Authors:
First book to focus on continuous double auctions (CDAs) where a limited amount of seller agents and buyer agents trade what they want
First time to propose some generally used tools which are shown to improve the performance of various existing bidding strategies in CDAs
Gives a systematic way to describe how to design experiments for agent based CDAs
Part of the book series: Whitestein Series in Software Agent Technologies and Autonomic Computing (WSSAT)
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Table of contents (8 chapters)
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Front Matter
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Back Matter
About this book
Online auctions are a platform to trade goods on the Internet. In this context, negotiation capabilities for software agents in continuous double auctions (CDAs) are a central concern. Agents need to be able to prepare bids for and evaluate offers on behalf of the users they represent with the aim of obtaining the maximum benefit for their users.
For the agents, their bids are decided according to some bidding strategy. However, in CDAs, it is a complex decision problem because of the inherent uncertainty and dynamics of the auction market. In this book, we present a new bidding strategy for agents to adopt in CDAs and propose tools to enhance the performance of existing bidding strategies in CDAs. The superior performance of the new bidding strategy as well as the tools presented in this book are illustrated through extensive experiments.
Keywords
- adaptivity
- agents
- bidding strategies
- decision problem
- negotiation
- performance
- software agent
- uncertainty
Authors and Affiliations
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Centrum voor Wiskunde en Informatica (CWI), Amsterdam, Netherlands
Huiye Ma
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Department of Computer Science and Engineering, The Chinese University of Hong Kong, Shatin, New Territories Hong Kong, PR China
Ho-fung Leung
Bibliographic Information
Book Title: Bidding Strategies in Agent-Based Continuous Double Auctions
Authors: Huiye Ma, Ho-fung Leung
Series Title: Whitestein Series in Software Agent Technologies and Autonomic Computing
DOI: https://doi.org/10.1007/978-3-7643-8730-3
Publisher: Birkhäuser Basel
eBook Packages: Computer Science, Computer Science (R0)
Copyright Information: Birkhäuser Basel 2008
Softcover ISBN: 978-3-7643-8729-7Published: 23 June 2008
eBook ISBN: 978-3-7643-8730-3Published: 15 September 2008
Edition Number: 1
Number of Pages: VII, 140
Topics: Computer Communication Networks