Capacity expansion under uncertainty in an oligopoly using indirect reinforcement-learning.
(2017)
Journal Article
OLIVEIRA, F.S. and COSTA, M.L.G. 2018. Capacity expansion under uncertainty in an oligopoly using indirect reinforcement-learning. European journal of operational research [online], 267(3), pages 1039-1050. Available from: https://doi.org/10.1016/j.ejor.2017.11.013
We model capacity expansion in oligopolistic markets, with endogenous prices, under uncertainty, considering multiple production technologies. As this environment is complex, capacity expansion is the outcome of a learning process by individual firms... Read More about Capacity expansion under uncertainty in an oligopoly using indirect reinforcement-learning..