Chang, Meng, He, Minghua and Luo, Xudong (2011). AstonCAT-plus:an efficient specialist for the TAC market design tournament. IN: Proceedings of the Twenty-Second International Joint Conference on Artificial Intelligence. Walsh, Toby (ed.) ESP: AAAI.
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: | College of Engineering & Physical Sciences > School of Informatics and Digital Engineering > 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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