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Design Tradeoffs for Autonomous Trading Agents

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Principles and Practice of Constraint Programming - CP 2002 (CP 2002)

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 2470))

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Abstract

We examine several issues associated with the design of agents trading in e-marketplaces. We use an adaptive, robust agent architecture combining principled methods and empirical knowledge. The agent needs to solve an optimization problem in order to maximize its gain. Deciding the optimal quantities to buy and sell is only part of the problem. The desired prices and the time of bid placement is also important. Bid aggressiveness must be balanced against the cost of obtaining increased flexibility.

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© 2002 Springer-Verlag Berlin Heidelberg

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Vetsikas, I.A. (2002). Design Tradeoffs for Autonomous Trading Agents. In: Van Hentenryck, P. (eds) Principles and Practice of Constraint Programming - CP 2002. CP 2002. Lecture Notes in Computer Science, vol 2470. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-46135-3_83

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  • DOI: https://doi.org/10.1007/3-540-46135-3_83

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-44120-5

  • Online ISBN: 978-3-540-46135-7

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