Ivan Gorban, Denis Pyatykh: Causal Methods in Dynamic Pricing
Data Fest Online 2021
Causal Inference. Recommendations. Encoding.
Speakers:
Ivan Gorban, Team Lead at MegaFon
Denys Pyatykh, Data Scientist at MegaFon
"Want to increase profits from your inventory? In this presentation, you'll learn about a dynamic price optimization approach that allows you to do just that. We'll discuss causal inference and dynamic optimization methods applied to product pricing in the MegaFon Retail network. You might be interested not only in the methods but also in the challenges we encountered in real-world cases.
Do you want to increase the margin on your inventory? In this video, we'll demonstrate an approach to dynamic optimization that makes it real. Ivan Gorban and Denys Pyatykh, members of the MegaFon BigData team, will tell you about causal inference and dynamic optimization methods applied to price setting for goods in MegaFon retail stores. These methods make the video especially interesting for you, as well as various real-world data challenges and how Ivan and Denis solved them."
Resources:
More about instrumental variables: StartFragment EndFragment
https://www.nber.org/econometrics_min...
M. Ratkovic, D. Tingley, Causal Inference through the Method of Direct Estimation
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