{"id":"https://openalex.org/W2947227842","doi":"https://doi.org/10.1145/2940716.2940734","title":"Pricing with Limited Knowledge of Demand","display_name":"Pricing with Limited Knowledge of Demand","publication_year":2016,"publication_date":"2016-07-21","ids":{"openalex":"https://openalex.org/W2947227842","doi":"https://doi.org/10.1145/2940716.2940734","mag":"2947227842"},"language":"en","primary_location":{"id":"doi:10.1145/2940716.2940734","is_oa":false,"landing_page_url":"https://doi.org/10.1145/2940716.2940734","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 2016 ACM Conference on Economics and Computation","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/A5015555156","display_name":"Maxime C. Cohen","orcid":"https://orcid.org/0000-0002-2474-3875"},"institutions":[{"id":"https://openalex.org/I1291425158","display_name":"Google (United States)","ror":"https://ror.org/00njsd438","country_code":"US","type":"company","lineage":["https://openalex.org/I1291425158","https://openalex.org/I4210128969"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Maxime C. Cohen","raw_affiliation_strings":["Google Research, New York, NY, USA","[Google Research, New York, NY, USA]"],"affiliations":[{"raw_affiliation_string":"Google Research, New York, NY, USA","institution_ids":["https://openalex.org/I1291425158"]},{"raw_affiliation_string":"[Google Research, New York, NY, USA]","institution_ids":["https://openalex.org/I1291425158"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5003029139","display_name":"Georgia Perakis","orcid":"https://orcid.org/0000-0002-0888-9030"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Georgia Perakis","raw_affiliation_strings":["MIT Sloan School of Management, Cambridge, MA, USA","MIT Sloan School of Management  Cambridge MA USA"],"affiliations":[{"raw_affiliation_string":"MIT Sloan School of Management, Cambridge, MA, USA","institution_ids":[]},{"raw_affiliation_string":"MIT Sloan School of Management  Cambridge MA USA","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5043753481","display_name":"Robert S. Pindyck","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Robert S. Pindyck","raw_affiliation_strings":["MIT Sloan School of Management, Cambridge, MA, USA","MIT Sloan School of Management  Cambridge MA USA"],"affiliations":[{"raw_affiliation_string":"MIT Sloan School of Management, Cambridge, MA, USA","institution_ids":[]},{"raw_affiliation_string":"MIT Sloan School of Management  Cambridge MA USA","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5015555156"],"corresponding_institution_ids":["https://openalex.org/I1291425158"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.41912844,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"657","last_page":"657"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9937000274658203,"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":0.9937000274658203,"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/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9919999837875366,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"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":0.9056000113487244,"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/demand-curve","display_name":"Demand curve","score":0.8733116388320923},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.6971195936203003},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.6128410696983337},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.5171881914138794},{"id":"https://openalex.org/keywords/market-demand-schedule","display_name":"Market demand schedule","score":0.49740222096443176},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.46648672223091125},{"id":"https://openalex.org/keywords/derived-demand","display_name":"Derived demand","score":0.4584803581237793},{"id":"https://openalex.org/keywords/demand-management","display_name":"Demand management","score":0.45621955394744873},{"id":"https://openalex.org/keywords/complementary-good","display_name":"Complementary good","score":0.42088502645492554},{"id":"https://openalex.org/keywords/inverse-demand-function","display_name":"Inverse demand function","score":0.41553565859794617},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.3416237235069275}],"concepts":[{"id":"https://openalex.org/C176398731","wikidata":"https://www.wikidata.org/wiki/Q8981416","display_name":"Demand curve","level":2,"score":0.8733116388320923},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6971195936203003},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.6128410696983337},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5171881914138794},{"id":"https://openalex.org/C97949498","wikidata":"https://www.wikidata.org/wiki/Q6770793","display_name":"Market demand schedule","level":3,"score":0.49740222096443176},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.46648672223091125},{"id":"https://openalex.org/C192012645","wikidata":"https://www.wikidata.org/wiki/Q3305667","display_name":"Derived demand","level":3,"score":0.4584803581237793},{"id":"https://openalex.org/C179366874","wikidata":"https://www.wikidata.org/wiki/Q1185130","display_name":"Demand management","level":2,"score":0.45621955394744873},{"id":"https://openalex.org/C125258956","wikidata":"https://www.wikidata.org/wiki/Q1049496","display_name":"Complementary good","level":2,"score":0.42088502645492554},{"id":"https://openalex.org/C143685982","wikidata":"https://www.wikidata.org/wiki/Q1376545","display_name":"Inverse demand function","level":3,"score":0.41553565859794617},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.3416237235069275},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1145/2940716.2940734","is_oa":false,"landing_page_url":"https://doi.org/10.1145/2940716.2940734","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 2016 ACM Conference on Economics and Computation","raw_type":"proceedings-article"},{"id":"mag:3144254689","is_oa":false,"landing_page_url":"https://ideas.repec.org/p/nbr/nberwo/21679.html","pdf_url":null,"source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"National Bureau of Economic Research","raw_type":null},{"id":"pmh:oai:RePEc:nbr:nberwo:21679","is_oa":false,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:dspace.mit.edu:1721.1/120729","is_oa":false,"landing_page_url":"http://hdl.handle.net/1721.1/120729","pdf_url":null,"source":{"id":"https://openalex.org/S4306400425","display_name":"DSpace@MIT (Massachusetts Institute of Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I63966007","host_organization_name":"Massachusetts Institute of Technology","host_organization_lineage":["https://openalex.org/I63966007"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Other repository","raw_type":"http://purl.org/eprint/type/ConferencePaper"},{"id":"mag:2947227842","is_oa":false,"landing_page_url":"https://dspace.mit.edu/handle/1721.1/120729","pdf_url":null,"source":{"id":"https://openalex.org/S4306521825","display_name":"Other repository","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":null,"raw_source_name":"Other repository","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.4099999964237213,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W1927141173","https://openalex.org/W3121407226","https://openalex.org/W2140001998","https://openalex.org/W2058346814","https://openalex.org/W2318868572","https://openalex.org/W1015575485","https://openalex.org/W2983578070","https://openalex.org/W2155300024","https://openalex.org/W3123030724","https://openalex.org/W2556833011","https://openalex.org/W2518088309","https://openalex.org/W290082581","https://openalex.org/W1592604885","https://openalex.org/W3122850307","https://openalex.org/W2187183249","https://openalex.org/W3121209898","https://openalex.org/W2904422627","https://openalex.org/W1985590882","https://openalex.org/W2083535719","https://openalex.org/W3124677546"],"abstract_inverted_index":{"How":[0],"should":[1],"a":[2,5,17,88,127],"firm":[3,26,46,101],"price":[4,33,62],"new":[6],"product":[7],"for":[8,126,136],"which":[9],"little":[10],"is":[11,59,78,96],"known":[12,97],"about":[13],"demand?":[14],"We":[15,70,121],"propose":[16],"pricing":[18,148],"rule":[19,58],"that":[20,72],"can":[21,27,35,102],"be":[22,107],"used":[23,83],"if":[24,73,93,114],"the":[25,31,45,52,65,74,100,117,143],"estimate":[28],"(even":[29],"roughly)":[30],"maximum":[32],"it":[34,54,111,115],"charge":[36],"and":[37,44,92,98,141],"still":[38],"expect":[39,103],"to":[40,106,109],"sell":[41],"some":[42],"units,":[43],"need":[47],"not":[48],"know":[49],"in":[50],"advance":[51],"quantity":[53],"will":[55],"sell.":[56],"The":[57],"simple:":[60],"Set":[61],"as":[63],"though":[64],"demand":[66,76,84,119,130,139],"curve":[67,77],"were":[68],"linear.":[69],"show":[71],"true":[75,118],"one":[79],"of":[80,129,146],"many":[81],"commonly":[82],"functions,":[85,131],"or":[86],"even":[87],"more":[89],"complex":[90],"function,":[91],"marginal":[94],"cost":[95],"constant,":[99],"its":[104],"profit":[105,134],"close":[108],"what":[110],"would":[112],"earn":[113],"knew":[116],"curve.":[120],"derive":[122],"analytical":[123],"performance":[124,135],"bounds":[125],"variety":[128],"calculate":[132],"expected":[133],"randomly":[137],"generated":[138],"curves,":[140],"evaluate":[142],"welfare":[144],"implications":[145],"our":[147],"rule.":[149]},"counts_by_year":[],"updated_date":"2026-03-10T16:38:18.471706","created_date":"2025-10-10T00:00:00"}
