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Learning by doing and dominant firm pricing strategy

✍ Scribed by Ronald S. Saunders


Publisher
Springer US
Year
1985
Tongue
English
Weight
214 KB
Volume
2
Category
Article
ISSN
0889-938X

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In electronic marketplaces automated and dynamic pricing is becoming increasingly popular. Agents that perform this task can improve themselves by learning from past observations, possibly using reinforcement learning techniques. Co-learning of several adaptive agents against each other may lead to