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Automated trading in electronic markets is one of the most common and consequential applications of autonomous software agents. Design of effective trading strategies requires thorough understanding of how market mechanisms operate, and appreciation of strategic issues that commonly manifest in trading scenarios. Drawing on research in auction theory and artificial intelligence, this book presents core principles of strategic reasoning that apply to market situations. The author illustrates trading strategy choices through examples of concrete market environments, such as eBay, as well as abstract market models defined by configurations of auctions and traders. Techniques for addressing these choices constitute essential building blocks for the design of trading strategies for rich market applications. The lecture assumes no prior background in game theory or auction theory, or artificial intelligence. Table of Contents: Introduction / Example: Bidding on eBay / Auction Fundamentals / Continuous Double Auctions / Interdependent Markets / Conclusion
The proceedings of the Second International Conference on [title] held in Cambridge, Massachusetts, April 1991, comprise 55 papers on topics including the logical specifications of reasoning behaviors and representation formalisms, comparative analysis of competing algorithms and formalisms, and ana
This volume contains the papers selected for presentation at CEEMAS 2001. The wo- shop was the fourth in a series of international conferences devoted to autonomous agents and multi-agent systems organized in Central-Eastern Europe. Its predecessors wereCEEMAS’99andDAIMAS’97,whichtookplaceinSt. Petersburg,Russia,aswell as DIMAS’95, which took place in Cracow, Poland. Organizers of all these events made efforts to make them wide-open to participants from all over the world. This would have been impossible without some help from friendly centers in the Czech Republic, England, France, Japan, and The Netherlands. DIMAS’95 featured papers from 15 countries, while CEEMAS’99 from 18 co- ...
The proceedings of KR '94 comprise 55 papers on topics including deduction an search, description logics, theories of knowledge and belief, nonmonotonic reasoning and belief revision, action and time, planning and decision-making and reasoning about the physical world, and the relations between KR
Communities are groupings of distributed objects that are capable of com- nicating, directly or indirectly, through the medium of a shared context. To support communities on a wide scale will require developments at all levels of computing, from low-level communication protocols supporting transparent - cess to mobile objects, through to distributed operating systems, through to high-level programming models allowing complex interaction between objects. This workshop brought together researchers interested in the technical issues of supporting communities. This workshop was the third in the DCW series. The ?rst two, entitled D- tributed Computing on the Web, took place in 1998 and 1999 at th...
Market-Based Control is a paradigm for controlling complex systems that would otherwise be very difficult to control, maintain, or expand. The purpose of this volume is to illustrate the utility of market-based control through a series of papers focusing on different applications. This volume, for the first time, brings together the research from a wide range of fields all using a market-based conceptual framework. The features of markets that have provided motivation for these works include decentralization, interacting agents, and some notion of a resource that needs to be allocated. The papers span a range including theoretical considerations, simulations, and implementations.
Electronic Commerce, as a gamut of activities involving electronic transactions performed over a network via software that may be more or less autonomous, is an emerging reality. Strategic studies have shown that electronic commerce is a major growth industry. The book is devoted to the challenges and opportunities that electronic commerce opens for agent technology. For some time, electronic commerce has attracted the avid attention of agent-builders and agent technology researchers, and these have decisively contributed to advancing the state of the art in the field. The second-generation software agents now entering the scene hold great promise for the further advancement of electronic commerce. This book originates from a workshop on Agent-Mediated Electronic Trading held at Agents'98 in Minneapolis, Minnesota, in May 1998. The eleven carefully reviewed and revised papers present a unique survey of software agents in the context of electronic commerce.