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Learning to Collude Tacitly on Production Levels by Oligopolistic Agents

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  • Steven Kimbrough
  • Frederic Murphy

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  • Steven Kimbrough & Frederic Murphy, 2009. "Learning to Collude Tacitly on Production Levels by Oligopolistic Agents," Computational Economics, Springer;Society for Computational Economics, vol. 33(1), pages 47-78, February.
    • Handle: RePEc:kap:compec:v:33:y:2009:i:1:p:47-78
    DOI: 10.1007/s10614-008-9150-6
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    4. Steven O. Kimbrough & Ming Lu & Frederic Murphy, 2005. "Learning and Tacit Collusion by Artificial Agents in Cournot Duopoly Games," International Handbooks on Information Systems, in: Steven O. Kimbrough & D.J. Wu (ed.), Formal Modelling in Electronic Commerce, pages 477-492, Springer.
    5. David F. Midgley & Robert E. Marks & Lee C. Cooper, 1997. "Breeding Competitive Strategies," Management Science, INFORMS, vol. 43(3), pages 257-275, March.
    6. Hommes, Cars & Sonnemans, Joep & Tuinstra, Jan & Van De Velden, Henk, 2007. "Learning In Cobweb Experiments," Macroeconomic Dynamics, Cambridge University Press, vol. 11(S1), pages 8-33, November.
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    8. Charlotte Bruun (ed.), 2006. "Advances in Artificial Economics," Lecture Notes in Economics and Mathematical Systems, Springer, number 978-3-540-37249-3, October.
    9. Battalio, Raymond & Samuelson, Larry & Van Huyck, John, 2001. "Optimization Incentives and Coordination Failure in Laboratory Stag Hunt Games," Econometrica, Econometric Society, vol. 69(3), pages 749-764, May.
    10. Marks, Robert, 2006. "Market Design Using Agent-Based Models," Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 27, pages 1339-1380, Elsevier.
    11. Tesfatsion, Leigh & Judd, Kenneth L., 2006. "Handbook of Computational Economics, Vol. 2: Agent-Based Computational Economics," Staff General Research Papers Archive 10368, Iowa State University, Department of Economics.
    12. Robert E. Kuenne, 1998. "Price and Nonprice Rivalry in Oligopoly," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-50371-7, March.
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    16. Steven O. Kimbrough & Ming Lu & Ann Kuo, 2005. "A Note on Strategic Learning in Policy Space," International Handbooks on Information Systems, in: Steven O. Kimbrough & D.J. Wu (ed.), Formal Modelling in Electronic Commerce, pages 463-475, Springer.
    17. Carpenter, Jeffrey P, 2002. "Evolutionary Models of Bargaining: Comparing Agent-Based Computational and Analytical Approaches to Understanding Convention Evolution," Computational Economics, Springer;Society for Computational Economics, vol. 19(1), pages 25-49, February.
    18. Brenner, Thomas, 2006. "Agent Learning Representation: Advice on Modelling Economic Learning," Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 18, pages 895-947, Elsevier.
    19. Leigh Tesfatsion & Kenneth L. Judd (ed.), 2006. "Handbook of Computational Economics," Handbook of Computational Economics, Elsevier, edition 1, volume 2, number 2.
    20. Duffy, John, 2006. "Agent-Based Models and Human Subject Experiments," Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 19, pages 949-1011, Elsevier.
    21. Barr, Jason & Saraceno, Francesco, 2005. "Cournot competition, organization and learning," Journal of Economic Dynamics and Control, Elsevier, vol. 29(1-2), pages 277-295, January.
    22. Waltman, Ludo & Kaymak, Uzay, 2008. "Q-learning agents in a Cournot oligopoly model," Journal of Economic Dynamics and Control, Elsevier, vol. 32(10), pages 3275-3293, October.
    23. Floortje Alkemade & Han Poutré & Hans Amman, 2006. "Robust Evolutionary Algorithm Design for Socio-economic Simulation," Computational Economics, Springer;Society for Computational Economics, vol. 28(4), pages 355-370, November.
    24. Ray Barrell & Francesco Saraceno, 2005. "Cournot Competition, Organization and Learning," Post-Print hal-03597732, HAL.
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    Cited by:

    1. Kimbrough, Steven O. & Murphy, Frederic H., 2013. "Strategic bidding of offer curves: An agent-based approach to exploring supply curve equilibria," European Journal of Operational Research, Elsevier, vol. 229(1), pages 165-178.
    2. Tong Zhang & B. Brorsen, 2011. "Oligopoly firms with quantity-price strategic decisions," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 6(2), pages 157-170, November.
    3. P. Luizi & F. Cruz & J. Graaf, 2010. "Assessing the Quality of Pseudo-Random Number Generators," Computational Economics, Springer;Society for Computational Economics, vol. 36(1), pages 57-67, June.

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