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About this paper
Naman Shukla, Arinbjörn Kolbeinsson, Ken Otwell, Lavanya Marla, Kartik Yellepeddi
The paper studies context-aware pricing of airline ancillary offers. It compares demand-first pricing with DNN-CL, which recommends prices directly using purchase outcomes and a monotonicity assumption. Offline, DNN-CL has lower regret than APP-DES. In a live test, APP-LM had higher conversion and revenue per offer than human pricing; these results do not establish live gains for DNN-CL.
Summary by alphaXiv.
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