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Learning to Face Stochastic Demand

Author

Listed:
  • Flam, S.D.
  • Sandsmark, M.

Abstract

We consider repeated interaction among several producers of a homogeneous, divisible good, traded at a common market. Demand is uncertain, and its law is unknown.

Suggested Citation

  • Flam, S.D. & Sandsmark, M., 2000. "Learning to Face Stochastic Demand," Norway; Department of Economics, University of Bergen 220, Department of Economics, University of Bergen.
    • Handle: RePEc:fth:bereco:220
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    Cited by:

    1. Aviad Tur-Sinai, 2014. "Adaptation patterns and consumer behavior as a dependency on terror," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 13(2), pages 257-269, November.

    More about this item

    Keywords

    TRADE ; DEMAND ; MARKET ; GAMES;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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