45 search results - page 1 / 9 » Zero-intelligence agents in prediction markets |
ATAL
2010
Springer
14 years 10 months ago
2010
Springer
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, ...
ATAL
2008
Springer
14 years 11 months ago
2008
Springer
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...
ECAI
2004
Springer
15 years 2 months ago
2004
Springer
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...
MATES
2010
Springer
14 years 7 months ago
2010
Springer
75
Voted
JSAI
2001
Springer
15 years 1 months ago
2001
Springer
In this study we rethought efficient market hypothesis from a viewpoint of complexity of market participants’ prediction methods and market price’s dynamics, and examined the ...