https://insidebigdata.com/tag/data-driven-2/ Your Source for AI, Data Science, Deep Learning & Machine Learning Strategies Sat, 20 Jun 2020 17:22:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 136462205 https://insidebigdata.com/2020/06/19/how-to-produce-cleaner-data-for-robust-pricing/ https://insidebigdata.com/2020/06/19/how-to-produce-cleaner-data-for-robust-pricing/#comments Fri, 19 Jun 2020 13:00:00 +0000 https://insidebigdata.com/?p=24623 In this contributed article by MIT Sloan School of Management Prof. Negin Golrezaei, found that there are ways to limit price manipulation. The key is the pricing algorithm. Instead of using bids to directly set prices, a prominent group of researchers designed an algorithm that uses censored bids– in this case a binary signal – to indicate whether the buyer wins in the prior auction or not.]]> https://insidebigdata.com/2020/06/19/how-to-produce-cleaner-data-for-robust-pricing/feed/ 1 24623