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| Stefan Luckner, Daniel Rolli, Christof Momm, Christof Weinhardt, "Market Agents with a Sense for Mechanisms," 2012 IEEE Ninth International Conference on e-Business Engineering, pp. 34-41, IEEE International Conference on e-Business Engineering (ICEBE'05), 2005. | |||
| BibTex | x | ||
| @article{ 10.1109/ICEBE.2005.83, author = {Stefan Luckner and Daniel Rolli and Christof Momm and Christof Weinhardt}, title = {Market Agents with a Sense for Mechanisms}, journal ={2012 IEEE Ninth International Conference on e-Business Engineering}, volume = {0}, year = {2005}, isbn = {0-7695-2430-3}, pages = {34-41}, doi = {http://doi.ieeecomputersociety.org/10.1109/ICEBE.2005.83}, publisher = {IEEE Computer Society}, address = {Los Alamitos, CA, USA}, } | |||
| RefWorks Procite/RefMan/Endnote | x | ||
| TY - CONF JO - 2012 IEEE Ninth International Conference on e-Business Engineering TI - Market Agents with a Sense for Mechanisms SN - 0-7695-2430-3 SP34 EP41 A1 - Stefan Luckner, A1 - Daniel Rolli, A1 - Christof Momm, A1 - Christof Weinhardt, PY - 2005 KW - null VL - 0 JA - 2012 IEEE Ninth International Conference on e-Business Engineering ER - | |||
When software agents act on markets they typically face a predetermined market mechanism. Their strategies are a priori tailored by the agent designer to suit the market mechanism at stake. So, the market mechanisms are only considered and examined at design time.
In this paper, we present an approach to how agents themselves can grasp market mechanisms at runtime, directly derive a valid interaction protocol and consider the mechanism structure for their strategies even for mechanisms they have not known before. For exemplifying our ideas, we present a BPEL implementation of a reverse English auction that is based on the notion of an Auction Reference Model and make the BPEL description available to the agent. We show how the agent will derive an interaction protocol the valid behavior and how it even forms a reasonable strategy when presuming some generic market knowledge and basic strategy building blocks.