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» A Risk-Based Bidding Strategy for Continuous Double Auctions
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ECAI
2004
Springer
13 years 10 months ago
A Risk-Based Bidding Strategy for Continuous Double Auctions
We develop a novel bidding strategy that software agents can use to buy and sell goods in Continuous Double Auctions (CDAs). Our strategy involves the agent forming a bid or ask by...
Perukrishnen Vytelingum, Rajdeep K. Dash, Esther D...
AGENTS
1999
Springer
13 years 9 months ago
An Adaptive Agent Bidding Strategy Based on Stochastic Modeling
For a dynamic, evolving multiagent auction, we have developed an adaptive agent bidding strategy (called the p-strategy) based on stochastic modeling. The p-strategy takes into ac...
Sunju Park, Edmund H. Durfee, William P. Birmingha...
AI
2008
Springer
13 years 5 months ago
Strategic bidding in continuous double auctions
In this paper, we describe a novel bidding strategy that autonomous trading agents can use to participate in Continuous Double Auctions (CDAs). Our strategy is based on both short...
Perukrishnen Vytelingum, Dave Cliff, Nicholas R. J...
IJCAI
2001
13 years 6 months ago
Agent-Human Interactions in the Continuous Double Auction
The Continuous Double Auction (CDA) is the dominant market institution for real-world trading of equities, commodities, derivatives, etc. We describe a series of laboratory experi...
Rajarshi Das, James E. Hanson, Jeffrey O. Kephart,...
ECAI
2010
Springer
13 years 6 months ago
An Equilibrium Analysis of Competing Double Auction Marketplaces Using Fictitious Play
In this paper, we analyse how traders select marketplaces and bid in a setting with multiple competing marketplaces. Specifically, we use a fictitious play algorithm to analyse the...
Bing Shi, Enrico H. Gerding, Perukrishnen Vyteling...