Dynamic Pricing and Learning: Historical Origins, Current Research, and New Directions

47 Pages Posted: 4 Oct 2013 Last revised: 30 Aug 2018

See all articles by Arnoud den Boer

Arnoud den Boer

University of Amsterdam - Korteweg-de Vries Institute for Mathematics; University of Amsterdam Business School

Date Written: March 17, 2015

Abstract

The topic of dynamic pricing and learning has received a considerable amount of attention in recent years, from different scientific communities. We survey these literature streams: we provide a brief introduction to the historical origins of quantitative research on pricing and demand estimation, point to different subfields in the area of dynamic pricing, and provide an in-depth overview of the available literature on dynamic pricing and learning. Our focus is on the operations research and management science literature, but we also discuss relevant contributions from marketing, economics, econometrics, and computer science. We discuss relations with methodologically related research areas, and identify directions for future research.

Keywords: dynamic pricing, learning, demand estimation

JEL Classification: C11, C13, D42, L11

Suggested Citation

den Boer, Arnoud, Dynamic Pricing and Learning: Historical Origins, Current Research, and New Directions (March 17, 2015). Available at SSRN: https://ssrn.com/abstract=2334429 or http://dx.doi.org/10.2139/ssrn.2334429

Arnoud Den Boer (Contact Author)

University of Amsterdam - Korteweg-de Vries Institute for Mathematics ( email )

Netherlands

University of Amsterdam Business School ( email )

Roetersstraat 18
Amsterdam, 1018WB
Netherlands

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