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Data-driven Vs. Theory-driven Approaches To E-SellingFinding The Profit Maximizing Sales Price To A Product Sold Online Compares To The Multi-armed Bandit Problem In The Sense That The Seller Wants To Learn The Respective Probabilities Of A Sale (success) Given Different Prices (arms). Contrary To The Standard Formulation Of The Multi-armed Bandit … 2th, 2024


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