68,150 research outputs found

    Building an Artificial Stock Market Populated by Reinforcement-Learning Agents

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    In this paper we propose an artificial stock market model based on interaction of heterogeneous agents whose forward-looking behaviour is driven by the reinforcement learning algorithm combined with some evolutionary selection mechanism. We use the model for the analysis of market self-regulation abilities, market efficiency and determinants of emergent properties of the financial market. Distinctive and novel features of the model include strong emphasis on the economic content of individual decision making, application of the Q-learning algorithm for driving individual behaviour, and rich market setup.agent-based financial modelling, artificial stock market, complex dynamical system, emergent properties, market efficiency, agent heterogeneity, reinforcement learning

    Enhancements Of Fuzzy Q-Learning Algorithm

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    Fuzzy Q-Learning algorithm combines reinforcement learning techniques with fuzzy modelling. It provides a flexible solution for automatic discovery of rules for fuzzy systems inthe process of reinforcement learning. In this paper we propose several enhancements tothe original algorithm to make it more performant and more suitable for problems withcontinuous-input continuous-output space. Presented improvements involve generalizationof the set of possible rule conclusions. The aim is not only to automatically discover anappropriate rule-conclusions assignment, but also to automatically define the actual conclusions set given the all possible rules conclusions. To improve algorithm performance whendealing with environments with inertness, a special rule selection policy is proposed

    A Framework for Applying Reinforcement Learning to Deadlock Handling in Intralogistics

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    Intralogistics systems, while complex, are crucial for a range of industries. One of their challenges is deadlock situations that can disrupt operations and decrease efficiency. This paper presents a four-stage framework for applying reinforcement learning algorithms to manage deadlocks in such systems. The stages include Problem Formulation, Model Selection, Algorithm Selection, and System Deployment. We carefully identify the problem, select an appropriate model to represent the system, choose a suitable reinforcement learning algorithm, and finally deploy the solution. Our approach provides a structured method to tackle deadlocks, improving system resilience and responsiveness. This comprehensive guide can serve researchers and practitioners alike, offering a new avenue for enhancing intralogistics performance. Future research can explore the framework’s effectiveness and applicability across different systems
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