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Pricing and learning with uncertain demand
Monopoly policy pricing discrete price elasticity of demand profits
2015/8/11
Practical policies for the monopolistic pricing problem with uncertain demand are discussed (for discrete time, continuous prices and demand, in a linear and Gaussian setting). With this model, the in...
Learning Curves and the Cyclical Behavior of Manufacturing Industries
Productivity production technology model
2015/7/20
Building on evidence that a productivity growth from learning by doing dimin- ishes as experience accumulates with a technology and b learning by doing is .
largely specific to each production tec...
I study a dynamic economy featuring adverse selection in financial markets. Investment
is undertaken by borrowing-constrained entrepreneurs. They sell their past projects to
finance new ...
Electric Power Market Modeling with Multi-Agent Reinforcement Learning
Electric Power Market Modeling Multi-Agent Reinforcement Learning
2014/10/22
Agent-based modeling (ABM) is a relatively new tool for use in electric power market research. At heart are software agents representing real-world stakeholders in the industry: utilities, power produ...
Learning about the Neighborbood: A Model of Housing Cycles
A Model of Housing Cycles Neighborbood
2014/3/18
This paper develops a tractable model to analyze information aggregation and
learning in housing markets. In the presence of informational frictions, households face a realistic problem in learning a...
Influential Factors in Organizational Member Learning
Organizational Member Learning Individual Learning in Organizations
2010/12/7
This research attempts to determine the direct influential effect a change project has on the learning outcomes of organizational members. The cognitive change of organizational members can be classif...
Is Learning by Migrating to a Megalopolis Really Important? Evidence from Thailand
self-selection learning by migrating survival of the fittest
2010/12/7
We examine the effects of learning by migrating on the productivity of migrants who move to a “megalopolis” from rural areas using the Thailand Labor Force Survey. The main contribution is to the deve...