers' strategic behaviors. They analyze the regret bounds of the proposed policy and conduct experiments to validate its performance. The study provides insights into dynamic pricing in the presence of feature manipulation and contributes to understanding market dynamics.
×
This is where the content will go.