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Market Strategy Choices Made by Company Using Reinforcement Learning

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Trends in Practical Applications of Agents and Multiagent Systems

Part of the book series: Advances in Intelligent and Soft Computing ((AINSC,volume 90))

Abstract

This work analyses the results of applying reinforcement learning techniques for chosing agent strategies that model the behaviour of companies within a market. Different kinds of patterns describing states of agent company and strategies describing its activities in given states were analysed. States may depend on company resources (capital, stock level) and activities of customers, suppliers and competing companies. Strategies may be more aggressive or more conservative where the level of profit margin and the range of stock level increases are concerned.

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© 2011 Springer-Verlag Berlin Heidelberg

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Chodura, D., Dominik, P., Koźlak, J. (2011). Market Strategy Choices Made by Company Using Reinforcement Learning. In: Corchado, J.M., Pérez, J.B., Hallenborg, K., Golinska, P., Corchuelo, R. (eds) Trends in Practical Applications of Agents and Multiagent Systems. Advances in Intelligent and Soft Computing, vol 90. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-19931-8_11

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  • DOI: https://doi.org/10.1007/978-3-642-19931-8_11

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-19930-1

  • Online ISBN: 978-3-642-19931-8

  • eBook Packages: EngineeringEngineering (R0)

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