Learning, Experimentation, and the Optimal Output Decisions of a Competitive Firm
From MaRDI portal
Publication:3941144
DOI10.1287/mnsc.28.6.589zbMath0482.90012OpenAlexW1971442578MaRDI QIDQ3941144
Giora Harpaz, Robert L. Winkler, Wayne Lee
Publication date: 1982
Published in: Management Science (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/mnsc.28.6.589
theory of the firmdemand uncertaintydemand forecastingBayesian frameworklearning from experienceoptimal sequential outputoverproductionperfectly competitive firm
Related Items
Dynamic pricing and inventory control with learning, Dynamic learning, pricing, and ordering by a censored newsvendor, Order quantities for style goods with two order opportunities and Bayesian updating of demand. Part I: no capacity constraints, Customer Learning in Call Centers from Previous Waiting Experiences