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Demand forecasting is extremely important in revenue management. After all, it is one of the inputs to an optimisation method which aim is to maximize revenue. Most, if not all, forecasting methods use historical data to forecast the…

Optimization and Control · Mathematics 2021-03-16 Daniel Hopman , Ger Koole , Rob van der Mei

Price prediction is one of the examples related to forecasting tasks and is a project based on data science. Price prediction analyzes data and predicts the cost of new products. The goal of this research is to achieve an arrangement to…

Computer Vision and Pattern Recognition · Computer Science 2021-04-05 Aidin Zehtab-Salmasi , Ali-Reza Feizi-Derakhshi , Narjes Nikzad-Khasmakhi , Meysam Asgari-Chenaghlu , Saeideh Nabipour

When an individual purchases a home, they simultaneously purchase its structural features, its accessibility to work, and the neighborhood amenities. Some amenities, such as air quality, are measurable while others, such as the prestige or…

Econometrics · Economics 2019-10-22 Stephen Law , Brooks Paige , Chris Russell

Traditional round-trip car rental systems mandate users to return vehicles to their point of origin, limiting the system adaptability to meet diverse mobility demands. This constraint often leads to fleet under-utilization and incurs high…

Systems and Control · Electrical Eng. & Systems 2024-07-12 Avalpreet Singh Brar , Rong Su , Gioele Zardini , Jaskaranveer Kaur

In recent years, what has become known as collaborative consumption has undergone rapid expansion through peer-to-peer (P2P) platforms. In the field of tourism, a particularly notable example is that of Airbnb. This article analyses the…

Social and Information Networks · Computer Science 2017-05-24 Javier Gutierrez , Juan Carlos Garcia-Palomares , Gustavo Romanillos , Maria Henar Salas-Olmedo

In online marketplaces, customers have access to hundreds of reviews for a single product. Buyers often use reviews from other customers that share their type -- such as height for clothing, skin type for skincare products, and location for…

Computer Science and Game Theory · Computer Science 2023-09-12 Wenshuo Guo , Nika Haghtalab , Kirthevasan Kandasamy , Ellen Vitercik

The housing crisis in Ireland has rapidly grown in recent years. To make a more significant profit, many landlords are no longer renting out their houses under long-term tenancies but under short-term tenancies. The shift from long-term to…

Social and Information Networks · Computer Science 2022-12-01 Guowen Liu , Inmaculada Arnedillo-Sanchez , Zhenshuo Chen

Advertising options have been recently studied as a special type of guaranteed contracts in online advertising, which are an alternative sales mechanism to real-time auctions. An advertising option is a contract which gives its buyer a…

Computer Science and Game Theory · Computer Science 2018-08-29 Bowei Chen , Mohan Kankanhalli

Session-based recommendation intends to predict next purchased items based on anonymous behavior sequences. Numerous economic studies have revealed that item price is a key factor influencing user purchase decisions. Unfortunately, existing…

Information Retrieval · Computer Science 2023-11-03 Xiaokun Zhang , Bo Xu , Fenglong Ma , Chenliang Li , Yuan Lin , Hongfei Lin

In recent years several complaints about racial discrimination in appraising home values have been accumulating. For several decades, to estimate the sale price of the residential properties, appraisers have been walking through the…

Econometrics · Economics 2021-10-15 Mahdieh Yazdani

Recommendation based on user preferences is a common task for e-commerce websites. New recommendation algorithms are often evaluated by offline comparison to baseline algorithms such as recommending random or the most popular items. Here,…

Cars are being sold more than ever. Developing countries adopt the lease culture instead of buying a new car due to affordability. Therefore, the rise of used cars sales is exponentially increasing. Car sellers sometimes take advantage of…

Computers and Society · Computer Science 2017-11-21 Nabarun Pal , Priya Arora , Dhanasekar Sundararaman , Puneet Kohli , Sai Sumanth Palakurthy

We represent the functioning of the housing market and study the relation between income segregation, income inequality and house prices by introducing a spatial Agent-Based Model (ABM). Differently from traditional models in urban…

Economics · Quantitative Finance 2018-10-23 Marco Pangallo , Jean Pierre Nadal , Annick Vignes

Used car pricing is a critical aspect of the automotive industry, influenced by many economic factors and market dynamics. With the recent surge in online marketplaces and increased demand for used cars, accurate pricing would benefit both…

Machine Learning · Computer Science 2025-01-09 Kiran Madhusudhanan , Gunnar Behrens , Maximilian Stubbemann , Lars Schmidt-Thieme

In many countries, real estate appraisal is based on conventional methods that rely on appraisers' abilities to collect data, interpret it and model the price of a real estate property. With the increasing use of real estate online…

General Economics · Economics 2022-01-19 Vladimir Vargas-Calderón , Jorge E. Camargo

Stock price prediction is a challenging task, but machine learning methods have recently been used successfully for this purpose. In this paper, we extract over 270 hand-crafted features (factors) inspired by technical and quantitative…

Statistical Finance · Quantitative Finance 2020-07-01 Adamantios Ntakaris , Juho Kanniainen , Moncef Gabbouj , Alexandros Iosifidis

With the rapid growth of the cloud computing marketplace, the issue of pricing resources in the cloud has been the subject of much study in recent years. In this paper, we identify and study a new issue: how to price resources in the cloud…

Computer Science and Game Theory · Computer Science 2016-10-04 Kamal Jain , Tung Mai , Vijay V. Vazirani

Internet advertisers (buyers) repeatedly procure ad impressions from ad platforms (sellers) with the aim to maximize total conversion (i.e. ad value) while respecting both budget and return-on-investment (ROI) constraints for efficient…

Computer Science and Game Theory · Computer Science 2023-02-08 Negin Golrezaei , Patrick Jaillet , Jason Cheuk Nam Liang , Vahab Mirrokni

Understanding how images influence the world, interpreting which effects their semantics have on various quantities and exploring the reasons behind changes in image-based predictions are highly difficult yet extremely interesting problems.…

Computer Vision and Pattern Recognition · Computer Science 2024-05-07 Arik Reuter , Anton Thielmann , Benjamin Saefken

This paper proposes a novel energy storage price arbitrage algorithm combining supervised learning with dynamic programming. The proposed approach uses a neural network to directly predicts the opportunity cost at different energy storage…

Systems and Control · Electrical Eng. & Systems 2022-11-22 Ningkun Zheng , Xiaoxiang Liu , Bolun Xu , Yuanyuan Shi
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