The topic of dynamic pricing and learning has received a considerable amount of attention
in recent years, from different scientific communities. We survey these literature streams: we …

When payoffs from different actions are unknown, agents use their own past experience as
well as the experience of their neighbours to guide their decision making. In this paper, we …

This paper extends the classic two‐armed bandit problem to a many‐agent setting in which
N players each face the same experimentation problem. The main change from the single …

This paper develops a new algorithm for increasing the revenue in a dynamic product
assortment problem. Then, it identifies the challenges faced by managers in practice and …

We analyze the diffusion of a new product of uncertain value in a duopolistic market. Both
sides of the market, buyers and sellers, learn the true value of the new product from …

This article incorporates consumer learning and heterogeneity into a dynamic oligopoly
model for the prescription drug market. In the model, both firms and patients need to learn …

We study information acquisition as a motive for trade in the market for municipal bonds, a
primary financing source for local governments. The market is decentralized and regional …

We investigate Hotelling's duopoly game of location-then-price choices with quadratic
transportation costs and uniformly distributed consumers under the assumption that firms are …

This paper explores price-setting behavior in the context of a duopoly in which firms are
uncertain about the degree of product differentiation. Firms learn from the difference in their …

We introduce the financial economics of market microstructure to the financial econometrics
of asset return volatility estimation. In particular, we derive the cross-correlation function …