Using Equilibria to Handle Design Tradeoffs of Autonomous Trading Agents
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چکیده
In previous work we presented a methodology for designing a trading agent when several tradeoffs are present. In this paper we expand this methodology to include design decisions based on Bayes-Nash equilibria that we compute for subproblems of the original problem. In particular we compute Bayes-Nash equilibria for first price single unit auctions and m price multi unit auctions, when the auction has a set of possible closing times, one of which is chosen randomly for the auction to end at. The auctions can therefore have one or more rounds, each of which is defined by the intervals between possible closing times, and during which the auction is treated as sealed bid. Our work is motivated by our participation in the Trading Agent Competition.
منابع مشابه
A Principled Methodology for the Design of Autonomous Trading Agents with Combinatorial Preferences in the Presence of Tradeoffs
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