Convex Loss Functions for Contextual Pricing with Observational Posted-Price Data. (arXiv:2202.10944v1 [cs.LG])

We study an off-policy contextual pricing problem where the seller has access
to samples of prices which customers were previously offered, whether they
purchased at that price, and auxiliary features describing the customer and/or
item being sold. This is in contrast to the well-studied setting in which
samples of the customer's valuation (willingness to pay) are observed. In our
setting, the observed data is influenced by the historic pricing policy, and we
do not know how customers would have responded …

arxiv data loss price pricing