Item pricing for revenue maximization

  • Authors:
  • Maria-Florina Balcan;Avrim Blum;Yishay Mansour

  • Affiliations:
  • Microsoft Research, New England;Carnegie Mellon University;Google Inc. and Tel Aviv University

  • Venue:
  • ACM SIGecom Exchanges
  • Year:
  • 2008

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Abstract

In this note we report recent results on item pricing for revenue maximization in the presence of buyers with complex, unknown preferences. We focus on two important classes of settings: buyers with general valuations for the case of items in unlimited supply, and buyers with subadditive valuations for the case of items in limited supply.