dynamic pricing

DataFunSummit

Mar 19, 2024 · Artificial Intelligence

Modeling Price-Demand Relationships for Online Hotel Booking: Demand Functions, Causal Inference, and Multi-Scenario Joint Modeling

This article explores the challenges of estimating hotel occupancy in online booking platforms and presents four comprehensive approaches—background analysis, demand‑function based quantity‑price modeling, causal‑inference modeling, and multi‑scenario joint modeling—highlighting novel models, datasets, and experimental results for dynamic pricing optimization.

Demand Modelingcausal inferencedynamic pricing

0 likes · 11 min read

Modeling Price-Demand Relationships for Online Hotel Booking: Demand Functions, Causal Inference, and Multi-Scenario Joint Modeling

DataFunTalk

May 19, 2020 · Fundamentals

Optimal Auction Mechanisms, Reserve Prices, Dynamic Pricing, and Budget Pacing in Online Advertising

This article explains the economic foundations of optimal auction mechanisms in online advertising, covering virtual valuations, market reserve price, dynamic reserve price, price‑compression factors, and practical budget‑pacing techniques used by platforms such as LinkedIn and Yahoo to balance spend and performance.

advertisingauction theorybudget pacing

0 likes · 24 min read

Optimal Auction Mechanisms, Reserve Prices, Dynamic Pricing, and Budget Pacing in Online Advertising

JD Tech

Apr 9, 2018 · Artificial Intelligence

Dynamic Pricing, Route Planning, and Order Assignment in Dada's Instant Logistics Platform

The article describes how Dada leverages artificial‑intelligence techniques such as multi‑dimensional supply‑demand forecasting, real‑time dynamic pricing, genetic‑algorithm‑based route planning, and multi‑objective order assignment to optimize its crowd‑sourced instant logistics operations.

dynamic pricinggenetic algorithmlogistics AI

0 likes · 6 min read

Dynamic Pricing, Route Planning, and Order Assignment in Dada's Instant Logistics Platform

Dada Group Technology

Nov 22, 2017 · Artificial Intelligence

Dynamic Pricing, Route Planning, and Order Assignment at Dada‑JD Daojia: Algorithms and Practices

At PyCon China 2023, Dada‑JD Daojia’s algorithm team presented their AI‑driven practices for dynamic pricing, route planning, and order assignment, detailing how multi‑dimensional supply‑demand balancing, genetic‑algorithm‑based TSP solutions, and multi‑objective optimization improve real‑time logistics efficiency.

Route Planningdynamic pricinglogistics AI

0 likes · 8 min read

Dynamic Pricing, Route Planning, and Order Assignment at Dada‑JD Daojia: Algorithms and Practices

Architects' Tech Alliance

Mar 5, 2017 · Product Management

Dynamic Pricing Strategy in the Sharing Economy: Principles, Benefits, and Applications

Dynamic pricing strategy, as used by Uber and other sharing‑economy platforms, adjusts prices to balance supply and demand, leveraging economic incentives, algorithmic calculations, and real‑time data, and its benefits, drawbacks, and practical applications across ride‑hailing, delivery, and crowdsourcing services are examined.

Uberdynamic pricingpricing strategy

0 likes · 11 min read

Dynamic Pricing Strategy in the Sharing Economy: Principles, Benefits, and Applications

Qunar Tech Salon

Oct 22, 2015 · Artificial Intelligence

Airbnb’s Dynamic Pricing System and Machine‑Learning Platform (Aerosolve)

The article describes how Airbnb built and continuously improved a machine‑learning‑driven dynamic pricing tool—Aerosolve—that extracts property features, compares similar listings, incorporates seasonal and event‑driven demand, and automatically updates nightly price suggestions to help hosts set optimal rates.

Airbnbalgorithmdata science

0 likes · 18 min read

Airbnb’s Dynamic Pricing System and Machine‑Learning Platform (Aerosolve)