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Record W3127662496 · doi:10.1109/lcsys.2020.3043591

On Data-Driven Multi-Product Pricing

2020· article· en· W3127662496 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueIEEE Control Systems Letters · 2020
Typearticle
Languageen
FieldDecision Sciences
TopicAdvanced Bandit Algorithms Research
Canadian institutionsMcGill University
Fundersnot available
KeywordsEstimatorComputer scienceBoosting (machine learning)Mathematical optimizationParametric statisticsRobust optimizationTask (project management)Product (mathematics)Machine learningArtificial intelligenceEconometricsMathematicsEconomics

Abstract

fetched live from OpenAlex

To handle optimization with only historical data, we present a novel learning framework combining parametric estimation and pricing optimization in the multi-product pricing problem. Motivated by the existence of errors, we first introduce the task-based learning with decision bias for handling estimation errors, which can lead to better decision making under demand parameter uncertainty. Then, we follow the idea of model-free learning, which can design better revenue estimators without knowing the parameter structure to handle model misspecification. Furthermore, to design a more robust estimator, we incorporate the boosting idea to combine a number of estimators for more robust pricing. We validate the superior performance of this framework with numerical studies.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.006
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.963
Threshold uncertainty score0.998

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.006
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.001
Science and technology studies0.0000.000
Scholarly communication0.0010.001
Open science0.0030.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.002

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.228
GPT teacher head0.408
Teacher spread0.180 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it