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ATAL
2004
Springer
13 years 11 months ago
Temptation and Contribution in C2C Transactions: Implications for Designing Reputation Management Systems
: A reputation management system can promote trust in transactions in an online consumer-to-consumer (C2C) market. We model a C2C market by employing an agent-based approach. To di...
Hitoshi Yamamoto, Kazunari Ishida, Toshizumi Ohta
WECWIS
2003
IEEE
90views ECommerce» more  WECWIS 2003»
13 years 10 months ago
Evolving Market Design in Zero-Intelligence Trader Markets
Vibhu Walia, Andrew Byde, Dave Cliff
SIGECOM
2010
ACM
241views ECommerce» more  SIGECOM 2010»
13 years 10 months ago
A practical liquidity-sensitive automated market maker
Current automated market makers over binary events suffer from two problems that make them impractical. First, they are unable to adapt to liquidity, so trades cause prices to mo...
Abraham Othman, Tuomas Sandholm, David M. Pennock,...
AMMA
2009
Springer
14 years 2 days ago
Impact of Misalignment of Trading Agent Strategy across Multiple Markets
We examine the effect of a market pricing policy designed to attract high-valued traders in a multiple market context using JCAT software. Our experiments show that a simple change...
Jung-woo Sohn, Sooyeon Lee, Tracy Mullen
CORR
2010
Springer
136views Education» more  CORR 2010»
13 years 2 months ago
Comparing Prediction Market Structures, With an Application to Market Making
Ensuring sufficient liquidity is one of the key challenges for designers of prediction markets. Various market making algorithms have been proposed in the literature and deployed ...
Aseem Brahma, Sanmay Das, Malik Magdon-Ismail