An adaptive attitude bidding strategy for agents in continuous double auctions

被引:0
|
作者
Ma, HY [1 ]
Leung, HF [1 ]
机构
[1] Chinese Univ Hong Kong, Dept Comp Sci & Engn, Shatin, Hong Kong, Peoples R China
关键词
D O I
暂无
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
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.
引用
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页码:38 / 43
页数:6
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