Title :
Simulations for Evaluating Electronic Markets - An Agent-Based Environment
Author_Institution :
University of Karlsruhe
Abstract :
The development of electronic markets is a challenging task. The Market Engineering (ME) approach suggests a structured development process. One critical point within electronic market development is the test and verification of the market regarding its design objectives. This paper introduces simulations as an appropriate method for the evaluation of electronic markets. It describes the Agent-based MArket Simulation Environment (AMASE) as one tool for market simulations and presents an example for agent-based market simulation.
Keywords :
Computational intelligence; Computational modeling; Consumer electronics; Electronic equipment testing; Environmental economics; Information management; Intelligent agent; Microstructure; Resource management; Software agents;
Conference_Titel :
Applications and the Internet Workshops, 2005. Saint Workshops 2005. The 2005 Symposium on
Conference_Location :
Trento, Italy
Print_ISBN :
0-7695-2263-7
DOI :
10.1109/SAINTW.2005.1620057
