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» On using ZCS in a Simulated Continuous Double-Auction Market
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AMEC
2004
Springer
13 years 10 months ago
An Evolutionary Game-Theoretic Comparison of Two Double-Auction Market Designs
In this paper we describe an analysis of two double auction markets— the clearing house auction and the continuous double auction. The complexity of these institutions is such th...
Steve Phelps, Simon Parsons, Peter McBurney
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,...
ATAL
2006
Springer
13 years 8 months ago
Evolutionary Stability of Behavioural Types in the Continuous Double Auction
In this paper, we investigate the effectiveness of different types of bidding behaviour for trading agents in the Continuous Double Auction (CDA). Specifically, we consider behavi...
Perukrishnen Vytelingum, Dave Cliff, Nicholas R. J...
GECCO
2009
Springer
138views Optimization» more  GECCO 2009»
13 years 11 months ago
Analysis of micro-behavior and bounded rationality in double auction markets using co-evolutionary GP
We investigate the dynamics of trader behaviors using a co-evolutionary genetic programming system to simulate a double-auction market. The objective of this study is twofold. Fir...
Shu-Heng Chen, Ren-Jie Zeng, Tina Yu
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...