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PriceCast Fuel: Agent Based Fuel Pricing

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Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 9662))

Abstract

Setting the right price at a gas station is a complex task involving numerous parameters. By using a hybrid agent architecture based on BDI and ANN we can model a gas station agent that can learn to model its consumers. The gas station agent can then use the learning from it’s consumer behavior to detect anomalies in the environment and autonomously set its own price to influence the consumer and thereby optimize e.g. gross margin without sacrificing volume.

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References

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Correspondence to Alireza Derakhshan .

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© 2016 Springer International Publishing Switzerland

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Derakhshan, A., Hammer, F., Demazeau, Y. (2016). PriceCast Fuel: Agent Based Fuel Pricing. In: Demazeau, Y., Ito, T., Bajo, J., Escalona, M. (eds) Advances in Practical Applications of Scalable Multi-agent Systems. The PAAMS Collection. PAAMS 2016. Lecture Notes in Computer Science(), vol 9662. Springer, Cham. https://doi.org/10.1007/978-3-319-39324-7_23

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  • DOI: https://doi.org/10.1007/978-3-319-39324-7_23

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-39323-0

  • Online ISBN: 978-3-319-39324-7

  • eBook Packages: Computer ScienceComputer Science (R0)

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