Committee, expert advice, and the weighted majority algorithm: an application to the pricing decision of a monopolist

DOI10.1007/S10614-009-9194-2zbMath1204.91055OpenAlexW2066116512MaRDI QIDQ2268987

Yann Braouezec

Publication date: 15 March 2010

Published in: Computational Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10614-009-9194-2

zbMATH Keywords

learningdiversitysample meanexpertsweighted majority algorithmSurowiecki

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Microeconomic theory (price theory and economic markets) (91B24) Special types of economic markets (including Cournot, Bertrand) (91B54)

Uses Software

• ElemStatLearn

Cites Work

• Unnamed Item
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• Professional advice
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• Rational Expectations Equilibria, Learning, and Model Specification
• Decision Analysis Expert Use
• Combining Expert Judgments: A Bayesian Approach
• How to use expert advice
• Learning Automata - A Survey
• Changing One's Mind when the Facts Change: Incentives of Experts and the Design of Reporting Protocols
• Prediction, Learning, and Games
• The elements of statistical learning. Data mining, inference, and prediction

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