UW-Milwaukee Department of Mathematical Sciences presents,

Dr. Kurt Helmes
Professor of Operations Research
Humboldt-Universität zu Berlin

Friday, April 10, 2015
2:00pm in EMS E495

*Refreshments served at 1:30pm in E424A

Title:
On a class of dynamic advertising and pricing models

Description/Abstract:
Dynamic advertising and pricing models are a special class of (state) discrete stochastic control problems motivated by business applications.   The talk will focus on the mathematical foundations of these problems and will review some recent results. The talk is based on joint work (see reference below) with R. Schlosser, T. Templin, M. Weber (Berlin) and T. Kurtz (Madison).