Competitive algorithms for online pricing | |
Zhang Yong; Francis Y. L.; Chin Hing-Fung Ting | |
2011 | |
会议名称 | 17th Annual International Computing and Combinatorics Conference |
会议地点 | Dallas |
英文摘要 | Given a seller with m amount of items, a sequence of users {u1, u2, ...} come one by one, the seller must set the unit price and assign some amount of items to each user on his/her arrival. Items can be sold fractionally. Each ui has his/her value function vi (·) such that vi (x) is the highest unit price ui is willing to pay for x items. The objective is to maximize the revenue by setting the price and amount of items for each user. In this paper, we have the following contributions: if the highest value h among all vi (x) is known in advance, we first show the lower bound of the competitive ratio is O(logh), then give an online algorithm with competitive ratio O(logh); if h is not known in advance, we give an online algorithm with competitive ratio O(h3log-1/2h). © 2011 Springer-Verlag.(11 refs) |
收录类别 | EI |
语种 | 英语 |
内容类型 | 会议论文 |
源URL | [http://ir.siat.ac.cn:8080/handle/172644/3577] |
专题 | 深圳先进技术研究院_数字所 |
作者单位 | 2011 |
推荐引用方式 GB/T 7714 | Zhang Yong,Francis Y. L.,Chin Hing-Fung Ting. Competitive algorithms for online pricing[C]. 见:17th Annual International Computing and Combinatorics Conference. Dallas. |
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