Social influence in the sequential dictator game
Journal of Mathematical Psychology - Special issue on experimental economics
Dynamic pricing by software agents
Computer Networks: The International Journal of Computer and Telecommunications Networking - electronic commerce
JADE: a FIPA2000 compliant agent development environment
Proceedings of the fifth international conference on Autonomous agents
Autonomous Agents and Multi-Agent Systems
Designing the Market Game for a Trading Agent Competition
IEEE Internet Computing
Hierarchical Model for Real Time Simulation of Virtual Human Crowds
IEEE Transactions on Visualization and Computer Graphics
RoboCup 2001: Robot Soccer World Cup V
Truth or Consequences: An Experiment
Management Science
The Influence of Social Dependencies on Decision-Making: Initial Investigations with a New Game
AAMAS '04 Proceedings of the Third International Joint Conference on Autonomous Agents and Multiagent Systems - Volume 2
Modelling social behavior with a socio psychological simulation approach
Web Intelligence and Agent Systems
Graphical Models
Empirical game-theoretic analysis of the TAC Supply Chain game
Proceedings of the 6th international joint conference on Autonomous agents and multiagent systems
Firefly-Inspired Synchronization for Improved Dynamic Pricing in Online Markets
SASO '08 Proceedings of the 2008 Second IEEE International Conference on Self-Adaptive and Self-Organizing Systems
Collaborative multi agent physical search with Probabilistic knowledge
IJCAI'09 Proceedings of the 21st international jont conference on Artifical intelligence
Computer
Agent-based vs. population-based simulation of displacement of crime: A comparative study
Web Intelligence and Agent Systems
Less is more: restructuring decisions to improve agent search
The 10th International Conference on Autonomous Agents and Multiagent Systems - Volume 1
Modeling agents based on aspiration adaptation theory
Autonomous Agents and Multi-Agent Systems
Abstraction relations between internal and behavioural agent models for collective decision making
Web Intelligence and Agent Systems
Sequential multi-agent exploration for a common goal
Web Intelligence and Agent Systems
Hi-index | 0.00 |
In this paper we empirically investigate the feasibility of using peer-designed agents PDAs instead of people for the purpose of mechanism evaluation. This approach has been increasingly advocated in agent research in recent years, mainly due to its many benefits in terms of time and cost. Our experiments compare the behavior of 31 PDAs and 150 people in a legacy eCommerce-based price-exploration setting, using different price-setting mechanisms and diverse performance measures. The results show a varying level of similarity between the aggregate behavior obtained when using people and when using PDAs. In some settings similar results were obtained, in others the use of PDAs rather than people yielded substantial differences. This suggests that the ability to generalize results from one successful implementation of PDA-based systems to another, regarding the use of PDAs as a substitute for people in system evaluations, is quite limited. The decision to prefer PDAs for mechanism evaluation is therefore setting dependent and the applicability of the approach must be re-evaluated when switching to a new setting or using a different measure. Furthermore, we show that even in settings where the aggregate behavior is found to be similar, the individual strategies used by agents in each group highly vary. Finally, we report the results of an extensive comparative analysis of the level of optimality reflected in people's and PDAs' individual decisions in our decision making setting. The results show that the decisions of both groups are far from optimal, however the use of PDAs results in strategies that are more than twice as close to the optimal ones.