Matches in SemOpenAlex for { <https://semopenalex.org/work/W162540202> ?p ?o ?g. }
- W162540202 abstract "In a complex supply chain, in which several traders compete in a component procurement market as well as in a sales market where assembled products are sold through reverse auctions, product pricing is a vital, yet non-trivial task. In this thesis, a product pricing approach using adaptive real-time regime-based probability of acceptance estimations is proposed. Based on economic regime estimations, price distributions are approximated, which are adapted using relevant available information on prices and characteristics of customer requests for quotes. Artificial neural networks are trained to act as adapter and estimate parameters for the double-bounded log-logistic function assumed to be underlying the prices. This adaptation differs per market condition and is corrected using an error factor, which is updated on-line. Given the parametric approximation of the price distribution, the probability of acceptance is estimated using a closed-form mathematical expression. This expression can then be used to determine the price yielding a desired quota. The approach is implemented in the MinneTAC trading agent and tested against a price-following product pricing approach in the TAC SCM game. The new product pricing approach yields a significant performance improvement; more orders are obtained against higher prices. Profits are more than doubled." @default.
- W162540202 created "2016-06-24" @default.
- W162540202 creator A5034797623 @default.
- W162540202 date "2009-12-16" @default.
- W162540202 modified "2023-09-27" @default.
- W162540202 title "Product Pricing using Adaptive Real-Time Regime-Based Acceptance Probability Estimates" @default.
- W162540202 cites W1529353710 @default.
- W162540202 cites W1543026999 @default.
- W162540202 cites W1547192778 @default.
- W162540202 cites W1570448133 @default.
- W162540202 cites W1599745714 @default.
- W162540202 cites W1992176519 @default.
- W162540202 cites W1994085874 @default.
- W162540202 cites W1997472264 @default.
- W162540202 cites W1999448666 @default.
- W162540202 cites W2008409947 @default.
- W162540202 cites W2012377075 @default.
- W162540202 cites W2014231230 @default.
- W162540202 cites W2024082878 @default.
- W162540202 cites W2029320344 @default.
- W162540202 cites W2071467620 @default.
- W162540202 cites W2074812030 @default.
- W162540202 cites W2075865128 @default.
- W162540202 cites W2083869982 @default.
- W162540202 cites W2106671561 @default.
- W162540202 cites W2108457651 @default.
- W162540202 cites W2112687729 @default.
- W162540202 cites W2120859843 @default.
- W162540202 cites W2123675832 @default.
- W162540202 cites W2124819827 @default.
- W162540202 cites W2127218421 @default.
- W162540202 cites W2130841804 @default.
- W162540202 cites W2132402863 @default.
- W162540202 cites W2147830558 @default.
- W162540202 cites W2148917048 @default.
- W162540202 cites W2150082329 @default.
- W162540202 cites W2152891778 @default.
- W162540202 cites W2161370525 @default.
- W162540202 cites W2163069897 @default.
- W162540202 cites W2165695298 @default.
- W162540202 cites W2801840425 @default.
- W162540202 cites W3122179711 @default.
- W162540202 cites W3123092160 @default.
- W162540202 cites W597288515 @default.
- W162540202 hasPublicationYear "2009" @default.
- W162540202 type Work @default.
- W162540202 sameAs 162540202 @default.
- W162540202 citedByCount "0" @default.
- W162540202 crossrefType "journal-article" @default.
- W162540202 hasAuthorship W162540202A5034797623 @default.
- W162540202 hasConcept C105795698 @default.
- W162540202 hasConcept C108713360 @default.
- W162540202 hasConcept C126255220 @default.
- W162540202 hasConcept C144133560 @default.
- W162540202 hasConcept C149441793 @default.
- W162540202 hasConcept C149782125 @default.
- W162540202 hasConcept C162324750 @default.
- W162540202 hasConcept C162853370 @default.
- W162540202 hasConcept C175444787 @default.
- W162540202 hasConcept C187736073 @default.
- W162540202 hasConcept C201650216 @default.
- W162540202 hasConcept C2524010 @default.
- W162540202 hasConcept C33923547 @default.
- W162540202 hasConcept C41008148 @default.
- W162540202 hasConcept C90673727 @default.
- W162540202 hasConceptScore W162540202C105795698 @default.
- W162540202 hasConceptScore W162540202C108713360 @default.
- W162540202 hasConceptScore W162540202C126255220 @default.
- W162540202 hasConceptScore W162540202C144133560 @default.
- W162540202 hasConceptScore W162540202C149441793 @default.
- W162540202 hasConceptScore W162540202C149782125 @default.
- W162540202 hasConceptScore W162540202C162324750 @default.
- W162540202 hasConceptScore W162540202C162853370 @default.
- W162540202 hasConceptScore W162540202C175444787 @default.
- W162540202 hasConceptScore W162540202C187736073 @default.
- W162540202 hasConceptScore W162540202C201650216 @default.
- W162540202 hasConceptScore W162540202C2524010 @default.
- W162540202 hasConceptScore W162540202C33923547 @default.
- W162540202 hasConceptScore W162540202C41008148 @default.
- W162540202 hasConceptScore W162540202C90673727 @default.
- W162540202 hasLocation W1625402021 @default.
- W162540202 hasOpenAccess W162540202 @default.
- W162540202 hasPrimaryLocation W1625402021 @default.
- W162540202 hasRelatedWork W102242804 @default.
- W162540202 hasRelatedWork W1489596076 @default.
- W162540202 hasRelatedWork W1965711083 @default.
- W162540202 hasRelatedWork W1982846429 @default.
- W162540202 hasRelatedWork W2018079524 @default.
- W162540202 hasRelatedWork W2046840807 @default.
- W162540202 hasRelatedWork W2114885300 @default.
- W162540202 hasRelatedWork W2118352041 @default.
- W162540202 hasRelatedWork W2123051409 @default.
- W162540202 hasRelatedWork W2128292083 @default.
- W162540202 hasRelatedWork W2130176000 @default.
- W162540202 hasRelatedWork W2201062262 @default.
- W162540202 hasRelatedWork W2312628025 @default.
- W162540202 hasRelatedWork W2513930932 @default.
- W162540202 hasRelatedWork W3120832306 @default.
- W162540202 hasRelatedWork W3121598232 @default.
- W162540202 hasRelatedWork W3145666986 @default.