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Third International Joint Conference on Autonomous Agents and Multiagent Systems - Volume 3 (AAMAS'04)
New York City, New York, USA
July 19-July 23
ISBN: 0-7695-2092-8
Ioannis A. Vetsikas, Cornell University
Bart Selman, Cornell University
In previous work we have introduced a principled methodology for systematically exploring the space of bidding strategies when agents participate in a significant number of simultaneous auctions, and thus finding an analytical solution is not possible. We decompose the problem into sub-problems and then use rigorous experimentation to determine the best partial strategies. In this paper we clarify and extend our methodology. We also examine the Bayes-Nash equilibria for some of the design tradeoffs that arise when the problem is decomposed and each tradeoff is examined independently and provide some equilibrium strategies. Our agent White-Bear was created by using the results of this methodology and has consistently been a top-scoring agent in all the competitions.
Citation:
Ioannis A. Vetsikas, Bart Selman, "A Methodology and Equilibria for the Design Tradeoffs of Autonomous Trading Agents," aamas, vol. 3, pp.1286-1287, Third International Joint Conference on Autonomous Agents and Multiagent Systems - Volume 3 (AAMAS'04), 2004
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