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Volumn 355, Issue 1, 2005, Pages 119-130

Convergence of reinforcement learning to Nash equilibrium: A search-market experiment

Author keywords

Agent based modeling; Nash equilibrium; Reinforcement learning; Search market

Indexed keywords

COMPUTER SIMULATION; DISPERSIONS; ELECTRONIC COMMERCE; GAME THEORY; LEARNING ALGORITHMS; MARKETING; MATHEMATICAL MODELS;

EID: 21444454057     PISSN: 03784371     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.physa.2005.02.074     Document Type: Conference Paper
Times cited : (7)

References (10)
  • 1
    • 0038829878 scopus 로고    scopus 로고
    • Predicting how people play games: Reinforcement learning in experimental games with unique, mixed strategy equilibria
    • I. Erev, and A.E. Roth Predicting how people play games: reinforcement learning in experimental games with unique, mixed strategy equilibria Am. Economic Rev. 88 1998 848 881
    • (1998) Am. Economic Rev. , vol.88 , pp. 848-881
    • Erev, I.1    Roth, A.E.2
  • 2
    • 0035435869 scopus 로고    scopus 로고
    • Reinforcement learning rules in a repeated game
    • A.M. Bell, Reinforcement learning rules in a repeated game, Computat. Econ. (2001) 89-111.
    • (2001) Computat. Econ. , pp. 89-111
    • Bell, A.M.1
  • 3
    • 0012843381 scopus 로고    scopus 로고
    • Evolving market structure: An ACE model of price dispersion and loyalty
    • A.P. Kirman, and N.J. Vriend Evolving market structure: an ACE model of price dispersion and loyalty J. Econ. Dynam. Control 25 2001 459 502
    • (2001) J. Econ. Dynam. Control , vol.25 , pp. 459-502
    • Kirman, A.P.1    Vriend, N.J.2
  • 4
    • 84867970579 scopus 로고    scopus 로고
    • A behavioural learning approach to the dynamics of prices
    • T. Brenner A behavioural learning approach to the dynamics of prices Computat. Econ. 19 2002 67 94
    • (2002) Computat. Econ. , vol.19 , pp. 67-94
    • Brenner, T.1
  • 5
    • 0033737577 scopus 로고    scopus 로고
    • Frictionless commerce? A comparison of internet and conventional retailers
    • E. Brynjolfsson, and M. Smith Frictionless commerce? A comparison of internet and conventional retailers Manage. Sci. 46 2000 563 585
    • (2000) Manage. Sci. , vol.46 , pp. 563-585
    • Brynjolfsson, E.1    Smith, M.2
  • 9
    • 21444438230 scopus 로고    scopus 로고
    • Does it matter to play Nash? the case of adaptive sellers
    • E. Darmon, R. Waldeck, Does it matter to play Nash? The case of adaptive sellers, Working Paper downloadable at http://e.darmon.free.fr/in/fssmarket/ paperfss.pdf (2004).
    • (2004) Working Paper
    • Darmon, E.1    Waldeck, R.2
  • 10
    • 0031287487 scopus 로고    scopus 로고
    • Cycling in a stochastic learning algorithm for normal form games
    • M. Posch Cycling in a stochastic learning algorithm for normal form games J. Evol. Econ. 7 1997 193 207
    • (1997) J. Evol. Econ. , vol.7 , pp. 193-207
    • Posch, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.