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, ...
We develop a new model to analyse the strategic behaviour of buyers and sellers in market mechanisms. In particular, we wish to understand how the different strategies they adopt ...
Perukrishnen Vytelingum, Dave Cliff, Nicholas R. J...
The need for new theoretical and experimental approaches to understand dynamic and heterogeneous behavior in complex economic and social systems is increasing recently. An approac...
Multi-agent systems (MASs), comprised of autonomous entities with the aim to cooperate to reach a common goal, may be viewed as computational models of distributed complex systems ...
Artificial agents, people, institutes and societies all have the ability to make decisions. Decision making as a research area therefore involves a broad spectrum of sciences, ran...
Bart Kamphorst, Arlette van Wissen, Virginia Dignu...