Title :
An Analysis of Entries in the First TAC Market Design Competition
Author :
Niu, Jinzhong ; Cai, Kai ; McBurney, Peter ; Parsons, Simon
Author_Institution :
Comput. Sci., CUNY, Brooklyn, NY
Abstract :
This paper presents an analysis of entries in the first TAC market design competition final that compares the entries across several scenarios. The analysis complements previous work analyzing the 2007 competition, demonstrating some vulnerabilities of entries that placed highly in the competition. The paper also suggests a simple strategy that would have performed well.
Keywords :
electronic commerce; electronic trading; game theory; software agents; CAT game; TAC market design; automated auction mechanism design; bilateral game; continuous double auction; multilateral game; software agent; trading agent competition; Computer science; Convergence; Educational institutions; Game theory; Humans; Information analysis; Information science; Intelligent agent; Marketing and sales; Resource management; Auction mechanism design; trading agent competition;
Conference_Titel :
Web Intelligence and Intelligent Agent Technology, 2008. WI-IAT '08. IEEE/WIC/ACM International Conference on
Conference_Location :
Sydney, NSW
Print_ISBN :
978-0-7695-3496-1
DOI :
10.1109/WIIAT.2008.272
