Knowledge Assisted Dynamic Pricing for Large-Scale Retailers

• Main Authors: SUNG, Nahk Hyun, LEE, Jae Kyu
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2000
• 主題: Retail pricing models; Expert systems; Price point determination rules; Computer Sciences; Management Information Systems
• 在線閱讀: https://ink.library.smu.edu.sg/sis_research/1157; http://dx.doi.org/10.1016/S0167-9236(99)00095-0
• 機構: Singapore Management University

It is very difficult for large-scale retailers to price thousands of items dynamically reflecting all constraints and policies. To solve this problem, we adopt a combined model approach that contingently selects appropriate pricing models and integrates them. The three proposed models are cost-plus,...