Index function strategies work well with nonparametric priors Index functions favor prices with high revenue potential Uses marginals rather than joint distributions of demand Marginals are readily available from Dirichlet priors Significant computational savings Performance does not appear to suffer much as a result Demand dependencies are localized in our model Local demand information contained in marginals Parametric models often assume strong dependencies May result in underexploration of prices Unjustified in most contexts
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