Dynamic Pricing Based on Demand Response Using Actor–Critic Agent Reinforcement Learning
Eco-friendly technologies for sustainable energy development require the efficient utilization of energy resources. Real-time pricing (RTP), also known as dynamic pricing, offers advantages over other pricing systems by enabling demand response (DR ...
Ahmed Ismail, Mustafa Baysal
doaj +1 more source
Look-ahead strategies for dynamic pickup and delivery problems [PDF]
In this paper we consider a dynamic full truckload pickup and delivery problem with time-windows. Jobs arrive over time and are offered in a second-price auction. Individual vehicles bid on these jobs and maintain a schedule of the jobs they have won. We
Heijden, Matthieu van der +2 more
core +3 more sources
Optimal Control and Station Relocation of Vehicle-Sharing Systems With Distributed Dynamic Pricing
This paper addresses an optimal control problem for one-way car-sharing systems under dynamic pricing. One-way car-sharing service allows customers to return vehicles to any available station. Although this service provides great convenience to customers,
Kazunori Sakurama
doaj +1 more source
Dynamic Pricing Algorithm for Edge Computing Task Offloading Based on Contextual Multi-Armed Bandit [PDF]
Existing dynamic pricing algorithms for edge computing are based on game-theoretic models and auction mechanisms. With the optimization objective of maximizing a service provider′s total revenue, existing pricing algorithms face difficulties in obtaining
GAN Nan, FU Xiaodong, FENG Yan
doaj +1 more source
Characterisation of Dynamic Pricing Strategies of Airline Tickets -China Southern Airlines as an Example [PDF]
This paper focuses on airlines’ dynamic pricing strategy for air tickets, aiming to explore its diversified features in depth. Dynamic pricing strategy provides a strong impetus for airline operation and revenue optimisation, which is conducive to ...
Li YaJie
doaj +1 more source
Fixed price dynamics versus flexible price dynamics [PDF]
This paper contrasts the dynamical behaviors of fixed and flexible price regimes for a monopolistically competitive manufacturing sector in which firms base decisions on expectations about product demands. (author's abstract)
Currie, Martin, Kubin, Ingrid
openaire +2 more sources
Research on Edge Cloud Resource Pricing Mechanism Based on Stackelberg Game [PDF]
Mobile edge computing (MEC) supports terminal devices to offload tasks or applications to edge cloud server for processing. Edge cloud server will consume local resources when processing external tasks, so it is particularly important to build a resource
LIU Jingxin, WANG Yan, HAN Xiao, XIA Changqing, SONG Baoyan
doaj +1 more source
Pricing Strategies of Logistics Distribution Services for Perishable Commodities
The problem of pricing distribution services is challenging due to the loss in value of product during its distribution process. Four logistics service pricing strategies are constructed in this study, including fixed pricing model, fixed pricing model ...
Tao Li, Yan Chen, Taoying Li
doaj +1 more source
A Dynamic Pricing Model for a Maritime Transportation Service Provider [PDF]
In this study, the dynamic pricing optimization problem faced by the maritime transportation service provider company is considered. The aim is to find optimal prices for each journey for each level of unsold seats by using probabilistic dynamic ...
Seda Coşgun +2 more
doaj +1 more source
Uncertain fractional differential equation (UFDE) is very suitable for describing the dynamic change in uncertain environments. In this paper, we consider the European option pricing problem by applying the Caputo-Hadamard UFDEs to simulate the dynamic ...
Hanjie Liu, Yuanguo Zhu, Yiyu Liu
doaj +1 more source

