Renato Paes Leme, Google Research New York

Thursday 4th May 2023 - MS.01 Zeeman building, at 18:15

As the famous Graham-Buffet quote says “price is what you pay; value is what you get" and every business success or failure is driven by the match or mismatch of the two. We will discuss a simple question in pricing algorithms: how to adjust prices over time to learn a buyer's valuation while minimizing revenue loss. This is a nice puzzle with a surprising solution. We will discuss the Kleinberg-Leighton algorithm and how to generalize it to multi-dimensional settings. There, we will do a detour to convex geometry and the theory of intrinsic volumes. We will also discuss how to measure the length of a potato.

Free attendance

There will be a reception after the lecture

Main contact point: K.G.Latuszynski@warwick.ac.uk

Professor Jane Hutton of Warwick Statistics has won the Royal Statistical Society 2023 Mardia interdisciplinary workshop prize. Four workshops will be held on aspects of Statistics and the Law.

In the latest (2023) QS World University rankings, Warwick is ranked 16th (4th in the UK) for Statistics and Operational Research, the highest for any subject group at Warwick.

Research by Michelle Kendall and Xavier Didelot estimates that the NHS COVID-19 app prevented around one million cases, 44000 hospitalisations and 9600 deaths.

Tom Berrett has received an honourable mention for the Bernoulli Society New Researcher Award 2023