What is Bayesian-optimal pricing?

K-optimal pattern discovery is a data mining technique that provides an alternative to the frequent pattern discovery approach that underlies most association rule learning techniques. Frequent pattern discovery techniques find...

Bayesian Knowledge Tracing is an algorithm used in many intelligent tutoring systems to model each learner's mastery of the knowledge being tutored. It models student knowledge in a Hidden Markov...

Nonlinear pricing is a broad term that covers any kind of price structure in which there is a nonlinear relationship between price and the quantity of goods. An example is...

Average cost pricing is one of the ways the government regulates a monopoly market. Monopolists tend to produce less than the optimal quantity pushing the prices up. The government may...

Multi-currency pricing is a method that international companies use to do business using local currencies. This allows them to price goods and services in a variety of foreign currencies, while...

Classified pricing is the pricing system of federal milk marketing orders, under which milk processors pay into a pool for fluid grade milk. The price that processors have to pay...