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This paper presents the results of the Dynamic Pricing Challenge, held on the occasion of the 17th INFORMS Revenue Management and Pricing Section Conference on June 29-30, 2017 in Amsterdam, The Netherlands. For this challenge, participants…
Several approaches have been proposed to forecast day-ahead locational marginal price (daLMP) in deregulated energy markets. The rise of deep learning has motivated its use in energy price forecasts but most deep learning approaches fail to…
Accurate travel products price forecasting is a highly desired feature that allows customers to take informed decisions about purchases, and companies to build and offer attractive tour packages. Thanks to machine learning (ML), it is now…
This paper overviews two interdependent issues important for mining remote sensing data (e.g. images) obtained from atmospheric monitoring missions. The first issue relates the building new public datasets and benchmarks, which are hot…
Our research presents a comprehensive approach to leveraging mobile camera image data for real-time air quality assessment and recommendation. We develop a regression-based Convolutional Neural Network model and tailor it explicitly for air…
The prevalence of e-commerce has made detailed customers' personal information readily accessible to retailers, and this information has been widely used in pricing decisions. When involving personalized information, how to protect the…
Poor roads are a major issue for cars, drivers, and pedestrians since they are a major cause of vehicle damage and can occasionally be quite dangerous for both groups of people (pedestrians and drivers), this makes road surface condition…
With the increasing number of fast-electric vehicle charging stations (fast-EVCSs) and the popularization of information technology, electricity price competition between fast-EVCSs is highly expected, in which the utilization of public…
This paper explores the application of a reinforcement learning (RL) framework using the Q-Learning algorithm to enhance dynamic pricing strategies in the retail sector. Unlike traditional pricing methods, which often rely on static demand…
Machine learning has emerged as a promising paradigm for enabling connected, automated vehicles to autonomously cruise the streets and react to unexpected situations. A key challenge, however, is to collect and select real-time and reliable…
Vehicles of higher automation levels require the creation of situation awareness. One important aspect of this situation awareness is an understanding of the current risk of a driving situation. In this work, we present a novel approach for…
Designing robust frameworks for precise prediction of future prices of stocks has always been considered a very challenging research problem. The advocates of the classical efficient market hypothesis affirm that it is impossible to…
The energy transition is expected to significantly increase the share of renewable energy sources whose production is intermittent in the electricity mix. Apart from key benefits, this development has the major drawback of generating a…
Stock price prediction is a complicated and interesting task. Noisy trends make stock pricing sensitive and complicated while the economical motivation behind, keeps it interesting for researchers and investors. In this paper we are to…
This paper addresses the challenge of parking space detection in urban areas, focusing on the city of Granada. Utilizing aerial imagery, we develop and apply semantic segmentation techniques to accurately identify parked cars, moving cars…
Accurate air quality index (AQI) forecasting is essential for the protecting public health in rapidly growing urban regions, and the practical model evaluation and selection are often challenged by the lack of rigorous, region-specific…
In this paper, we explore a novel combination of supervised learning and quadratic programming to refine dynamic pricing models in the car rental industry. We utilize dynamic modeling of price elasticity, informed by ordinary least squares…
Dynamic pricing is both an opportunity and a challenge to the demand side. It is an opportunity as it better reflects the real time market conditions and hence enables an active demand side. However, demand's active participation does not…
Road transportation is of critical importance for a nation, having profound effects in the economy, the health and life style of its people. With the growth of cities and populations come bigger demands for mobility and safety, creating new…
Monitoring real-time air quality is essential for safeguarding public health and fostering social progress. However, the widespread deployment of air quality monitoring stations is constrained by their significant costs. To address this…