Dynamic Learning with Frequent New Product Launches: A Sequential Multinomial Logit Bandit Problem

Junyu Cao
Junyu Cao

arXiv: Learning, 2019.

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Other Links: academic.microsoft.com|dblp.uni-trier.de|arxiv.org

Abstract:

Motivated by the phenomenon that companies introduce new products to keep abreast with customersu0027 rapidly changing tastes, we consider a novel online learning setting where a profit-maximizing seller needs to learn customersu0027 preferences through offering recommendations, which may contain existing products and new products that ar...More

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