Seminar on December 3 (online): Inefficiencies of Dynamic Pricing in Ride-hailing by Daniel Freund, MIT

03/12/2021 @ 17:00 – 19:00 – Speaker: Daniel Freund, MIT Date & Time: December 3, 2021, Friday, 17:00 Zoom Link: https://zoom.us/j/6547746234?pwd=ZENZNWtCbUlQRjVMMVFneWtxZGlzZz09 Abstract: Ride-hailing platforms update prices dynamically to efficiently balance supply and demand. But rapidly changing prices create incentives for riders to wait for high prices to drop. When supply builds up and prices do eventually drop, these patient customers may […]

Title: The set-valued Bellman principle(Face To Face)

03/12/2021 @ 13:30 – 15:30 – Speaker: Gabriela Kovacova Date & Time: December 3, 2021, Friday, 13:30 Place: EE – 01 Abstract: Dynamic programming and the Bellman equation have a variety of applications not only in finance, but in many other scientific fields as well. While multivariate problems of optimal control have been solved via dynamic programming in the past, an […]