Marketing Science 2025

Nonparametric Pricing Bandits Leveraging Informational Externalities to Learn the Demand Curve

Ian C. Weaver¹; Vineet Kumar²; Lalit Jain³

¹ National University of Singapore · ² Yale University · ³ University of Washington

Abstract

We develop monotonic nonparametric Gaussian process bandits based on microeconomic theory for learning the demand curve, leveraging informational externalities to improve pricing decisions.

DOI

10.1287/mksc.2022.0247

Sources

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APA 7 MLA 9 Chicago (author–date) Harvard Elsevier Harvard (JFE, JBF…) The Accounting Review Academy of Management American Marketing Association INFORMS (Management Science) Copy citation Copied ✓