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ATAL
2010
Springer
13 years 6 months ago
When do markets with simple agents fail?
We consider (prediction) markets where myopic agents sequentially interact with an automated market maker. We show a broad negative result: by varying the order of participation, ...
Abraham Othman, Tuomas Sandholm
SOSYM
2010
119views more  SOSYM 2010»
13 years 3 days ago
Formal specification of non-functional properties of component-based software systems
Component-based software engineering (CBSE) is viewed as an opportunity to deal with the increasing complexity of modern-day software. Along with CBSE comes the notion of component...
Steffen Zschaler
HICSS
2008
IEEE
95views Biometrics» more  HICSS 2008»
13 years 12 months ago
A Real-Options Approach to Modeling Investments in Competitive, Dynamic Retail Markets
The proliferation of retail outlets with nearly identical product offerings and similar costs due to market efficiency means that selecting an appropriate market to open a store i...
Baabak Ashuri, William B. Rouse, Douglas A. Bodner
JSAI
2001
Springer
13 years 9 months ago
Complexity of Agents and Complexity of Markets
In this study we rethought efficient market hypothesis from a viewpoint of complexity of market participants’ prediction methods and market price’s dynamics, and examined the ...
Kiyoshi Izumi