Timezone: »

 
Poster
Near-Optimal Policies for Dynamic Multinomial Logit Assortment Selection Models
Yining Wang · Xi Chen · Yuan Zhou

Wed Dec 05 02:00 PM -- 04:00 PM (PST) @ Room 517 AB #102
in Wed Poster Session B »

In this paper we consider the dynamic assortment selection problem under an uncapacitated multinomial-logit (MNL) model. By carefully analyzing a revenue potential function, we show that a trisection based algorithm achieves an item-independent regret bound of O(sqrt(T log log T), which matches information theoretical lower bounds up to iterated logarithmic terms. Our proof technique draws tools from the unimodal/convex bandit literature as well as adaptive confidence parameters in minimax multi-armed bandit problems.

Keywords: Learning Theory · Online Learning
[ Paper] 

Author Information

Yining Wang (CMU)
Xi Chen (NYU)

Xi Chen is an associate professor with tenure at Stern School of Business at New York University, who is also an affiliated professor to Computer Science and Center for Data Science. Before that, he was a Postdoc in the group of Prof. Michael Jordan at UC Berkeley. He obtained his Ph.D. from the Machine Learning Department at Carnegie Mellon University (CMU). He studies high-dimensional statistical learning, online learning, large-scale stochastic optimization, and applications to operations. He has published more than 20 journal articles in statistics, machine learning, and operations, and 30 top machine learning peer-reviewed conference proceedings. He received NSF Career Award, ICSA Outstanding Young Researcher Award, Faculty Research Awards from Google, Adobe, Alibaba, and Bloomberg, and was featured in Forbes list of “30 Under30 in Science”.

Yuan Zhou (Indiana University Bloomington)

More from the Same Authors