An adaptive bidding agent for multiple English auctions: a neuro-fuzzy approach
He, M., Jennings, N. R. and Prugel-Bennett, A. (2004) An adaptive bidding agent for multiple English auctions: a neuro-fuzzy approach. In, IEEE Conference on Fuzzy Systems, Budapest, Hungary, , 1519-1524.
This paper presents the design, implementation and evaluation of a novel bidding strategy for obtaining goods in multiple overlapping English auctions. The strategy uses fuzzy sets to express trade-offs between multi-attribute goods and exploits neuro-fuzzy techniques to predict the expected closing prices of the auctions and to adapt the gent’s bidding strategy to reflect the type of environment in which it is situated. We show, through empirical evaluation against a number of methods proposed in the multiple auction literature, that our strategy performs effectively and robustly in a wide range of scenarios.
|Item Type:||Conference or Workshop Item (Paper)|
|Divisions:||Faculty of Physical and Applied Science > Electronics and Computer Science > Agents, Interactions & Complexity
Faculty of Physical and Applied Science > Electronics and Computer Science > Comms, Signal Processing & Control
|Date Deposited:||29 Jul 2004|
|Last Modified:||18 Aug 2012 03:36|
|Contributors:||He, M. (Author)
Jennings, N. R. (Author)
Prugel-Bennett, A. (Author)
|Further Information:||Google Scholar|
|ISI Citation Count:||1|
|RDF:||RDF+N-Triples, RDF+N3, RDF+XML, Browse.|
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