3 ms·
Has anybody tried using hill climbing to arrive at an optimal price? eg: 1. Pick a pivot price 2. Make N buckets with prices at fixed intervals from the pivo
by rabidsnail 16y ago
Has anybody tried using hill climbing to arrive at an optimal price?
eg:
1. Pick a pivot price
2. Make N buckets with prices at fixed intervals from the pivot
3. Find the bucket with the most profit, and use its price as the new pivot
4. Repeat
- khafra 16y agoFascinating concept. Makes me want to start selling something in large volumes, just so I could apply other optimization techniques like simulated annealing or beam search to price points and other scalar variables.