How to model non-linear demand function?
$begingroup$
I am trying to build a dynamic pricing algorithm on intermittent data (a lot of zeros between non-zero values). However, it seems to be quite difficult to predict the right price due to various reasons (non-regular demand, intermittent data, noises etc) so for the first step, I am trying to forecast the demand of each product using MAPA from Nikolaos Kourentzes. I hope to use this demand forecast and price-demand relation to predict the optimal price.
However, in practice these price-demand relation tends to be non-linear so I was wondering if anyone here could guide me to papers/resources that I can follow to train non-linear model(s) on the price-demand relationship with intermittent demand data. Ideally, the trained model should be optimizable for price.
r time-series regression forecasting
asked 12 hours ago
thulungairthulungair
12
New contributor
thulungair is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
$endgroup$
add a comment |
$begingroup$
I am trying to build a dynamic pricing algorithm on intermittent data (a lot of zeros between non-zero values). However, it seems to be quite difficult to predict the right price due to various reasons (non-regular demand, intermittent data, noises etc) so for the first step, I am trying to forecast the demand of each product using MAPA from Nikolaos Kourentzes. I hope to use this demand forecast and price-demand relation to predict the optimal price.
However, in practice these price-demand relation tends to be non-linear so I was wondering if anyone here could guide me to papers/resources that I can follow to train non-linear model(s) on the price-demand relationship with intermittent demand data. Ideally, the trained model should be optimizable for price.
r time-series regression forecasting
asked 12 hours ago
thulungairthulungair
12
New contributor
thulungair is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
$endgroup$
add a comment |
$begingroup$
I am trying to build a dynamic pricing algorithm on intermittent data (a lot of zeros between non-zero values). However, it seems to be quite difficult to predict the right price due to various reasons (non-regular demand, intermittent data, noises etc) so for the first step, I am trying to forecast the demand of each product using MAPA from Nikolaos Kourentzes. I hope to use this demand forecast and price-demand relation to predict the optimal price.
However, in practice these price-demand relation tends to be non-linear so I was wondering if anyone here could guide me to papers/resources that I can follow to train non-linear model(s) on the price-demand relationship with intermittent demand data. Ideally, the trained model should be optimizable for price.
r time-series regression forecasting
asked 12 hours ago
thulungairthulungair
12
New contributor
thulungair is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
$endgroup$
I am trying to build a dynamic pricing algorithm on intermittent data (a lot of zeros between non-zero values). However, it seems to be quite difficult to predict the right price due to various reasons (non-regular demand, intermittent data, noises etc) so for the first step, I am trying to forecast the demand of each product using MAPA from Nikolaos Kourentzes. I hope to use this demand forecast and price-demand relation to predict the optimal price.
However, in practice these price-demand relation tends to be non-linear so I was wondering if anyone here could guide me to papers/resources that I can follow to train non-linear model(s) on the price-demand relationship with intermittent demand data. Ideally, the trained model should be optimizable for price.
r time-series regression forecasting
r time-series regression forecasting
asked 12 hours ago
thulungairthulungair
12
New contributor
thulungair is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 12 hours ago
thulungairthulungair
12
New contributor
thulungair is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 12 hours ago
thulungairthulungair
12
New contributor
thulungair is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 12 hours ago
thulungairthulungair
12
asked 12 hours ago
thulungairthulungair
12
12
New contributor
thulungair is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
thulungair is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
thulungair is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
add a comment |
0
active
oldest
votes
Your Answer
StackExchange.ifUsing("editor", function () {
return StackExchange.using("mathjaxEditing", function () {
StackExchange.MarkdownEditor.creationCallbacks.add(function (editor, postfix) {
StackExchange.mathjaxEditing.prepareWmdForMathJax(editor, postfix, [["$", "$"], ["\\(","\\)"]]);
});
});
}, "mathjax-editing");
StackExchange.ready(function() {
var channelOptions = {
tags: "".split(" "),
id: "557"
};
initTagRenderer("".split(" "), "".split(" "), channelOptions);
StackExchange.using("externalEditor", function() {
// Have to fire editor after snippets, if snippets enabled
if (StackExchange.settings.snippets.snippetsEnabled) {
StackExchange.using("snippets", function() {
createEditor();
});
}
else {
createEditor();
}
});
function createEditor() {
StackExchange.prepareEditor({
heartbeatType: 'answer',
autoActivateHeartbeat: false,
convertImagesToLinks: false,
noModals: true,
showLowRepImageUploadWarning: true,
reputationToPostImages: null,
bindNavPrevention: true,
postfix: "",
imageUploader: {
brandingHtml: "Powered by u003ca class="icon-imgur-white" href="https://imgur.com/"u003eu003c/au003e",
contentPolicyHtml: "User contributions licensed under u003ca href="https://creativecommons.org/licenses/by-sa/3.0/"u003ecc by-sa 3.0 with attribution requiredu003c/au003e u003ca href="https://stackoverflow.com/legal/content-policy"u003e(content policy)u003c/au003e",
allowUrls: true
},
onDemand: true,
discardSelector: ".discard-answer"
,immediatelyShowMarkdownHelp:true
});
}
});
thulungair is a new contributor. Be nice, and check out our Code of Conduct.
Sign up or log in
StackExchange.ready(function () {
StackExchange.helpers.onClickDraftSave('#login-link');
});
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Required, but never shown
StackExchange.ready(
function () {
StackExchange.openid.initPostLogin('.new-post-login', 'https%3a%2f%2fdatascience.stackexchange.com%2fquestions%2f47740%2fhow-to-model-non-linear-demand-function%23new-answer', 'question_page');
}
);
Post as a guest
Required, but never shown
0
active
oldest
votes
0
active
oldest
votes
active
oldest
votes
active
oldest
votes
thulungair is a new contributor. Be nice, and check out our Code of Conduct.
thulungair is a new contributor. Be nice, and check out our Code of Conduct.
thulungair is a new contributor. Be nice, and check out our Code of Conduct.
thulungair is a new contributor. Be nice, and check out our Code of Conduct.
Thanks for contributing an answer to Data Science Stack Exchange!
- Please be sure to answer the question. Provide details and share your research!
But avoid …
- Asking for help, clarification, or responding to other answers.
- Making statements based on opinion; back them up with references or personal experience.
Use MathJax to format equations. MathJax reference.
To learn more, see our tips on writing great answers.
Sign up or log in
StackExchange.ready(function () {
StackExchange.helpers.onClickDraftSave('#login-link');
});
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Required, but never shown
StackExchange.ready(
function () {
StackExchange.openid.initPostLogin('.new-post-login', 'https%3a%2f%2fdatascience.stackexchange.com%2fquestions%2f47740%2fhow-to-model-non-linear-demand-function%23new-answer', 'question_page');
}
);
Post as a guest
Required, but never shown
Sign up or log in
StackExchange.ready(function () {
StackExchange.helpers.onClickDraftSave('#login-link');
});
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Required, but never shown
Sign up or log in
StackExchange.ready(function () {
StackExchange.helpers.onClickDraftSave('#login-link');
});
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Required, but never shown
Sign up or log in
StackExchange.ready(function () {
StackExchange.helpers.onClickDraftSave('#login-link');
});
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Sign up using Google
Sign up using Facebook
Sign up using Email and Password
Post as a guest
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
Required, but never shown
