2016 Events
Dynamic Learning in Strategic Pricing Games
Professor Sir John Pendry
Event Information
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10:00am - 11:45am
Room 8-210, 8/F, Lau Ming Wai Academic Building, City University of Hong Kong
Professor John R. Birge
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Dynamic Learning in Strategic Pricing Games
5125
CityU NewsCentre
20 Dec 2016
A renowned scholar in operations management delivered a distinguished lecture held by the Institute for Advanced Study at City University of Hong Kong on 15 December. In the monopoly pricing situation, firms optimally vary prices to learn that demand and variation must be sufficiently high to ensure complete asymptotic learning, according to Professor Birge.