AstonCAT-plus:an efficient specialist for the TAC market design tournament

Abstract

This paper describes the strategies used by AstonCAT-Plus, the post-tournament version of the specialist designed for the TAC Market Design Tournament 2010. It details how AstonCATPlus accepts shouts, clears market, sets transaction prices and charges fees. Through empirical evaluation, we show that AstonCAT-Plus not only outperforms AstonCAT (tournament version) significantly but also achieves the second best overall score against some top entrants of the competition. In particular, it achieves the highest allocative efficiency, transaction success rate and average trader profit among all the specialists in our controlled experiments.

Publication DOI: https://doi.org/10.5591/978-1-57735-516-8/IJCAI11-036
Divisions: Engineering & Applied Sciences > Computer Science
Event Title: 22nd International Joint Conference on Artificial Intelligence
Event Type: Other
Event Dates: 2011-07-16 - 2011-07-22
Uncontrolled Keywords: multi-agent system,trading agent competition,market mechanism design,Artificial Intelligence
ISBN: 978-1-57735-513-7, 978-1-57735-512-0
Full Text Link: http://ijcai.or ... IJCAI11-036.pdf
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Conference contribution
Published Date: 2011
Authors: Chang, Meng
He, Minghua
Luo, Xudong

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