Learning internal representations by error propagation
Parallel distributed processing: explorations in the microstructure of cognition, vol. 1
Aggregation operators and fuzzy systems modeling
Fuzzy Sets and Systems
Fuzzy Sets and Systems
Customer coalitions in the electronic marketplace
AGENTS '00 Proceedings of the fourth international conference on Autonomous agents
An agent-based approach for building complex software systems
Communications of the ACM
Economic dynamics of agents in multiple auctions
Proceedings of the fifth international conference on Autonomous agents
Decision procedures for multiple auctions
Proceedings of the first international joint conference on Autonomous agents and multiagent systems: part 2
Neural Fuzzy Control Systems with Structure and Parameter Learning
Neural Fuzzy Control Systems with Structure and Parameter Learning
An English Auction Protocol for Multi-attribute Items
AAMAS '02 Revised Papers from the Workshop on Agent Mediated Electronic Commerce on Agent-Mediated Electronic Commerce IV, Designing Mechanisms and Systems
Prioritised fuzzy constraint satisfaction problems: axioms, instantiation and validation
Fuzzy Sets and Systems - Theme: Multicriteria decision
Developing a bidding agent for multiple heterogeneous auctions
ACM Transactions on Internet Technology (TOIT)
On Agent-Mediated Electronic Commerce
IEEE Transactions on Knowledge and Data Engineering
Artificial Intelligence - Special issue: Fuzzy set and possibility theory-based methods in artificial intelligence
A Fuzzy-Logic Based Bidding Strategy for Autonomous Agents in Continuous Double Auctions
IEEE Transactions on Knowledge and Data Engineering
Decision-theoretic bidding based on learned density models in simultaneous, interacting auctions
Journal of Artificial Intelligence Research
Price prediction in a trading agent competition
Journal of Artificial Intelligence Research
Designing a successful trading agent: A fuzzy set approach
IEEE Transactions on Fuzzy Systems
A spectrum of compromise aggregation operators for multi-attribute decision making
Artificial Intelligence
Decision making in multi-issue e-market auction using fuzzy techniques and negotiable attitudes
Journal of Theoretical and Applied Electronic Commerce Research
Agent-Oriented probabilistic logic programming with fuzzy constraints
PRIMA'06 Proceedings of the 9th Pacific Rim international conference on Agent Computing and Multi-Agent Systems
An overview of cooperative and competitive multiagent learning
LAMAS'05 Proceedings of the First international conference on Learning and Adaption in Multi-Agent Systems
Autonomous Agents and Multi-Agent Systems
Autonomous Seller Agent for Multiple Simultaneous English Auctions
International Journal of Agent Technologies and Systems
Web Intelligence and Agent Systems
Hi-index | 0.01 |
This paper presents the design, implementation, and evaluation of a novel bidding algorithm that a software agent can use to obtain multiple goods from multiple overlapping English auctions. Specifically, an Earliest Closest First heuristic algorithm is proposed that uses neurofuzzy techniques to predict the expected closing prices of the auctions and to adapt the agent's bidding strategy to reflect the type of environment in which it is situated. This algorithm first identifies the set of auctions that are most likely to give the agent the best return and then, according to its attitude to risk, it bids in some other auctions that have approximately similar expected returns, but which finish earlier than those in the best return set. We show through empirical evaluation against a number of methods proposed in the multiple auction literature that our bidding strategy performs effectively and robustly in a wide range of scenarios.