Learning to face stochastic demand
MetadataVis full innførsel
- Discussion papers (FOR) 
We consider repeated interaction among several producers of a homogenous, divisible good, traded at a common market. Demand is uncertain, and its law is unknown. We explore an adaptive scheme leading such producers over time, to face correct demand data. Extensions include non-cooperative games in which strategic interaction is felt via exactly two real parameters.
UtgiverNorwegian School of Economics and Business Administration. Department of Finance and Management Science