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Clemens van Dinther

Adaptive Bidding in Single-Sided Auctions under Uncertainty: An Agent-based Approach in Market Engineering (Whitestein Series in Software Agent Technologies and Autonomic Computing

Обложка книги Adaptive Bidding in Single-Sided Auctions under Uncertainty: An Agent-based Approach in Market Engineering (Whitestein Series in Software Agent Technologies and Autonomic Computing

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ISBN: 3764380942
Издательство: BirkhA¤user Basel
Год издания: 2007
Страниц: 238
In the last years electronic markets, especially online auctions, have become very popular and received more and more attention in both, business (B2B) as well as in public practice (B2C and C2C). Science, however, is still far from having studied all phenomena and effects which can be observed on electronic markets. Apart from theoretic analysis, other approaches are necessary to evaluate and understand market effects. This book shows that and how software agents can be used to simulate bidding behaviour in electronic auctions. The main emphasis of this book is to apply computational economics to market theory. It summarizes the most common and up-to-date agent-based simulation methods and tools and develops the simulation software AMASE. On basis of the introduced methods a model is established to simulate bidding behaviour under uncertainty. The book addresses researchers, computer scientists, economists and students who are interested in applying agent-based...