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© 2008

Bidding Strategies in Agent-Based Continuous Double Auctions

Book

Table of contents

About this book

Introduction

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

  1. 1.Centrum voor Wiskunde en Informatica (CWI)AmsterdamNetherlands
  2. 2.Department of Computer Science and EngineeringThe Chinese University of Hong KongShatin, New Territories Hong KongPR China

Bibliographic information

  • Book Title Bidding Strategies in Agent-Based Continuous Double Auctions
  • Authors Huiye Ma
  • Series Title Whitestein Series in Software Agent Technologies and Autonomic Computing
  • DOI https://doi.org/10.1007/978-3-7643-8730-3
  • Copyright Information Birkhäuser Verlag 2008
  • Publisher Name Birkhäuser Basel
  • eBook Packages Computer Science Computer Science (R0)
  • Softcover ISBN 978-3-7643-8729-7
  • eBook ISBN 978-3-7643-8730-3
  • Edition Number 1
  • Number of Pages VII, 140
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Information Systems and Communication Service
  • Buy this book on publisher's site
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