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SMS - a program package for simulation and gaming of stochastic market processes and learning behavior

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Publication:1167037
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zbMath0489.90001MaRDI QIDQ1167037

Joachim Perske, Ulrich Witt

Publication date: 1982

Published in: Lecture Notes in Economics and Mathematical Systems (Search for Journal in Brave)


zbMATH Keywords

monopolyuncertain demandmarket gamebatch processingadapting monopolistic firmsFortran program packageimperfectly known environmentlearning and adaptationsearch marketssimultaneously searching consumersstochastic market simulation


Mathematics Subject Classification ID

Probabilistic models, generic numerical methods in probability and statistics (65C20) Mathematical economics (91B99) Research exposition (monographs, survey articles) pertaining to operations research and mathematical programming (90-02) Software, source code, etc. for problems pertaining to operations research and mathematical programming (90-04)


Related Items (2)

An application of ESL to a stochastic dynamic market model with free entry and exit ⋮ SMS







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