Cognitive multi-agent pricing: an enhanced deep reinforcement learning framework for dynamic SKU competition in E-commerce
摘要
In E-commerce, price adjustments among substitutable stock-keeping units (SKUs) can trigger cannibalisation and instability. Static models and single-agent reinforcement learning typically fail to capture cross-SKU interactions and fairness considerations. This research proposes a Multi-Agent Reinforcement Learning (MARL) framework using Proximal Policy Optimisation (PPO) for coordinated dynamic pricing. Each SKU operates as an agent, integrating LightGBM demand prediction with Weber-Fechner law behavioral modeling. On simulated electronics e-commerce data, the single-agent baselines optimized for extreme short-term profit at the cost of inventory depletion, whereas the MARL approach achieved sustainable profit and greater system stability. Results demonstrate that coordinated MARL pricing enables more resilient, equitable decision-making under dynamic market conditions.