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Personalised versus Posted Pricing from Samples

Kleer, Pieter et al.
arXiv (All) · Papers
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data-structures-and-algorithmsoptimization-and-control
Personalised pricing maximises expected revenue from a market but requires detailed information about individual customers. How much of this revenue can be recovered using a simple posted price based on a finite number of samples from the underlying value distribution? We answer this question by max
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