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Can boundedly rational sellers learn to play Nash?

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Author Info
Roger Waldeck ()
Eric Darmon ()

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Abstract

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File URL: http://hdl.handle.net/10.1007/s11403-006-0009-4
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Publisher Info
Article provided by Springer in its journal Journal of Economic Interaction and Coordination.

Volume (Year): 1 (2006)
Issue (Month): 2 (November)
Pages: 147-169
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:spr:jeicoo:v:1:y:2006:i:2:p:147-169

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Web page: http://www.springer.com/economics/economic+theory/journal/11403

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Related research
Keywords: Imperfect information; Price competition; Price dispersion; Search market equilibrium; Reinforcement learning; Numerical computation; D43; D83; C63;

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Morgan, John & Orzen, Henrik & Sefton, Martin, 2006. "An experimental study of price dispersion," Games and Economic Behavior, Elsevier, vol. 54(1), pages 134-158, January. [Downloadable!] (restricted)
  2. Michel Benaim & Josef Hofbauer & Ed Hopkins, 2005. "Learning in Games with Unstable Equilibria," Levine's Bibliography 784828000000000609, UCLA Department of Economics. [Downloadable!]
    Other versions:
  3. Ed Hopkins & Robert M. Seymour, 2002. "The Stability of Price Dispersion under Seller and Consumer Learning," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(4), pages 1157-1190, November. [Downloadable!] (restricted)
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  4. Varian, Hal R, 1980. "A Model of Sales," American Economic Review, American Economic Association, vol. 70(4), pages 651-59, September. [Downloadable!] (restricted)
  5. Colin Camerer & Teck-Hua Ho, 1999. "Experience-weighted Attraction Learning in Normal Form Games," Econometrica, Econometric Society, vol. 67(4), pages 827-874, July.
  6. C. Monica Capra & Jacob K Goeree & Rosario Gomez & Charles A Holt, 2002. "Learning and Noisy Equilibrium Behavior in an Experimental Study of Imperfect Price Competition," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(3), pages 613-636, August. [Downloadable!] (restricted)
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  7. Beggs, A.W., 2005. "On the convergence of reinforcement learning," Journal of Economic Theory, Elsevier, vol. 122(1), pages 1-36, May. [Downloadable!] (restricted)
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  8. Kirman, Alan P. & Vriend, Nicolaas J., 2001. "Evolving market structure: An ACE model of price dispersion and loyalty," Journal of Economic Dynamics and Control, Elsevier, vol. 25(3-4), pages 459-502, March. [Downloadable!] (restricted)
  9. Martin Posch, 1997. "Cycling in a stochastic learning algorithm for normal form games," Journal of Evolutionary Economics, Springer, vol. 7(2), pages 193-207. [Downloadable!] (restricted)
  10. George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69, pages 213. [Downloadable!] (restricted)
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This page was last updated on 2009-11-7.


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