Business Administration - Research Publications

Permanent URI for this collection

http://hdl.handle.net/11343/51737

Filters

2016 1
1
Reset filters

Settings
Statistics
Citations
End date: 2022 × Type: Conference Paper × Author: ABELIUK, ANDRES ×

Search Results

Now showing 1 - 1 of 1
  • Item
    Thumbnail Image
    Asymptotic Optimality of Myopic Optimization in Trial-Offer Markets with Social Influence
    BERBEGLIA, G ; Abeliuk, A ; Maldonado, F ; Van Hentenryck, P (AAAI Press / International Joint Conferences on Artificial Intelligence, 2016)
    We study dynamic trial-offer markets, in which participants first try a product and later decide whether to purchase it or not. In these markets, social influence and position biases have a greater effect on the decisions taken in the sampling stage than those in the buying stage. We consider a myopic policy that maximizes the market efficiency for each incoming participant, taking into account the inherent quality of products, position biases, and social influence. We prove that this myopic policy is optimal and predictable asymptotically.