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» Evolving Market Design in Zero-Intelligence Trader Markets
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COMPLEX
2009
Springer
15 years 4 months ago
Dynamic Regimes of a Multi-agent Stock Market Model
This paper presents a stochastic multi-agent model of stock market. The market dynamics include switches between chartists and fundamentalists and switches in the prevailing opinio...
Tongkui Yu, Honggang Li
WINE
2009
Springer
179views Economy» more  WINE 2009»
15 years 4 months ago
Betting on the Real Line
We study the problem of designing prediction markets for random variables with continuous or countably infinite outcomes on the real line. Our interval betting languages allow tra...
Xi Gao, Yiling Chen, David M. Pennock
ECAI
2008
Springer
14 years 11 months ago
IAMwildCAT: The Winning Strategy for the TAC Market Design Competition
Abstract. In this paper we describe the IAMwildCAT agent, designed for the TAC Market Design game which is part of the International Trading Agent Competition. The objective of an ...
Perukrishnen Vytelingum, Ioannis A. Vetsikas, Bing...
85
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ISR
2006
14 years 9 months ago
How Often Should Reputation Mechanisms Update a Trader's Reputation Profile?
Reputation mechanisms have become an important component of electronic markets, helping to build trust and elicit cooperation among loosely connected and geographically dispersed ...
Chrysanthos Dellarocas
JUCS
2008
143views more  JUCS 2008»
14 years 9 months ago
Market Microstructure Patterns Powering Trading and Surveillance Agents
: Market Surveillance plays important mechanism roles in constructing market models. From data analysis perspective, we view it valuable for smart trading in designing legal and pr...
Longbing Cao, Yuming Ou