{"id":"https://openalex.org/W2120064177","doi":"https://doi.org/10.1109/ijcnn.2003.1224034","title":"Dynamic pricing and reinforcement learning","display_name":"Dynamic pricing and reinforcement learning","publication_year":2004,"publication_date":"2004-06-22","ids":{"openalex":"https://openalex.org/W2120064177","doi":"https://doi.org/10.1109/ijcnn.2003.1224034","mag":"2120064177"},"language":"en","primary_location":{"id":"doi:10.1109/ijcnn.2003.1224034","is_oa":false,"landing_page_url":"https://doi.org/10.1109/ijcnn.2003.1224034","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the International Joint Conference on Neural Networks, 2003.","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5103950165","display_name":"Alexandre Xavier Ywata de Carvalho","orcid":null},"institutions":[{"id":"https://openalex.org/I141945490","display_name":"University of British Columbia","ror":"https://ror.org/03rmrcq20","country_code":"CA","type":"education","lineage":["https://openalex.org/I141945490"]}],"countries":["CA"],"is_corresponding":true,"raw_author_name":"A.X. Carvalho","raw_affiliation_strings":["Department of Statistics, University of British Columbia, Vancouver, Canada","British Columbia University, Vancouver, BC, Canada;"],"affiliations":[{"raw_affiliation_string":"Department of Statistics, University of British Columbia, Vancouver, Canada","institution_ids":["https://openalex.org/I141945490"]},{"raw_affiliation_string":"British Columbia University, Vancouver, BC, Canada;","institution_ids":["https://openalex.org/I141945490"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015095355","display_name":"Martin L. Puterman","orcid":"https://orcid.org/0000-0001-7866-4892"},"institutions":[{"id":"https://openalex.org/I141945490","display_name":"University of British Columbia","ror":"https://ror.org/03rmrcq20","country_code":"CA","type":"education","lineage":["https://openalex.org/I141945490"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"M.L. Puterman","raw_affiliation_strings":["Faculty of Commerce, University of British Columbia, Vancouver, Canada","British Columbia University, Vancouver, BC, Canada;"],"affiliations":[{"raw_affiliation_string":"Faculty of Commerce, University of British Columbia, Vancouver, Canada","institution_ids":["https://openalex.org/I141945490"]},{"raw_affiliation_string":"British Columbia University, Vancouver, BC, Canada;","institution_ids":["https://openalex.org/I141945490"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5103950165"],"corresponding_institution_ids":["https://openalex.org/I141945490"],"apc_list":null,"apc_paid":null,"fwci":2.8273,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.90834392,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"4","issue":null,"first_page":"2916","last_page":"2921"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9965000152587891,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9965000152587891,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9957000017166138,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/reinforcement-learning","display_name":"Reinforcement learning","score":0.8251191973686218},{"id":"https://openalex.org/keywords/revenue","display_name":"Revenue","score":0.7871307730674744},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6594306230545044},{"id":"https://openalex.org/keywords/revenue-management","display_name":"Revenue management","score":0.6358776092529297},{"id":"https://openalex.org/keywords/dynamic-pricing","display_name":"Dynamic pricing","score":0.5873829126358032},{"id":"https://openalex.org/keywords/set","display_name":"Set (abstract data type)","score":0.5560118556022644},{"id":"https://openalex.org/keywords/term","display_name":"Term (time)","score":0.49723127484321594},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.49533429741859436},{"id":"https://openalex.org/keywords/parametric-statistics","display_name":"Parametric statistics","score":0.48220980167388916},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.45031335949897766},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.38538801670074463},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.3851989507675171},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3414478302001953},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.304715096950531},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.27073097229003906},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.15883108973503113},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.1296984851360321},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.09277355670928955}],"concepts":[{"id":"https://openalex.org/C97541855","wikidata":"https://www.wikidata.org/wiki/Q830687","display_name":"Reinforcement learning","level":2,"score":0.8251191973686218},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.7871307730674744},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6594306230545044},{"id":"https://openalex.org/C2781386248","wikidata":"https://www.wikidata.org/wiki/Q11898700","display_name":"Revenue management","level":3,"score":0.6358776092529297},{"id":"https://openalex.org/C2779391423","wikidata":"https://www.wikidata.org/wiki/Q17009728","display_name":"Dynamic pricing","level":2,"score":0.5873829126358032},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.5560118556022644},{"id":"https://openalex.org/C61797465","wikidata":"https://www.wikidata.org/wiki/Q1188986","display_name":"Term (time)","level":2,"score":0.49723127484321594},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.49533429741859436},{"id":"https://openalex.org/C117251300","wikidata":"https://www.wikidata.org/wiki/Q1849855","display_name":"Parametric statistics","level":2,"score":0.48220980167388916},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.45031335949897766},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.38538801670074463},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3851989507675171},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3414478302001953},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.304715096950531},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.27073097229003906},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.15883108973503113},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1296984851360321},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.09277355670928955},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/ijcnn.2003.1224034","is_oa":false,"landing_page_url":"https://doi.org/10.1109/ijcnn.2003.1224034","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the International Joint Conference on Neural Networks, 2003.","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Partnerships for the goals","score":0.46000000834465027,"id":"https://metadata.un.org/sdg/17"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320322675","display_name":"Mitacs","ror":"https://ror.org/00cjrc276"},{"id":"https://openalex.org/F4320334593","display_name":"Natural Sciences and Engineering Research Council of Canada","ror":"https://ror.org/01h531d29"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":9,"referenced_works":["https://openalex.org/W1989897936","https://openalex.org/W2012923513","https://openalex.org/W2106451198","https://openalex.org/W2139418546","https://openalex.org/W2161705596","https://openalex.org/W2571446175","https://openalex.org/W4301630257","https://openalex.org/W6676174466","https://openalex.org/W6683794364"],"related_works":["https://openalex.org/W1963479726","https://openalex.org/W2420409956","https://openalex.org/W2808755562","https://openalex.org/W2528408760","https://openalex.org/W2029598999","https://openalex.org/W4388340416","https://openalex.org/W1997881597","https://openalex.org/W2895891960","https://openalex.org/W2740158290","https://openalex.org/W2360530351"],"abstract_inverted_index":{"We":[0,60],"consider":[1],"the":[2,15,24,37,42,47],"problem":[3],"of":[4],"optimizing":[5],"sales":[6],"revenues":[7,34],"based":[8],"on":[9],"a":[10,27,70],"parametric":[11],"model":[12],"in":[13,29],"which":[14],"parameters":[16],"are":[17,54],"unknown.":[18],"The":[19],"manager":[20],"has":[21],"to":[22,31,45,56],"set":[23],"price":[25,53],"at":[26,36],"level":[28],"order":[30],"maximize":[32],"current":[33],"and":[35,52,67],"same":[38],"time":[39],"learn":[40],"about":[41],"parameter":[43],"values":[44],"increase":[46],"future":[48],"revenues.":[49],"Both":[50],"demand":[51],"assumed":[55],"be":[57],"continuous":[58],"variables.":[59],"study":[61],"several":[62],"different":[63],"strategies":[64],"for":[65],"learning":[66],"show":[68],"that":[69],"one-step":[71],"look-ahead":[72],"rule":[73],"produces":[74],"good":[75],"short":[76],"term":[77],"performance.":[78]},"counts_by_year":[{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
