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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Spiral - Imperial Co...arrow_drop_down
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
e-Prints Soton
Conference object . 2002 . Peer-reviewed
Data sources: e-Prints Soton
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Evolving Bidding Strategies for Multiple Auctions.

Authors: Anthony, P.; Jennings, N. R.;

Evolving Bidding Strategies for Multiple Auctions.

Abstract

Due to the proliferation of online auctions, there is an increasing need to monitor and bid in multiple auctions in order to procure the best deal for the desired good. Against this background, this paper reports on the development of a heuristic decision making framework that an autonomous agent can exploit to tackle the problem of bidding across multiple auctions with varying protocols (including English, Dutch and Vickrey). The framework is flexible, configurable and enables the agent to adopt varying tactics and strategies that attempt to ensure the desired item is delivered in a manner consistent with the user’s preferences. In this context, however, the best strategy for an agent to use is very much determined by the nature of the environmnet and by the user’s preferences. Given this large space of possibilities, we employ a genetic algorithm to search (offline) for effective strategies in common classes of environment. The strategies that emerge from this evolution are then codified into the agent’s reasoning behaviour so that it can select the most appropriate strategy to employ in its prevailing circumstances.

Country
United Kingdom
Related Organizations
Keywords

Technology, Science & Technology, Computer Science, Computer Science, Artificial Intelligence

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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