Dynamic pricing has become the backbone of modern business models in industries such as e-commerce, hospitality, and transportation. From Airbnb to Uber and Amazon, big companies are leveraging neural bandits—a sophisticated form of multi-armed bandit algorithms—to optimize pricing strategies dynamically. This article will dive into neural bandits, their advanced uses in dynamic pricing, and provide … Continue reading Neural Bandits in Dynamic Pricing: Advanced Cutting-Edge Applications and Algorithms