Privacy-Preserving Dynamic Personalized Pricing with Demand Learning

Xi Chen
Xi Chen
[email protected]
https://orcid.org/0000-0002-9049-9452
Leonard N. Stern School of Business, New York University, New York, New York 10012;
Search for more papers by this author
,
David Simchi-Levi
David Simchi-Levi
[email protected]
MIT Institute for Data, Systems, and Society, Department of Civil and Environmental Engineering, and Operations Research Center, Massachusetts Institute of Technology, Cambridge, Massachusetts 02139;
Search for more papers by this author
,
Yining Wang
Yining Wang
[email protected]
Warrington College of Business, University of Florida, Gainesville, Florida 32611
Search for more papers by this author

Leonard N. Stern School of Business, New York University, New York, New York 10012;

MIT Institute for Data, Systems, and Society, Department of Civil and Environmental Engineering, and Operations Research Center, Massachusetts Institute of Technology, Cambridge, Massachusetts 02139;

Search for more papers by this author

Yining Wang

[email protected]

Warrington College of Business, University of Florida, Gainesville, Florida 32611

Search for more papers by this author

Published Online:11 Oct 2021https://doi.org/10.1287/mnsc.2021.4129

Supplemental Material

mnsc.2021.4129.sm1.pdf

Cited by
- The AI‑driven evolution of dynamic pricing: a semi‑systematic review and novel hierarchical classification
  10 June 2026 | Applied Operations and Analytics, Vol. 2, No. 1
- Estimation Errors as Regret Lower Bounds for Linear Contextual Bandits
  Jiahao He,
  Jiheng Zhang,
  Rachel Q. Zhang
  2 June 2026 | Management Science, Vol. 0, No. 0
- Pricing Under Consumer Habituation: The Optimality of a Familiarity-Based Threshold Policy
  5 December 2025 | Production and Operations Management, Vol. 35, No. 6
- Privacy, Voting, and the Wisdom of Crowds
  Ekaterina Astashkina,
  Ruslan Momot,
  Marat Salikhov
  29 May 2026 | Operations Research, Vol. 0, No. 0
- A Theory of the Effects of Privacy
  Alessandro Bonatti,
  Yunhao Huang,
  J. Miguel Villas-Boas
  2 September 2025 | Management Science, Vol. 72, No. 5
- Linear optimization with local differential privacy for resource sharing
  17 April 2026 | Annals of Operations Research, Vol. 360, No. 2-3
- Online platform demand information sharing with upstream suppliers under the imbalanced market power structure
  European Journal of Operational Research, Vol. 330, No. 3
- Privacy-Preserving Data Fusion
  Longxiu Tian,
  Dana Turjeman,
  Samuel Levy
  1 April 2026 | Marketing Science, Vol. 0, No. 0
- Contextual Dynamic Pricing: Algorithms, Optimality, and Local Differential Privacy Constraints
  30 March 2026 | Journal of the American Statistical Association, Vol. 36
- What Are the Key Factors Affecting AI Algorithmic Price Discrimination in China? Evidence From Complex Adaptive Systems Modelling
  5 March 2026 | Systems Research and Behavioral Science, Vol. 22
- Utility Fairness in Contextual Dynamic Pricing with Demand Learning
  Xi Chen,
  David Simchi-Levi,
  Yining Wang
  4 August 2025 | Management Science, Vol. 72, No. 3
- An Algorithmic Approach to Managing Supply Chain Data Security: The Differentially Private Newsvendor
  Du Chen,
  Geoffrey A. Chua
  24 December 2025 | Operations Research, Vol. 74, No. 2
- Proxy-Aided Demand Learning with an Application to Various Pricing Problems
  Tao Shen,
  Yifan Cui
  13 November 2025 | Operations Research, Vol. 74, No. 2
- Privacy-Preserving Personalized Recommender Systems
  Xingyu Fu,
  Ningyuan Chen,
  Pin Gao,
  Yang Li
  18 August 2025 | Manufacturing & Service Operations Management, Vol. 28, No. 1
- Technical Note—Fairness-Aware Online Price Discrimination with Nonparametric Demand Models
  Xi Chen,
  Jiameng Lyu,
  Xuan Zhang,
  Yuan Zhou
  21 August 2025 | Operations Research, Vol. 74, No. 1
- Differential Privacy via Distributionally Robust Optimization
  Aras Selvi,
  Huikang Liu,
  Wolfram Wiesemann
  10 March 2025 | Operations Research, Vol. 74, No. 1
- Is Your Price Personalized? Alleviating Customer Concerns with Inventory Availability Information
  Arian Aflaki,
  Qian (Ken) Zhang
  18 July 2025 | Operations Research, Vol. 74, No. 1
- Online marketplace operations with customer profiling: Fortune favors the “naughty”?
- Data analytics in operations: Future perspectives
- Shipping to Customers With Asymmetric Carriers Under Personalized Pricing
  IEEE Transactions on Engineering Management, Vol. 73
- Artificial intelligence and dynamic pricing: a systematic literature review
  12 February 2025 | Journal of Applied Economics, Vol. 28, No. 1
- Privacy-preserving personalized pricing and matching for ride hailing platforms
  Communications in Transportation Research, Vol. 5
- Estimation of High-Dimensional Contextual Pricing Models with Nonparametric Price Confounders
  Yining Wang,
  Quanquan Liu
  20 June 2025 | Operations Research, Vol. 73, No. 6
- DynPrice-MG: Trajectory Privacy Protection Based on Dynamic Pricing with Mamba-GAN
- Private Optimal Inventory Policy Learning for Feature-Based Newsvendor with Unknown Demand
  Tuoyi Zhao,
  Wen-Xin Zhou,
  Lan Wang
  24 October 2024 | Management Science, Vol. 71, No. 7
- Service portfolio design for ship-then-shop subscription in online retailing
  Transportation Research Part E: Logistics and Transportation Review, Vol. 199
- Guardians of Tomorrow: Leveraging Responsible AI for Early Detection and Response to Criminal Threats
  Xiaotong Sun; ,
  Qili Wang; ,
  Liangfei Qiu; ,
  Wei Xu
  29 May 2025 | INFORMS Journal on Computing, Vol. 0, No. 0
- Manufacturer’s encroachment strategies when facing the retail platform with AI-driven pricing
  Computers & Industrial Engineering, Vol. 203
- Power of Second Opportunity: Dynamic Pricing with Second Chance
  Tsinghua Science and Technology, Vol. 30, No. 2
- How do consumers react to big data-based personalised pricing? A cognition–affect–behaviour perspective
  2 April 2025 | Journal of Psychology in Africa, Vol. 34, No. 6
- Offline Feature-Based Pricing Under Censored Demand: A Causal Inference Approach
  Jingwen Tang; ,
  Zhengling Qi; ,
  Ethan Fang,
  Cong Shi;
  6 January 2025 | Manufacturing & Service Operations Management, Vol. 27, No. 2
- Temporal Fairness in Learning and Earning: Price Protection Guarantee and Phase Transitions
  Qing Feng; ,
  Ruihao Zhu; ,
  Stefanus Jasin
  7 November 2024 | Operations Research, Vol. 73, No. 2
- Guardians of Tomorrow: Leveraging Responsible AI for Early Detection and Response to Criminal Threats
  1 January 2025 | SSRN Electronic Journal, Vol. 36
- Privacy Leakage From Dynamic Prices: Trip Purpose Mining as an Example
  IEEE Transactions on Mobile Computing, Vol. 23, No. 12
- Coupon Personalization: Leveraging Click Data with Deep Learning for Behavioral Insights
- Majority vote for distributed differentially private sign selection
  The Annals of Statistics, Vol. 52, No. 4
- The Impact of Personal Information in E-Commerce
- A novel two-stage dynamic pricing model for logistics planning using an exploration–exploitation framework: A multi-armed bandit problem
  Expert Systems with Applications, Vol. 246
- Consumer vulnerability to dynamic pricing in online environments
  20 April 2023 | Applied Economics, Vol. 56, No. 25
- A data-driven distributionally robust optimization approach for the core acquisition problem
  European Journal of Operational Research, Vol. 28
- BTIA-IME: A blockchain-based trusted interactive architecture for intelligent manufacturing equipment
  Internet of Things, Vol. 25
- Personalized Dynamic Pricing Based on Improved Thompson Sampling
  9 April 2024 | Mathematics, Vol. 12, No. 8
- Personalized Privacy Preservation in Consumer Mobile Trajectories
  Meghanath Macha,
  Natasha Zhang Foutz,
  Beibei Li,
  Anindya Ghose
  24 May 2023 | Information Systems Research, Vol. 35, No. 1
- Evaluating differential pricing in e-commerce from the perspective of utility
  Electronic Commerce Research and Applications, Vol. 64
- Transient price setting in the era of automated systems: the ‘hands-on’ hotel general manager lives on!
  7 November 2023 | Journal of Revenue and Pricing Management, Vol. 23, No. 1
- Policy Optimization Using Semiparametric Models for Dynamic Pricing
  2 November 2022 | Journal of the American Statistical Association, Vol. 119, No. 545
- Understanding Users’ Decision-Making on Privacy Disclosure from a Configurational Perspective Perceived Values, Privacy Concerns, Cognitive Style, and Trust
  10 April 2024
- Differentially Private Stochastic Linear Bandits: (Almost) for Free
  IEEE Journal on Selected Areas in Information Theory, Vol. 5
- A Supply Chain System Involving the Interaction of Guarantee Finance With Product Quality and After-Sales Service
  IEEE Transactions on Engineering Management, Vol. 71
- Homomorphic Encrypted Revenue Management
  1 January 2024 | SSRN Electronic Journal, Vol. 24
- Finding the Best Arm Privately in Unimodal Bandits
  1 January 2024 | SSRN Electronic Journal, Vol. 24
- 注意力争夺与平台内竞争 (Battle for Attention and Intra-platform Competition)
  1 January 2024 | SSRN Electronic Journal, Vol. 66
- Dynamic Contextual Pricing with Doubly Non-Parametric Random Utility Models
  1 January 2024 | SSRN Electronic Journal, Vol. 187
- Breve revisión de la literatura del comercio electrónico y sus implicaciones económicas en el Ecuador
  1 January 2024 | Revista Científica Episteme & Praxis, Vol. 2, No. 1
- Locally Differentially Private Personal Data Markets Using Contextual Dynamic Pricing Mechanism
  IEEE Transactions on Dependable and Secure Computing, Vol. 20, No. 6
- The framework of parametric and nonparametric operational data analytics
  1 September 2023 | Production and Operations Management, Vol. 32, No. 9
- Exploring the Interactive Relationship between Retailers’ Free Shipping Decisions and Manufacturers’ Product Sales in Digital Retailing
  23 August 2023 | Sustainability, Vol. 15, No. 17
- Frontiers in Service Science: Data-Driven Revenue Management: The Interplay of Data, Model, and Decisions
  Ningyuan Chen,
  Ming Hu
  10 March 2023 | Service Science, Vol. 15, No. 2
- Minimizing online retailers’ revenue loss under a time-varying willingness-to-pay distribution
  International Journal of Production Economics, Vol. 257
- Estimation of High-Dimensional Contextual Pricing Models with Nonparametric Price Confounders
  1 January 2023 | SSRN Electronic Journal, Vol. 67
- Data Privacy in Pricing: Estimation Bias and Implications
  1 January 2023 | SSRN Electronic Journal, Vol. 54
- Utility Fairness in Contextual Dynamic Pricing with Demand Learning
  1 January 2023 | SSRN Electronic Journal, Vol. 57
- Developing operations management data analytics
  1 December 2022 | Production and Operations Management, Vol. 31, No. 12
- Context‐based dynamic pricing with online clustering
  1 September 2022 | Production and Operations Management, Vol. 31, No. 9
- Offline Personalized Pricing with Censored Demand
  SSRN Electronic Journal, Vol. 6
- Recommender Systems under Privacy Protection
  SSRN Electronic Journal, Vol. 105
- Privacy-Preserving Personalized Recommender Systems
  1 January 2022 | SSRN Electronic Journal, Vol. 105
- Information Elicitation from Teams of Privacy-Conscious Experts
  SSRN Electronic Journal, Vol. 7
- Phase Transitions in Learning and Earning under Price Protection Guarantee
  SSRN Electronic Journal, Vol. 57
- Perils of Location Tracking? Personalized and Interpretable Privacy Preservation in Consumer Mobile Trajectories
  SSRN Electronic Journal, Vol. 147

Volume 68, Issue 7

July 2022

Pages 4755-5555, iv-v

Article Information

Supplemental Material

Metrics

Information

Received:October 04, 2020
Accepted:May 18, 2021
Published Online:October 11, 2021

Cite as

Xi Chen, David Simchi-Levi, Yining Wang (2021) Privacy-Preserving Dynamic Personalized Pricing with Demand Learning. Management Science 68(7):4878-4898.

https://doi.org/10.1287/mnsc.2021.4129

Keywords

PDF download

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Privacy-Preserving Dynamic Personalized Pricing with Demand Learning

Supplemental Material

Volume 68, Issue 7

Article Information

Supplemental Material

Metrics

Information

Cite as

Keywords

Sign Up for INFORMS Publications Updates and News