Nonparametric Pricing Bandits Leveraging Informational Externalities to Learn the Demand Curve
We develop monotonic nonparametric Gaussian process bandits based on microeconomic theory for learning the demand curve, leveraging informational externalities to improve pricing decisions.
Authors
- Lalit Jain (ORCID: https://orcid.org/0000-0002-1087-724X)
- Vineet Kumar (ORCID: https://orcid.org/0000-0001-8784-6858)
- Ian C. Weaver (ORCID: https://orcid.org/0000-0001-8040-0896)
Institutions
- National University of Singapore (SG)
- University of Washington (US)
- Yale University (US)
Publication Details
- Journal
- Marketing Science
- Published
- 2025-09-26
- DOI
- https://doi.org/10.1287/mksc.2022.0247
- Primary Topic
- Advanced Bandit Algorithms Research
- Type
- article
- Field-Weighted Citation Impact
- 0.00