Mersenne twister: a 623-dimensionally equidistributed uniform pseudo-random number generator
ACM Transactions on Modeling and Computer Simulation (TOMACS) - Special issue on uniform random number generation
High-performance bidding agents for the continuous double auction
Proceedings of the 3rd ACM conference on Electronic Commerce
Machine Dreams: Economics Becomes a Cyborg Science
Machine Dreams: Economics Becomes a Cyborg Science
Competitive Environments Evolve Better Solutions for Complex Tasks
Proceedings of the 5th International Conference on Genetic Algorithms
Co-evolutionary Auction Mechanism Design: A Preliminary Report
AAMAS '02 Revised Papers from the Workshop on Agent Mediated Electronic Commerce on Agent-Mediated Electronic Commerce IV, Designing Mechanisms and Systems
IEEE Transactions on Evolutionary Computation
An Evolutionary Dynamical Analysis of Multi-Agent Learning in Iterated Games
Autonomous Agents and Multi-Agent Systems
Empirical mechanism design: methods, with application to a supply-chain scenario
EC '06 Proceedings of the 7th ACM conference on Electronic commerce
Evolutionary optimization of ZIP60: a controlled explosion in hyperspace
Proceedings of the 8th annual conference on Genetic and evolutionary computation
What evolutionary game theory tells us about multiagent learning
Artificial Intelligence
Strategic bidding in continuous double auctions
Artificial Intelligence
IEEE Transactions on Evolutionary Computation - Special issue on computational finance and economics
Evolutionary optimization of ZIP60: a controlled explosion in hyperspace
TADA/AMEC'06 Proceedings of the 2006 AAMAS workshop and TADA/AMEC 2006 conference on Agent-mediated electronic commerce: automated negotiation and strategy design for electronic markets
Evolutionary stability of behavioural types in the continuous double auction
TADA/AMEC'06 Proceedings of the 2006 AAMAS workshop and TADA/AMEC 2006 conference on Agent-mediated electronic commerce: automated negotiation and strategy design for electronic markets
A novel method for strategy acquisition and its application to a double-auction market game
IEEE Transactions on Systems, Man, and Cybernetics, Part B: Cybernetics - Special issue on game theory
Resource allocation in decentralised computational systems: an evolutionary market-based approach
Autonomous Agents and Multi-Agent Systems
Evolutionary mechanism design: a review
Autonomous Agents and Multi-Agent Systems
ALAMAS'05/ALAMAS'06/ALAMAS'07 Proceedings of the 5th , 6th and 7th European conference on Adaptive and learning agents and multi-agent systems: adaptation and multi-agent learning
Auctions, evolution, and multi-agent learning
ALAMAS'05/ALAMAS'06/ALAMAS'07 Proceedings of the 5th , 6th and 7th European conference on Adaptive and learning agents and multi-agent systems: adaptation and multi-agent learning
A grey-box approach to automated mechanism design
Electronic Commerce Research and Applications
Evolutionary advantage of foresight in markets
Proceedings of the 14th annual conference on Genetic and evolutionary computation
Autonomous Agents and Multi-Agent Systems
Socio-economic vision graph generation and handover in distributed smart camera networks
ACM Transactions on Sensor Networks (TOSN)
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In this paper we describe an analysis of two double auction markets—the clearing house auction and the continuous double auction. The complexity of these institutions is such that they defy analysis using traditional game-theoretic techniques, and so we use heuristic-strategy approximation to provide an approximated game-theoretic analysis. As well as finding heuristic-strategy equilibria for these mechanisms, we subject them to an evolutionary game-theoretic analysis which allows us to quantify which equilibria are more likely to occur. We then weight the design objectives for each mechanism according to the probability distribution over equilibria, which allows us to provide more realistic estimates for the efficiency of each mechanism.