Adaptive Judgement of Price Acceptability

Abstract

There are several bidding strategies in the literature for agents in CDAs to employ, any of which can achieve a good performance. Nevertheless, almost none of these strategies judge whether a price is acceptable before the agents calculate their own asks or bids. [53] by He et al. is the only work in the literature in which the judgement of price acceptability is incorporated into the bidding strategy. With the judgement of price acceptability, agents can improve their profit by accepting asks or bids directly or submitting no asks or bids until they have computed them.