The paper introduces LLP, a Large Language Model–based generative framework for pricing second‑hand products on consumer‑to‑consumer platforms. LLP retrieves similar items to capture market dynamics, then uses LLMs to generate price suggestions, refined through supervised fine‑tuning and group relative policy optimization. A confidence‑based filter rejects unreliable predictions, and experiments show LLP outperforms prior methods, achieving higher static adoption rates when deployed on Xianyu.
By Hairu Wang, Sheng You, Qiheng Zhang, Xike Xie, Shuguang Han, Yuchen Wu, Fei Huang, Jufeng Chen
arXiv:2606. 02004v1 Announce Type: cross Abstract: Consumer-price measurement increasingly draws on alternative data sources -- scanner, web-scraped, and transaction/receipt data.
By Vladimir Beskorovainyi
arXiv:2604.22893v2 Announce Type: replace-cross
Abstract: Traditional ``row-count $\times$ quality coefficient'' approaches fail to capture the nonlinear utility of data for Large Language Model (LLM...
By Minghui Xu, Qi Luo, Kun Li, Zhengyang Shan
arXiv:2606. 26787v1 Announce Type: cross Abstract: Traditional dynamic pricing models in large-scale e-commerce suffer from limited interpretability, poor utilization of unstructured information, and misalignment with long-term business objectives such as cumulative Gross Merchandise Value (GMV), Return on Investment (ROI) and milestone achievement.
By Chennan Ma, Yanning Zhang, Siqi Hong, Xiuchong Wang, Fei Xiao, Keping Yang
arXiv:2609.00710v1 Announce Type: cross
Abstract: An LLM application often sells or internally allocates several service products: a small or premium model, a short or long token cap, and possibly mu...
By Patrick Wong
arXiv:2505. 16319v5 Announce Type: replace Abstract: Accurate demand estimation is critical for the retail business in guiding the inventory and pricing policies of perishable products.
By Yangyang Wang, Jiawei Gu, Li Long, Xin Li, Li Shen, Zhouyu Fu, Xiangjun Zhou, Xu Jiang