Download or read book Adaptive Bidding in Single Sided Auctions under Uncertainty written by Clemens van Dinther and published by Springer Science & Business Media. This book was released on 2007-01-10 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one of the first books on the use of software agents to simulate bidding behavior in electronic auctions. It introduces market theory and computational economics together, and gives an overview on the most common and up-to-date agent-based simulation methods. The book will help the reader learn more about simulations in economics in general and common agent-based methods and tools in particular.

Download or read book Agent Based Computational Economics written by Shu-Heng Chen and published by Routledge. This book was released on 2017-09-19 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to answer two questions that are fundamental to the study of agent-based economic models: what is agent-based computational economics and why do we need agent-based economic modelling of economy? This book provides a review of the development of agent-based computational economics (ACE) from a perspective on how artificial economic agents are designed under the influences of complex sciences, experimental economics, artificial intelligence, evolutionary biology, psychology, anthropology and neuroscience. This book begins with a historical review of ACE by tracing its origins. From a modelling viewpoint, ACE brings truly decentralized procedures into market analysis, from a single market to the whole economy. This book also reviews how experimental economics and artificial intelligence have shaped the development of ACE. For the former, the book discusses how ACE models can be used to analyse the economic consequences of cognitive capacity, personality and cultural inheritance. For the latter, the book covers the various tools used to construct artificial adaptive agents, including reinforcement learning, fuzzy decision rules, neural networks, and evolutionary computation. This book will be of interest to graduate students researching computational economics, experimental economics, behavioural economics, and research methodology.

Download or read book WEBKDD 2002 Mining Web Data for Discovering Usage Patterns and Profiles written by Osmar R. Zaiane and published by Springer. This book was released on 2003-10-02 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1 WorkshopTheme Data mining as a discipline aims to relate the analysis of large amounts of user data to shed light on key business questions. Web usage mining in particular, a relatively young discipline, investigates methodologies and techniques that - dress the unique challenges of discovering insights from Web usage data, aiming toevaluateWebusability,understandtheinterestsandexpectationsofusersand assess the e?ectiveness of content delivery. The maturing and expanding Web presents a key driving force in the rapid growth of electronic commerce and a new channel for content providers. Customized o?ers and content, made possible by discovered knowledge about the customer, are fundamental for the establi- ment of viable e-commerce solutions and sustained and e?ective content delivery in noncommercial domains. Rich Web logs provide companies with data about their online visitors and prospective customers, allowing microsegmentation and personalized interactions. While Web mining as a domain is several years old, the challenges that characterize data analysis in this area continue to be formidable. Though p- processing data routinely takes up a major part of the e?ort in data mining, Web usage data presents further challenges based on the di?culties of assigning data streams to unique users and tracking them over time. New innovations are required to reliably reconstruct sessions, to ascertain similarity and di?erences between sessions, and to be able to segment online users into relevant groups.

Download or read book Practical Applications of Agent Based Technology written by Haiping Xu and published by BoD – Books on Demand. This book was released on 2012-03-21 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agent-based technology provides a new computing paradigm, where intelligent agents can be used to perform tasks such as sensing, planning, scheduling, reasoning and decision-making. In an agent-based system, software agents with sufficient intelligence and autonomy can either work independently or coordinately with other agents to accomplish tasks and missions. In this book, we provide up-to-date practical applications of agent-based technology in various fields, such as electronic commerce, grid computing, and adaptive virtual environment. The selected applications are invaluable for researchers and practitioners to understand the practical usage of agent-based technology, and also to apply agent-based technology innovatively in different areas.

Download or read book The Handbook of Market Design written by Nir Vulkan and published by OUP Oxford. This book was released on 2013-08-29 with total page 706 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists often look at markets as given, and try to make predictions about who will do what and what will happen in these markets. Market design, by contrast, does not take markets as given; instead, it combines insights from economic and game theory together with common sense and lessons learned from empirical work and experimental analysis to aid in the design and implementation of actual markets In recent years the field has grown dramatically, partially because of the successful wave of spectrum auctions in the US and in Europe, which have been designed by a number of prominent economists, and partially because of the increase use of the Internet as the platform over which markets are designed and run There is now a large number of applications and a growing theoretical literature. The Handbook of Market Design brings together the latest research from leading experts to provide a comprehensive description of applied market design over the last two decades In particular, it surveys matching markets: environments where there is a need to match large two-sided populations to one another, such as medical residents and hospitals, law clerks and judges, or patients and kidney donors It also examines a number of applications related to electronic markets, e-commerce, and the effect of the Internet on competition between exchanges.

Download or read book The Oxford Handbook of the Digital Economy written by Martin Peitz and published by Oxford University Press. This book was released on 2012-08-23 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic analysis of the digital economy has been a rapidly developing research area for more than a decade. Through authoritative examination by leading scholars, this Handbook takes a closer look at particular industries, business practices, and policy issues associated with the digital industry. The volume offers an up-to-date account of key topics, discusses open questions, and provides guidance for future research. It offers a blend of theoretical and empirical works that are central to understanding the digital economy. The chapters are presented in four sections, corresponding with four broad themes: 1) infrastructure, standards, and platforms; 2) the transformation of selling, encompassing both the transformation of traditional selling and new, widespread application of tools such as auctions; 3) user-generated content; and 4) threats in the new digital environment. The first section covers infrastructure, standards, and various platform industries that rely heavily on recent developments in electronic data storage and transmission, including software, video games, payment systems, mobile telecommunications, and B2B commerce. The second section takes account of the reduced costs of online retailing that threatens offline retailers, widespread availability of information as it affects pricing and advertising, digital technology as it allows the widespread employment of novel price and non-price strategies (bundling, price discrimination), and auctions, as well as better tar. The third section addresses the emergent phenomenon of user-generated content on the Internet, including the functioning of social networks and open source. Finally, the fourth section discusses threats arising from digitization and the Internet, namely digital piracy, privacy and internet security concerns.

Download or read book Innovations in Information Systems for Business Functionality and Operations Management written by Wang, John and published by IGI Global. This book was released on 2012-04-30 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book offers the latest research in IS/IT applications related to business and operations management, with contributions in the form of case studies, methodologies, best practices, frameworks, and research"--Provided by publisher.

Download or read book Artificial Evolution written by Pierre Liardet and published by Springer Science & Business Media. This book was released on 2004-04-08 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the thoroughly refereed post-proceedings of the 6th International Conference on Artificial Evolution, EA 2003, held in Marseilles, France in October 2003. The 32 revised full papers presented were carefully selected and improved during two rounds of reviewing and revision. The papers are organized in topical sections on theoretical issues, algorithmic issues, applications, implementation issues, genetic programming, coevolution and agent systems, artificial life, and cellular automata.

Download or read book Agent Mediated Electronic Commerce Automated Negotiation and Strategy Design for Electronic Markets written by Maria Fasli and published by Springer. This book was released on 2007-06-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the thoroughly refereed post-proceedings of the joint International Workshops on Trading Agent Design and Analysis, TADA 2006, and on Agent Mediated Electronic Commerce, AMEC VIII 2006, held in Hakodate, Japan. The papers address a mix of both theoretical and practical issues in trading agent design and technologies, theoretical and empirical evaluation of strategies in complex trading scenarios as well as mechanism design.

Download or read book Agents and Artificial Intelligence written by Ana Paula Rocha and published by Springer Nature. This book was released on 2021-03-13 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the revised and extended versions of selected papers from the 12th International Conference on Agents and Artificial Intelligence, ICAART 2020, held in Valletta, Malta, in February 2020. Overall, 45 full papers, 74 short papers, and 56 poster papers were carefully reviewed and selected from 276 initial submissions. 23 of the 45 full papers were selected to be included in this volume. These papers deal with topics such as agents and artificial intelligence.

Download or read book Agent Mediated Electronic Commerce VI written by Peyman Faratin and published by Springer. This book was released on 2006-02-14 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the thoroughly refereed post-proceedings of the 6th International Workshop on Agent-Mediated Electronic Commerce, AMEC 2006, held in New York, NY, USA in July 2004 as part of AAMAS 2004. The 15 revised full papers presented were carefully selected from 39 submissions during two rounds of reviewing and revision. The papers bring together novel work from such diverse fields as Computer Science, Operations Research, Artificial Intelligence and Distributed Systems that focus on modeling, implementation and evaluation of computational trading institution and/or agent strategies over a diverse set of goods. They are organized in topical sections on mechanism design, trading agents, and tools.

Download or read book Progress in Artificial Intelligence written by Pedro Barahona and published by Springer. This book was released on 2003-07-31 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Portuguese Association for Arti cial Intelligence (APPIA) has been re- larly organising the Portuguese Conference on Arti cial Intelligence (EPIA). This ninth conference follows previous ones held in Porto (1985), Lisboa (1986), Braga (1987), Lisboa (1989), Albufeira (1991), Porto (1993), Funchal (1995) and Coimbra (1997). Starting in 1989, the conferences have been held biennially (alternating with an APPIA Advanced School on Arti cial Intelligence) and become truly international: English has been adopted as the o cial language and the proceedings are published in Springer’s LNAI series. The conference has recon rmed its high international standard this year, largely due to its programme committee, composed of distinguished researchers in a variety of specialities in Arti cial Intelligence, half of them from Portuguese universities. This has attracted a signi cant international interest, well expressed by the number of papers submitted (66), from 17 di erent countries, 29 of which are by Portuguese researchers. From the 66 papers submitted, about one third of them (23) were selected for oral presentation and have been published in this volume. The review process enabled the selection of high quality papers, each paper being reviewed by two or three reviewers, either from the programme committee or by their appointment. We would like to thank all of the reviewers for their excellent and hard work.

Download or read book Emissions Trading written by Ralf Antes and published by Springer Science & Business Media. This book was released on 2008-07-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions trading challenges the management of companies in an entirely new manner. Most importantly it shifts the mode of governance of environmental policy from hierarchy to market. The contributions in this book discuss the theoretical implications of different institutional designs of emissions trading schemes. They review schemes implemented in the US and Europe, and evaluate the range of investment decisions and corporate strategies resulting from the new policy framework.

Download or read book Autonomous Bidding Agents written by Michael P. Wellman and published by MIT Press. This book was released on 2007 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: E-commerce increasingly provides opportunities for autonomous bidding agents: computer programs that bid in electronic markets without direct human intervention. Automated bidding strategies for an auction of a single good with a known valuation are fairly straightforward; designing strategies for simultaneous auctions with interdependent valuations is a more complex undertaking. This book presents algorithmic advances and strategy ideas within an integrated bidding agent architecture that have emerged from recent work in this fast-growing area of research in academia and industry. The authors analyze several novel bidding approaches that developed from the Trading Agent Competition (TAC), held annually since 2000. The benchmark challenge for competing agents--to buy and sell multiple goods with interdependent valuations in simultaneous auctions of different types--encourages competitors to apply innovative techniques to a common task. The book traces the evolution of TAC and follows selected agents from conception through several competitions, presenting and analyzing detailed algorithms developed for autonomous bidding. Autonomous Bidding Agents provides the first integrated treatment of methods in this rapidly developing domain of AI. The authors--who introduced TAC and created some of its most successful agents--offer both an overview of current research and new results. Michael P. Wellman is Professor of Computer Science and Engineering and member of the Artificial Intelligence Laboratory at the University of Michigan, Ann Arbor. Amy Greenwald is Assistant Professor of Computer Science at Brown University. Peter Stone is Assistant Professor of Computer Sciences, Alfred P. Sloan Research Fellow, and Director of the Learning Agents Group at the University of Texas, Austin. He is the recipient of the International Joint Conference on Artificial Intelligence (IJCAI) 2007 Computers and Thought Award.

Download or read book Optimization Techniques for Solving Complex Problems written by Enrique Alba and published by John Wiley & Sons. This book was released on 2009-03-23 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real-world problems and modern optimization techniques to solve them Here, a team of international experts brings together core ideas for solving complex problems in optimization across a wide variety of real-world settings, including computer science, engineering, transportation, telecommunications, and bioinformatics. Part One—covers methodologies for complex problem solving including genetic programming, neural networks, genetic algorithms, hybrid evolutionary algorithms, and more. Part Two—delves into applications including DNA sequencing and reconstruction, location of antennae in telecommunication networks, metaheuristics, FPGAs, problems arising in telecommunication networks, image processing, time series prediction, and more. All chapters contain examples that illustrate the applications themselves as well as the actual performance of the algorithms.?Optimization Techniques for Solving Complex Problems is a valuable resource for practitioners and researchers who work with optimization in real-world settings.

Download or read book Bidding Strategies in Agent Based Continuous Double Auctions written by Huiye Ma and published by Springer Science & Business Media. This book was released on 2008-09-15 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a new bidding strategy for agents to adopt in continuous double auctions (CDAs) and proposes some generally used tools to enhance the performance of existing bidding strategies in CDAs. It is the first book to focus on CDAs where a limited amount of seller agents and buyer agents trade what they want. The superior performance of the new bidding strategy and the tools proposed by this book are illustrated through extensive experiments.

Download or read book Towards the E Society written by Beat Schmid and published by Springer. This book was released on 2008-11-16 with total page 841 pages. Available in PDF, EPUB and Kindle. Book excerpt: I3E 2001 is the first in a series of conferences on e-commerce, e-business, and- government organised by the three IFIP committees TC6, TC8, and TC11. It provides a forum, where users, engineers, and scientists from academia, industry, and government can present their latest findings in e-commerce, e-business, and- government applications and the underlying technology to support those applications. The conference comprises a main track and mini tracks dedicated to special topics. The papers presented in the main track were rigorously refereed and selected by the International Programme Committee of the conference. Thematically they were grouped in the following sessions: – Sessions on security and trust, comprising nine papers referring to both trust and security in general as well as presenting specific concepts for enhancing trust in the digital society. – Session on inter-organisational transactions, covering papers related to auditing of inter-organizational trade procedures, cross-organizational workflow and transactions in Business to Business platforms. – Session on virtual enterprises, encompassing papers describing innovative approaches for creating virtual enterprises as well as describing examples of virtual enterprises in specific industries. – Session on online communities containing three papers, which provide case studies of specific online communities and various concepts on how companies can build and harness the potential of online communities. – Sessions on strategies and business models with papers describing specific business models as well as general overviews of specific approaches for E- Strategy formulation.