|
Published Articles >> Table of Contents >> Abstract
2005 IEEE International Conference on e-Technology, e-Commerce and e-Service (EEE'05)
pp. 38-43
An Adaptive Attitude Bidding Strategy for Agents in Continuous Double Auctions
Huiye Ma, The Chinese University of Hong Kong
Ho-fung Leung, The Chinese University of Hong Kong
Full Article Text:
  
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/EEE.2005.29
Send link to a friend
| Abstract |
|
Continuous Double Auction (CDA) is a popular market institution for real-world trading of commodities as well as electronic marketplaces. In this paper, we present the design and analysis of a new strategy for buyer and seller agents participating in agent-based CDAs. We consider a series of CDAs, the participants of which have similar behaviors in any two successive CDAs. These strategies employ heuristic rules and reasoning mechanism based on a two-level adaptive bid-determination method, including long-term and short-term attitudes. Agents adopting these strategies dynamically adjust their behaviors in response to the changes of the supply-demand relation in the market. Experiments show that agents adopting these strategies outperform other strategies reported in the literature.
|
 Additional Information
|
Citation:
Huiye Ma, Ho-fung Leung,
"An Adaptive Attitude Bidding Strategy for Agents in Continuous Double Auctions,"
eee,
pp. 38-43,
2005 IEEE International Conference on e-Technology, e-Commerce and e-Service (EEE'05),
2005
|
|
