Cited by 618Advanced Bandit Algorithms ResearchDecision-Making and Behavioral EconomicsGame Theory and Applications

A two-armed bandit theory of market pricing

Rothschild, Michael·1974·Journal of Economic Theory

Integrity signals

Registry

Crossref · 10.1016/0022-0531(74)90066-0

Cites

18 of 18 references verified0 citation errors · 0 not checkable

Statistics

Recomputing p-values needs the paper’s full text.

Claims the paper makes

We couldn’t retrieve this paper’s full text, so its claims and self-check weren’t run. The registry and citation checks still apply.

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

  • Following seminal research on modeling pricing in markets as a bandit problem, many works have applied bandit and other RL algorithms to determine prices or other market values.

    “Following seminal research on modeling pricing in markets as a bandit problem [700], many works have applied bandit and other RL algorithms to determine prices or other market values.”

    From Tackling climate change with machine learning (2023) · cites this paper as [700]

Cites

Flagged first, then by citations

1 of the 19 references couldn’t be matched to a known paper.

Cited by

Sorted by citations

Authors
Rothschild, M.
Affiliations
Princeton University (US)
Corresponding author
Rothschild, Michael
Venue
Journal of Economic Theory
Publisher
Elsevier BV
Published
1974-10
Volume
9
Issue
2
Pages
185-202
ISSN
0022-0531 (ISSN-L)
OpenAlex
W2045097767
Cited by
618
References
19
Citations by year
2026: 13 · 2025: 12 · 2024: 16 · 2023: 9 · 2022: 23 · 2021: 15 · 2020: 17 · 2019: 23 · 2018: 24 · 2017: 24 · 2016: 31 · 2015: 22 · 2014: 23 · 2013: 23 · 2012: 17
FWCI
6.03
Type
journal article
Language
en
Open access
closed
Locations
  • Journal of Economic Theory (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Topics
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Advanced Bandit Algorithms Research
  • Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Game Theory and Applications
Keywords
two-armed bandit, market pricing, effort provision, belief updating, innate talent, effortful control, switching behavior, perseverance, procrastination, confidence, educational psychology

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review