Wolf Ketter's Publications

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An Evolutionary Framework for Determining Heterogeneous Strategies in Multi-Agent Marketplaces

Alexander Babanov, Wolfgang Ketter, and Maria Gini. An Evolutionary Framework for Determining Heterogeneous Strategies in Multi-Agent Marketplaces. Technical Report ERS-2008-002-LIS, RSM Erasmus University, 2008.

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Abstract

We propose an evolutionary approach for studying the dynamics of interaction of strategic agents that interact in a marketplace. The goal is to learn which agent strategies are most suited by observing the distribution of the agents that survive in the market over extended periods of time. We present experimental results from a simulated market, where multiple service providers compete for customers using different deployment and pricing schemes. The results show that heterogeneous strategies evolve and co-exist in the same market.

@TechReport{Babanov-ERIM-WP08,
  author =       "Alexander Babanov and Wolfgang Ketter and Maria Gini",
  title =        "An Evolutionary Framework for Determining Heterogeneous Strategies in Multi-Agent Marketplaces",
  year =         2008,
  abstract = "We propose an evolutionary approach for studying the dynamics of
interaction of strategic agents that interact in a marketplace.
The goal is to learn which agent strategies are most suited by
observing the distribution of the agents that survive in the market
over extended periods of time.
We present experimental results from a simulated market, where
multiple service providers compete for customers using different
deployment and pricing schemes. The results show that heterogeneous
strategies evolve and co-exist in the same market.",
  institution =  "RSM Erasmus University",
  number =       "ERS-2008-002-LIS",
  address =      "Rotterdam, The Netherlands",
  bib2html_pubtype = {Unrefereed},
  bib2html_rescat = {Trading Agents: Evolutionary Markets},
}

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