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ATAL
2007
Springer
13 years 10 months ago
On the Behavior of Competing Markets Populated by Automated Traders
Abstract. Real market institutions, stock and commodity exchanges for example, do not occur in isolation. Company stock is frequently listed on several stock exchanges, allowing tr...
Jinzhong Niu, Kai Cai, Simon Parsons, Elizabeth Sk...
SIGECOM
2010
ACM
164views ECommerce» more  SIGECOM 2010»
13 years 9 months ago
Automated market-making in the large: the gates hillman prediction market
We designed and built the Gates Hillman Prediction Market (GHPM) to predict the opening day of the Gates and Hillman Centers, the new computer science buildings at Carnegie Mellon...
Abraham Othman, Tuomas Sandholm
AAMAS
2007
Springer
13 years 10 months ago
Using Evolutionary Game-Theory to Analyse the Performance of Trading Strategies in a Continuous Double Auction Market
Abstract. In agent-based computational economics, many different trading strategies have been proposed. Given the kinds of market that such trading strategies are employed in, it i...
Kai Cai, Jinzhong Niu, Simon Parsons
ATAL
2008
Springer
13 years 6 months ago
Zero-intelligence agents in prediction markets
We construct a novel agent-based model of prediction markets in which putative human qualities like learning, reasoning, and profit-seeking are absent. We show that the prices whi...
Abraham Othman
SIGECOM
2004
ACM
132views ECommerce» more  SIGECOM 2004»
13 years 10 months ago
A dynamic pari-mutuel market for hedging, wagering, and information aggregation
I develop a new mechanism for risk allocation and information speculation called a dynamic pari-mutuel market (DPM). A DPM acts as hybrid between a pari-mutuel market and a contin...
David M. Pennock