作者：Araman, Victor F.; Fayad, Bassam
作者单位：American University of Beirut; Sorbonne Universite; Universite Paris Cite
摘要：A firm that sells a nonperishable product considers intertemporal price discrimination in the objective of maximizing its long-run average revenue. We consider a general model of patient customers with changing valuations. Arriving customers wait for a random but bounded length of time and purchase the product when its price falls below their valuation, which varies following a stochastic process. We show the optimality of a class of cyclic strategies and obtain an algorithm that yields them. ...
作者：Golrezaei, Negin; Javanmard, Adel; Mirrokni, Vahab
作者单位：Massachusetts Institute of Technology (MIT); University of Southern California; Alphabet Inc.; Google Incorporated
摘要：Motivated by pricing in ad exchange markets, we consider the problem of robust learning of reserve prices against strategic buyers in repeated contextual second-price auctions. Buyers' valuations for an item depend on the context that describes the item. However, the seller is not aware of the relationship between the context and buyers' valuations (i.e., buyers' preferences). The seller's goal is to design a learning policy to set reserve prices via observing the past sales data, and her obje...
