Learning to Price Against a Moving Target
Not on the map. Why?
Abstract (arXiv)
In the Learning to Price setting, a seller posts prices over time with the goal of maximizing revenue while learning the buyer's valuation. This problem is very well understood when values are stationary (fixed or iid). Here we study the problem where the buyer's value is a moving target, i.e., they change over time either by a stochastic process or adversarially with bounded variation. In either case, we provide matching upper and lower bounds on the optimal revenue loss. Since the target is moving, any information learned soon becomes out-dated, which forces the algorithms to keep switching between exploring and exploiting phases.
Key facts. Cited by 5 papers in the map (data through 7 Oct 2026). Builds on 9 of its 23 references that are in the map. First posted on arXiv 8 Jun 2021.
Builds on
9 of 23 references.
References · 9
- 2015Strongly Adaptive Online Learningcited by 102
- 2016Dynamic Pricing in High-dimensionscited by 55
- 2016Multidimensional Binary Search for Contextual Decision-Makingcited by 27
- 2018Contextual Search via Intrinsic Volumescited by 26
- 2018Dynamic Pricing with Finitely Many Unknown Valuationscited by 23
- 2017Small-loss bounds for online learning with partial informationcited by 18
- 2019Semi-parametric dynamic contextual pricingcited by 17
- 2014Perfect Bayesian Equilibria in Repeated Salescited by 6
- 2020Why Do Competitive Markets Converge to First-Price Auctions?cited by 5
Built on by
Citing papers per year: 2023: 4; 2024: 1.
5 papers.
- 2023Pricing with Contextual Elasticity and Heteroscedastic Valuationcited by 5
- 2024Market Making without Regretcited by 4
- 2023Non-Stochastic CDF Estimation Using Threshold Queriescited by 2
- 2023Corruption-Robust Lipschitz Contextual Searchcited by 1
- 2023From Stream to Pool: Pricing Under the Law of Diminishing Marginal Utilitycited by 0
- 2024Market Making without Regret21 Nov 2024
- 2023Pricing with Contextual Elasticity and Heteroscedastic Valuation26 Dec 2023
- 2023From Stream to Pool: Pricing Under the Law of Diminishing Marginal Utility30 Oct 2023
- 2023Corruption-Robust Lipschitz Contextual Search26 Jul 2023
- 2023Non-Stochastic CDF Estimation Using Threshold Queries13 Jan 2023