Framework introduction – Vendors

This page will introduce the various vendors we have in our simulation framework.

• Vendor
• Reinforcement learning agents
• Rule based vendors

Vendor

The marketplace is a stage for the competition between different vendors. The goal of each vendor is to maximize its profit per episode, which can be influenced through the prices they set during each step of the simulation.

Vendors in our simulation framework are always either a Reinforcement learning agent, meaning its policy is driven by an RL-algorithm, or a rule-based vendor, meaning its policy is defined through a static set of rules. Both of these approaches are explained in the following sections.

Reinforcement learning agents

Reinforcement learning agents are the main focus of our simulation framework, and the reason it was built.

Rule based vendors