Dynamic Pricing with Limited Supply

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Dynamic Pricing with Limited Supply ( extended abstract ) ∗

We consider the problem of designing revenue maximizing online posted-price mechanisms when the seller has limited supply. A seller has k identical items for sale and is facing n potential buyers (“agents”) that are arriving sequentially. Each agent is interested in buying one item. Each agent’s value for an item is an independent sample from some fixed (but unknown) distribution with support [...

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ژورنال

عنوان ژورنال: ACM Transactions on Economics and Computation

سال: 2015

ISSN: 2167-8375,2167-8383

DOI: 10.1145/2559152