Nax, Heinrich H.; Pradelski, Bary S. R.; Young, H. Peyton - Fondazione ENI Enrico Mattei (FEEM) - 2013
simultaneously. We propose a decentralized, completely uncoupled learning process in such environments that leads to stable and … mutually profitable. Matched agents occasionally experiment with higher bids if on the buy-side (or lower bids if on the sell … sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …