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An Architecture for Assembling Agents that Participate in Alternative Heterogeneous Auctions

Dumas, Marlon, Governatori, Guido, ter Hofstede, Arthur H.M., & Russell, Nick (2002) An Architecture for Assembling Agents that Participate in Alternative Heterogeneous Auctions. In 12th Workshop on Research Issues in Data Engineering (RIDE), 26 February 2002, San Jose CA, USA.

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Abstract

This paper addresses the issue of developing agents capable of participating in several potentially simultaneous auctions of different kinds (English, First-Price, Vickrey), with the goal of finding the best price for an item on behalf of their users. Specifically, a multi-agent architecture is proposed, in which a manager agent cooperates with several expert agents, each specialised in a specific kind of auction. The expert agents communicate their knowledge to the manager agent in the form of probability functions, capturing the likelihood that a bid of a given price may win an auction. Given a set of such functions, the manager agent builds a bidding plan that it executes in concert with the expert agents.

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ID Code: 1783
Item Type: Conference Paper
Keywords: online auction, automated bidding, e, commerce agent
DOI: 10.1109/RIDE.2002.995101
Divisions: Past > QUT Faculties & Divisions > Faculty of Science and Technology
Copyright Owner: Copyright 2002 IEEE
Copyright Statement: Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.
Deposited On: 06 Jul 2005
Last Modified: 09 Jun 2010 22:26

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