Exploring Algorithmic Pricing: A Comprehensive Research Design Approach

This blog discusses a four-stage research design focusing on algorithmic pricing's impact on supply-demand elasticity. It covers data collection, model optimization, and validation through simulation experiments, aiming to enhance understanding of market dynamics and improve pricing strategies using advanced machine learning techniques.

5/8/20241 min read

A person wearing a yellow hat and a plaid apron is sitting at a makeshift market stall. The table is covered with a red cloth and several containers of strawberries are displayed for sale, with price tags of 100, 80, and 50. The background consists of a corrugated metal wall.
A person wearing a yellow hat and a plaid apron is sitting at a makeshift market stall. The table is covered with a red cloth and several containers of strawberries are displayed for sale, with price tags of 100, 80, and 50. The background consists of a corrugated metal wall.

Dynamic pricing analysis