By Huiye Ma
This ebook offers a brand new bidding process for brokers to undertake in non-stop double auctions (CDAs) and proposes a few as a rule used instruments to reinforce the functionality of present bidding options in CDAs. it's the first booklet to target CDAs the place a constrained quantity of vendor brokers and client brokers alternate what they need. some of the best functionality of the recent bidding procedure and the instruments proposed via this ebook are illustrated via huge experiments.
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Additional info for Bidding Strategies in Agent-Based Continuous Double Auctions (Whitestein Series in Software Agent Technologies and Autonomic Computing)
Nevertheless, such population distribution is rarely known in a dynamic market. Goyal et al.  propose that in a dynamic multi-agent world, the behaviour of an agent is based on appropriate commitment of the agent to all unexpected situations in the world. The agent needs to know how weak or strong the commitment is if he is committed to executing his action. The agent thus needs to know the degree of his commitment towards the action. This degree of commitment quantiﬁes the agent’s attitude towards the action execution.
2. If there is ob and no oa, the buyer will submit no bid if the current ob is higher than ω, another threshold in the α-ω method for buyers. Otherwise, the buyer will submit his new bid slightly higher than the current ob. When there are already ob and oa, if the current oa is lower than or equal to α, the buyer will accept the ask directly. If the current ob is higher than ω, this buyer will not submit any new bid. Otherwise the buyer will compute the bid by the following equations. 0]. 0]. 3.
The supply equals the demand, increasing from 28 to 70. 2: Performance of seven diﬀerent buyers in static markets. The supply equals the demand, increasing from 28 to 70. be adaptive while they do not consider the long-term adaptivity. As a result, their performance is not as good as that of AA agents. In order to analyze how the long-term attitude aﬀects the whole performance of AA agents, we design an additional set of experiments. We denote AA without the long-term attitude as AA-NL. In the experiment for sellers, there are eight kinds of sellers, ZI-U, ZI-C, ZIP, GD, A-FL, CP, AA, and AA-NL.