| Author: | Wong, Yuk Eric |
| Title: | Engineering market-driven agents for electronic auction |
| Degree: | M.Sc. |
| Year: | 2000 |
| Subject: | Auctions -- Data processing Negotiation in business -- Data processing Intelligent agents (Computer software) Electronic commerce Hong Kong Polytechnic University -- Dissertations |
| Department: | Multi-disciplinary Studies Department of Computing |
| Pages: | vi, 94 leaves : ill. ; 30 cm |
| Language: | English |
| Abstract: | While there are several extant agent-based systems addressing the crucial and difficult issues of automated negotiation and auction, this research has designed and engineered a society of trading agents with two distinguishing features: (i) a market-driven negotiation strategy and (ii) a deal optimizing auction protocol. Unlike some of the existing systems where users manually select predefined trading strategies, in the market-driven approach, trading agents automatically select the appropriate strategies by examining the changing market situations. Results from a series of experiments seemed to indicate that the market-driven approach seems to achieve generally more favorable outcomes as compared to the fixed strategy approach. Furthermore, it provides a more intuitive simulation of trading because trading agents are able to respond to different market situations with appropriate strategies. By augmenting the auction protocol with a deal optimization stage, trading agents can be programmed to optimize transaction deals by delaying the finalization of deals in search of better deals. Experimental results showed that by having a deal optimization stage, the auction protocol produced generally optimistic outcomes. |
| Rights: | All rights reserved |
| Access: | restricted access |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| b15321642.pdf | For All Users (off-campus access for PolyU Staff & Students only) | 3.41 MB | Adobe PDF | View/Open |
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