in the Presence

Pricing with bandits in the long tail: The role of competitive monitoring

A stochastic interaction between two firms

In this paper we construct a dynamic entry deterrence game in which market demand follows the Chan-Karolyi-Longstaff-Sanders (CKLS) stochastic differential equation (SDE). The incumbent firm, whose true strength is privately known, uses advertising and promotional expenditures strategically to shape the entrant’s belie...

Dynamic Learning for Joint Pricing, Advertising, and Inventory Management

Problem definition: Startup firms, often small in size, face the challenge of making cross-functional decisions due to the absence of distinct departments like marketing and operations. These interdependent decisions are further complicated by the lack of historical customer data. As a result, these firms must learn ab...

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AND MULTI -

EXPRESS: Learning to Price under Competition with Reference Price Effects

This paper studies the algorithmic design of price competition in oligopolistic markets, with a focus on long-run market dynamics under reference price effects. We consider a sequential price competition framework with multiple sellers operating over a finite horizon, each lacking prior knowledge of the demand functi...