Artificial Agent Action in Markets

  • Authors:
  • Affiliations:
  • Venue:
  • Electronic Commerce Research - Special issue on agents in electronic commerce
  • Year:
  • 2001

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Abstract

We summarise our experiences of a number of demonstrators and simulation experiments designed to test the feasibility of using artificial decision making agents in real-time domains, and comment on the significance of our results to autonomous artificial agent action patterns in markets. Our main hypothesis is that the use of norms can extend the capability of artificial decision makers beyond what is obtained from implementing individual utility maximizers in keeping with rational choice theory.