Operationalizing Dynamic Pricing Models: Bayesian Demand Forecasting and Custome

Description: Operationalizing Dynamic Pricing Models by Steffen Christ Steffen Christ shows how theoretic optimization models can be operationalized by employing self-learning strategies to construct relevant input variables, such as latent demand and customer price sensitivity. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description Steffen Christ shows how theoretic optimization models can be operationalized by employing self-learning strategies to construct relevant input variables, such as latent demand and customer price sensitivity. Back Cover Dynamic Pricing of services has become the norm for many young service industries - especially in todays volatile markets. Steffen Christ shows how theoretic optimization models can be operationalized by employing self-learning strategies to construct relevant input variables, such as latent demand and customer price sensitivity. He proves that the development of the necessary forecasting models is indeed possible, i.e., through the usage of real-time data of online sales channels. Author Biography Dr. Steffen Christ wrote his dissertation at the Institute of Statistics and Mathematical Economics of Prof. Dr. Robert Klein at the University of Augsburg. Table of Contents Dynamic Pricing; Forecasting Latent Demand; Self-Learning Linear Models; Estimating Price Sensitivity; Discrete Customer Choice Analysis Feature Includes supplementary material: sn.pub/extras Description for Sales People Dynamic Pricing of services has become the norm for many young service industries - especially in todays volatile markets. Steffen Christ shows how theoretic optimization models can be operationalized by employing self-learning strategies to construct relevant input variables, such as latent demand and customer price sensitivity. He proves that the development of the necessary forecasting models is indeed possible, i.e., through the usage of real-time data of online sales channels. Details ISBN383492749X Author Steffen Christ Language English ISBN-10 383492749X ISBN-13 9783834927491 Format Paperback Subtitle Bayesian Demand Forecasting and Customer Choice Modeling for Low Cost Carriers Year 2011 Publication Date 2011-01-13 Short Title OPERATIONALIZING DYNAMIC PRICI Media Book Country of Publication Germany Translated from German Pages 351 Edition 2011th DOI 10.1007/978-3-8349-6184-6 UK Release Date 2011-01-13 Imprint Gabler Place of Publication Wiesbaden Publisher Gabler Edition Description 2011 ed. DEWEY 658.816 Audience Professional & Vocational Illustrations 116 Illustrations, black and white; XXVII, 351 p. 116 illus. We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:96276366;

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