| Presentation | 2000/1/12 Market Stability and Price Signals : Agent-based Simulation and Analysis Hideyuki Mizuta, Ken Steiglitz, Erez Lirov, |
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| PDF Download Page | PDF download Page Link |
| Abstract(in Japanese) | (See Japanese page) |
| Abstract(in English) | We study the effects of different price signals on the stability of an agent-based auction-cleared automated market, using both simulation and analysis. The results show that such markets can be stabilized using a price signal that is the average f all bids, and that this signal leads to more stable behavior if the bids are weighted inversely with the size of the offers. This confirms the notion that information in the order bood is valuable, and suggests new, more stable algorithms for market-based control. |
| Keyword(in Japanese) | (See Japanese page) |
| Keyword(in English) | market / simulation / agent / stability / signal |
| Paper # | AI99-73 |
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| Conference Information | |
| Committee | AI |
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| Conference Date | 2000/1/12(1days) |
| Place (in Japanese) | (See Japanese page) |
| Place (in English) | |
| 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) | Market Stability and Price Signals : Agent-based Simulation and Analysis |
| Sub Title (in English) | |
| Keyword(1) | market |
| Keyword(2) | simulation |
| Keyword(3) | agent |
| Keyword(4) | stability |
| Keyword(5) | signal |
| 1st Author's Name | Hideyuki Mizuta |
| 1st Author's Affiliation | IBM Tokyo Research Laboratory() |
| 2nd Author's Name | Ken Steiglitz |
| 2nd Author's Affiliation | Princeton Univ.Computer Science Department |
| 3rd Author's Name | Erez Lirov |
| 3rd Author's Affiliation | Princeton Univ.Computer Science Department |
| Date | 2000/1/12 |
| Paper # | AI99-73 |
| Volume (vol) | vol.99 |
| Number (no) | 533 |
| Page | pp.pp.- |
| #Pages | 6 |
| Date of Issue | |