Presentation | 2001/1/3 Multi-Agent Simulation and Dynamic Online Auction Hideyuki Mizuta, |
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Abstract(in Japanese) | (See Japanese page) |
Abstract(in English) | The need to understand dynamic behavior in auctions is increasing with the popularization of online auctions.We describe simulations of a typical online auction, where the duration is fixed, and the second-highest price is continuously posted and determines the winner's payment.We modeled agents of two types:early bidders, who can bid any time during the auction period, and snipers, who wait till the last moments to bid.This allows us to study the interactions of the two types of bidders during the course of auctions, and the effects of the two strategies on the probability of winning, the final price, and the formation of price consensus in iterated auctions. |
Keyword(in Japanese) | (See Japanese page) |
Keyword(in English) | simulation / agent / online / auction / dynamics / heterogeneous |
Paper # | AI2000-46 |
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Conference Information | |
Committee | AI |
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Conference Date | 2001/1/3(1days) |
Place (in Japanese) | (See Japanese page) |
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Topics (in Japanese) | (See Japanese page) |
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Paper Information | |
Registration To | Artificial Intelligence and Knowledge-Based Processing (AI) |
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Language | JPN |
Title (in Japanese) | (See Japanese page) |
Sub Title (in Japanese) | (See Japanese page) |
Title (in English) | Multi-Agent Simulation and Dynamic Online Auction |
Sub Title (in English) | |
Keyword(1) | simulation |
Keyword(2) | agent |
Keyword(3) | online |
Keyword(4) | auction |
Keyword(5) | dynamics |
Keyword(6) | heterogeneous |
1st Author's Name | Hideyuki Mizuta |
1st Author's Affiliation | IBM Tokyo Research Laboratory() |
Date | 2001/1/3 |
Paper # | AI2000-46 |
Volume (vol) | vol.100 |
Number (no) | 529 |
Page | pp.pp.- |
#Pages | 6 |
Date of Issue |