{"id":"https://openalex.org/W4416124391","doi":"https://doi.org/10.1287/mnsc.2023.00320","title":"Collaborative Learning and Decision Making on Pricing and Recommendation: A Simple Framework for Planning","display_name":"Collaborative Learning and Decision Making on Pricing and Recommendation: A Simple Framework for Planning","publication_year":2025,"publication_date":"2025-11-11","ids":{"openalex":"https://openalex.org/W4416124391","doi":"https://doi.org/10.1287/mnsc.2023.00320"},"language":"en","primary_location":{"id":"doi:10.1287/mnsc.2023.00320","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2023.00320","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-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/A5002422731","display_name":"Junyu Cao","orcid":"https://orcid.org/0000-0001-9235-1411"},"institutions":[{"id":"https://openalex.org/I86519309","display_name":"The University of Texas at Austin","ror":"https://ror.org/00hj54h04","country_code":"US","type":"education","lineage":["https://openalex.org/I86519309"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Junyu Cao","raw_affiliation_strings":["McCombs School of Business, The University of Texas at Austin, Austin, Texas 78712"],"raw_orcid":"https://orcid.org/0000-0001-9235-1411","affiliations":[{"raw_affiliation_string":"McCombs School of Business, The University of Texas at Austin, Austin, Texas 78712","institution_ids":["https://openalex.org/I86519309"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5002422731"],"corresponding_institution_ids":["https://openalex.org/I86519309"],"apc_list":null,"apc_paid":null,"fwci":1.0889,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.83333769,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":94,"max":97},"biblio":{"volume":"72","issue":"8","first_page":"6472","last_page":"6492"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.22310000658035278,"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"}},"topics":[{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.22310000658035278,"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"}},{"id":"https://openalex.org/T10991","display_name":"Game Theory and Voting Systems","score":0.12630000710487366,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11596","display_name":"Constraint Satisfaction and Optimization","score":0.10379999876022339,"subfield":{"id":"https://openalex.org/subfields/1705","display_name":"Computer Networks and Communications"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/context","display_name":"Context (archaeology)","score":0.6322000026702881},{"id":"https://openalex.org/keywords/ranking","display_name":"Ranking (information retrieval)","score":0.5968999862670898},{"id":"https://openalex.org/keywords/greedy-algorithm","display_name":"Greedy algorithm","score":0.5472999811172485},{"id":"https://openalex.org/keywords/simple","display_name":"Simple (philosophy)","score":0.49309998750686646},{"id":"https://openalex.org/keywords/process","display_name":"Process (computing)","score":0.46050000190734863},{"id":"https://openalex.org/keywords/decision-support-system","display_name":"Decision support system","score":0.33869999647140503},{"id":"https://openalex.org/keywords/learning-to-rank","display_name":"Learning to rank","score":0.33160001039505005}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.7872999906539917},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.6322000026702881},{"id":"https://openalex.org/C189430467","wikidata":"https://www.wikidata.org/wiki/Q7293293","display_name":"Ranking (information retrieval)","level":2,"score":0.5968999862670898},{"id":"https://openalex.org/C51823790","wikidata":"https://www.wikidata.org/wiki/Q504353","display_name":"Greedy algorithm","level":2,"score":0.5472999811172485},{"id":"https://openalex.org/C2780586882","wikidata":"https://www.wikidata.org/wiki/Q7520643","display_name":"Simple (philosophy)","level":2,"score":0.49309998750686646},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.46050000190734863},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.4277999997138977},{"id":"https://openalex.org/C107327155","wikidata":"https://www.wikidata.org/wiki/Q330268","display_name":"Decision support system","level":2,"score":0.33869999647140503},{"id":"https://openalex.org/C86037889","wikidata":"https://www.wikidata.org/wiki/Q4330127","display_name":"Learning to rank","level":3,"score":0.33160001039505005},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.33009999990463257},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.31839999556541443},{"id":"https://openalex.org/C138020889","wikidata":"https://www.wikidata.org/wiki/Q2349659","display_name":"Collaborative learning","level":2,"score":0.3075999915599823},{"id":"https://openalex.org/C85345410","wikidata":"https://www.wikidata.org/wiki/Q851587","display_name":"Business process","level":3,"score":0.305400013923645},{"id":"https://openalex.org/C20701700","wikidata":"https://www.wikidata.org/wiki/Q388791","display_name":"Group decision-making","level":2,"score":0.2980000078678131},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.2953000068664551},{"id":"https://openalex.org/C2775924081","wikidata":"https://www.wikidata.org/wiki/Q55608371","display_name":"Control (management)","level":2,"score":0.2953000068664551},{"id":"https://openalex.org/C97541855","wikidata":"https://www.wikidata.org/wiki/Q830687","display_name":"Reinforcement learning","level":2,"score":0.2896000146865845},{"id":"https://openalex.org/C205875254","wikidata":"https://www.wikidata.org/wiki/Q17156857","display_name":"Decentralised system","level":3,"score":0.2858999967575073},{"id":"https://openalex.org/C539667460","wikidata":"https://www.wikidata.org/wiki/Q2414942","display_name":"Management science","level":1,"score":0.2581000030040741}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1287/mnsc.2023.00320","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2023.00320","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":43,"referenced_works":["https://openalex.org/W2035507034","https://openalex.org/W2052316683","https://openalex.org/W2061753713","https://openalex.org/W2065398693","https://openalex.org/W2115293355","https://openalex.org/W2130520598","https://openalex.org/W2131771069","https://openalex.org/W2138859735","https://openalex.org/W2144007493","https://openalex.org/W2149721706","https://openalex.org/W2161509455","https://openalex.org/W2220411867","https://openalex.org/W2728461820","https://openalex.org/W2888476157","https://openalex.org/W2942694712","https://openalex.org/W2982528763","https://openalex.org/W2995022099","https://openalex.org/W3021654819","https://openalex.org/W3024987513","https://openalex.org/W3025672821","https://openalex.org/W3044872185","https://openalex.org/W3112915211","https://openalex.org/W3121665968","https://openalex.org/W3122066005","https://openalex.org/W3122960105","https://openalex.org/W3122984617","https://openalex.org/W3123440875","https://openalex.org/W3124368401","https://openalex.org/W3125579698","https://openalex.org/W3125634603","https://openalex.org/W3132995834","https://openalex.org/W3175901868","https://openalex.org/W3201081331","https://openalex.org/W4206275166","https://openalex.org/W4206530644","https://openalex.org/W4220993554","https://openalex.org/W4306950982","https://openalex.org/W4386325259","https://openalex.org/W4387342619","https://openalex.org/W4402169742","https://openalex.org/W4402310545","https://openalex.org/W4407027028","https://openalex.org/W4413579331"],"related_works":[],"abstract_inverted_index":{"We":[0,44,125,180],"formulate":[1],"a":[2,39,46,65,86,98,106,153],"collaborative":[3],"learning":[4,53,122],"and":[5,16,93,105,116,123,171,174,188,222],"decision-making":[6,29,71],"problem":[7,173],"involving":[8],"contextual":[9],"information.":[10],"In":[11],"current":[12],"business":[13],"practices,":[14],"pricing":[15,170],"recommendation":[17],"decisions":[18,81],"often":[19],"are":[20,82,225],"made":[21],"jointly":[22],"by":[23,37,211],"multiple":[24],"teams":[25,33,75],"in":[26,57,64,73],"sequence.":[27],"The":[28,61,141,219],"processes":[30],"for":[31,102,113,146,202],"different":[32,203],"can":[34,132],"be":[35],"controlled":[36],"either":[38,147],"centralized":[40,103,115,148],"or":[41,149],"decentralized":[42,66,117,150],"planner.":[43],"propose":[45,97],"simple":[47,99],"collaboration":[48],"framework":[49,67,166],"that":[50,69,127],"integrates":[51],"the":[52,70,79,121,128,134,168,176,194,198],"about":[54,89],"decision":[55],"making":[56],"an":[58],"unknown":[59],"environment.":[60],"main":[62],"challenge":[63],"is":[68,76],"process":[72],"other":[74],"unknown,":[77],"but":[78],"subsequent":[80],"mutually":[83],"dependent.":[84],"From":[85],"practical":[87],"concern":[88],"high":[90],"exploration":[91],"costs":[92],"implementation":[94],"complexity,":[95],"we":[96,158,163],"greedy":[100,130],"algorithm":[101,112,131,143],"planners":[104,118,151],"\u201cgreedy\u201d":[107],"+":[108],"\u201cweighted":[109],"sampling\u201d":[110],"(GWS)":[111],"both":[114],"to":[119,167],"balance":[120],"earning.":[124],"show":[126,193],"exploration-free":[129],"achieve":[133],"optimal":[135],"rate":[136],"when":[137],"context":[138,160],"diversity":[139],"holds.":[140],"GWS":[142],"works":[144],"effectively":[145],"under":[152],"much":[154],"weaker":[155],"condition,":[156],"which":[157],"call":[159],"variation.":[161],"Furthermore,":[162],"extend":[164],"our":[165,182],"multiproduct":[169],"ranking":[172],"study":[175],"model":[177],"misspecification":[178],"issue.":[179],"validate":[181],"results":[183],"using":[184],"simulations":[185],"on":[186],"synthetic":[187],"real":[189],"data.":[190],"Numerical":[191],"studies":[192],"superior":[195],"performance":[196],"of":[197,205],"two":[199],"proposed":[200],"frameworks":[201],"types":[204],"planners.":[206],"This":[207],"paper":[208],"was":[209],"accepted":[210],"J.":[212],"George":[213],"Shanthikumar,":[214],"data":[215,223],"science.":[216],"Supplemental":[217],"Material:":[218],"online":[220],"appendices":[221],"files":[224],"available":[226],"at":[227],"https://doi.org/10.1287/mnsc.2023.00320":[228],".":[229]},"counts_by_year":[{"year":2026,"cited_by_count":1}],"updated_date":"2026-08-06T08:24:18.245995","created_date":"2025-11-11T00:00:00"}
