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Value-based strategy
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- Value-based strategy is a business methodology in which a company prices its goods or services based on their customers’ perceived value of the good.
online.hbs.edu/blog/post/value-based-strategy
Jan 29, 2021 · Deep Reinforcement learning has been a rising field in the last few years. A good approach to start with is the value-based method, where the state (or state-action) values are learned. In this post, a comprehensive review is provided where we focus on Q-learning and its extensions.
- Dueling-Deep-Q-Networks
Recall that the Q value represents the value of choosing a...
- Dueling-Deep-Q-Networks
Jan 7, 2024 · Popular value-based methods include Q-learning, SARSA, and temporal difference (TD) learning. This article will provide an overview of policy-based vs value-based reinforcement learning approaches, comparing their strengths and weaknesses. We will also explore common algorithms for each method.
In value-based methods, we learn a value function that maps a state to the expected value of being at that state. The value of a state is the expected discounted return the agent can get if it starts at that state and then acts according to our policy.
Value-based techniques aim to learn the value of states (or learn an estimate for value of states) and actions: that is, they learn value functions or Q functions. We then use policy extraction to get a policy for deciding actions.
May 8, 2019 · In Policy-based methods we explicitly build a representation of a policy (mapping $\pi: s \to a$) and keep it in memory during learning. In Value-based we don't store any explicit policy, only a value function.
Jul 12, 2023 · Income-based valuation is a method used to estimate the value of a company based on its expected future income streams. This approach involves analyzing a company's historical financial data and making projections about its future earnings potential to determine its present value.
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What is a value based pricing strategy?
Value-based pricing is a strategy for pricing goods or services that adjusts the price based on its perceived value rather than its historical price. The strategy is used when the purchasing decision is emotionally-driven or when scarcity is involved.