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We consider a dynamic pricing problem where customer response to the current price is impacted by the customer price expectation, aka reference price. We study a simple and novel reference price mechanism where reference price is the…

机器学习 · 计算机科学 2024-07-23 Shipra Agrawal , Wei Tang

This paper proposes a two-stage pricing strategy for nondurable (such as typical electronics) products, where retail price is cut down at certain time points of the product lifecycle. We consider learning effect of electronic products that,…

综合经济学 · 经济学 2021-10-25 Yanrong Li , Lai Wei , Wei Jiang

Federated learning protects users' data privacy through sharing users' local model parameters (instead of raw data) with a server. However, when massive users train a large machine learning model through federated learning, the dynamically…

网络与互联网体系结构 · 计算机科学 2023-10-02 Ningning Ding , Lin Gao , Jianwei Huang

While providing machine learning model as a service to process users' inference requests, online applications can periodically upgrade the model utilizing newly collected data. Federated learning (FL) is beneficial for enabling the training…

分布式、并行与集群计算 · 计算机科学 2023-12-22 Pengchao Han , Shiqiang Wang , Yang Jiao , Jianwei Huang

We study the pricing behavior of third-party platforms facing strategic agents. Assuming the platform is a revenue maximizer, it observes market features that generally affect demand. Since only the equilibrium price and quantity are…

机器学习 · 计算机科学 2025-12-30 Rui Ai , David Simchi-Levi , Feng Zhu

Though federated learning (FL) well preserves clients' data privacy, many clients are still reluctant to join FL given the communication cost and energy consumption in their mobile devices. It is important to design pricing compensations to…

计算机科学与博弈论 · 计算机科学 2022-03-17 Xuehe Wang , Shensheng Zheng , Lingjie Duan

Optimization plays a costly and crucial role in developing machine learning systems. In learned optimizers, the few hyperparameters of commonly used hand-designed optimizers, e.g. Adam or SGD, are replaced with flexible parametric…

机器学习 · 计算机科学 2022-07-19 Luke Metz , C. Daniel Freeman , James Harrison , Niru Maheswaranathan , Jascha Sohl-Dickstein

We study dynamic pricing where a seller repeatedly interacts with a strategic, non-myopic buyer who has a fixed private valuation and discounts future utility. Prior work focused exclusively on posted-price mechanisms, which only extract…

计算机科学与博弈论 · 计算机科学 2026-04-28 Shiliang Zuo

To strengthen data privacy and security, federated learning as an emerging machine learning technique is proposed to enable large-scale nodes, e.g., mobile devices, to distributedly train and globally share models without revealing their…

机器学习 · 计算机科学 2019-10-25 Jiawen Kang , Zehui Xiong , Dusit Niyato , Han Yu , Ying-Chang Liang , Dong In Kim

Feature-based dynamic pricing is an increasingly popular model of setting prices for highly differentiated products with applications in digital marketing, online sales, real estate and so on. The problem was formally studied as an online…

机器学习 · 计算机科学 2021-10-26 Jianyu Xu , Yu-Xiang Wang

Autonomous Mobility-on-Demand (AMoD) systems promise to revolutionize urban transportation by providing affordable on-demand services to meet growing travel demand. However, realistic AMoD markets will be competitive, with multiple…

机器学习 · 计算机科学 2026-03-06 Emil Kragh Toft , Carolin Schmidt , Daniele Gammelli , Filipe Rodrigues

Unfair pricing policies have been shown to be one of the most negative perceptions customers can have concerning pricing, and may result in long-term losses for a company. Despite the fact that dynamic pricing models help companies maximize…

机器学习 · 计算机科学 2018-03-28 Roberto Maestre , Juan Duque , Alberto Rubio , Juan Arévalo

Federated Learning has been introduced as a new machine learning paradigm enhancing the use of local devices. At a server level, FL regularly aggregates models learned locally on distributed clients to obtain a more general model. In this…

机器学习 · 计算机科学 2022-07-19 Anastasiia Usmanova , François Portet , Philippe Lalanda , German Vega

We consider a novel formulation of the dynamic pricing and demand learning problem, where the evolution of demand in response to posted prices is governed by a stochastic variant of the popular Bass model with parameters $\alpha, \beta$…

机器学习 · 计算机科学 2021-03-10 Shipra Agrawal , Steven Yin , Assaf Zeevi

We study the problem of learning shared structure \emph{across} a sequence of dynamic pricing experiments for related products. We consider a practical formulation where the unknown demand parameters for each product come from an unknown…

机器学习 · 计算机科学 2021-01-07 Hamsa Bastani , David Simchi-Levi , Ruihao Zhu

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…

最优化与控制 · 数学 2024-02-26 Gustavo Bramao , Ilia Tarygin

In the era of smart manufacturing and Industry 4.0, the refining industry is evolving towards large-scale integration and flexible production systems. In response to these new demands, this paper presents a novel optimization framework for…

系统与控制 · 电气工程与系统科学 2025-04-14 Zhouchang Li , Runze Lin , Hongye Su , Lei Xie

Online Class-Incremental (OCI) learning has sparked new approaches to expand the previously trained model knowledge from sequentially arriving data streams with new classes. Unfortunately, OCI learning can suffer from catastrophic…

机器学习 · 计算机科学 2023-03-15 Yunfeng Fan , Wenchao Xu , Haozhao Wang , Jiaqi Zhu , Junxiao Wang , Song Guo

Catastrophic forgetting is a significant challenge in the field of machine learning, particularly in neural networks. When a neural network learns to perform well on a new task, it often forgets its previously acquired knowledge or…

机器学习 · 计算机科学 2023-12-04 Nuri Korhan , Ceren Öner

To protect users' right to be forgotten in federated learning, federated unlearning aims at eliminating the impact of leaving users' data on the global learned model. The current research in federated unlearning mainly concentrated on…

计算机科学与博弈论 · 计算机科学 2023-12-05 Ningning Ding , Zhenyu Sun , Ermin Wei , Randall Berry
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