Sadhana

, Volume 30, Issue 2–3, pp 311–345 | Cite as

Demand sensing in e-business

  • K. Ravikumar
  • Atul Saroop
  • H. K. Narahari
  • Pankaj Dayama

Abstract

In this paper, we identify various models from the optimization and econometrics literature that can potentially help sense customer demand in the e-business era. While modelling reality is a difficult task, many of these models come close to modelling the customer's decision-making process. We provide a brief overview of these techniques, interspersing the discussion occasionally with a tutorial introduction of the underlying concepts.

Keywords

Demand sensing discrete choice models reinforcement learning latent demand modelling econometrics fuzzy sets 

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Copyright information

©  Indian Academy of Sciences 2005

Authors and Affiliations

  • K. Ravikumar
    • 1
  • Atul Saroop
    • 1
  • H. K. Narahari
    • 1
  • Pankaj Dayama
    • 1
  1. 1.General Motors India Science LaboratoryInternational Technology ParkBangaloreIndia

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