Designing and Evaluating an Adaptive Trading Agent for Supply Chain Management Applications
He, Minghua, Rogers, Alex, David, Esther and Jennings, N. R. (2005) Designing and Evaluating an Adaptive Trading Agent for Supply Chain Management Applications. In, La Poutré, H, Sadeh, N and Sverker, J (eds.) Agent-mediated Electronic Commerce, Designing Trading Agents and Mechanisms: AAMAS 2005 Workshop AMEC 2005, Utrecht, Netherlands, July 25, 2005, and IJCAI 2005 Workshop TADA 2005, Edinburgh, UK, August 1, 2005, Selected and Revised Papers. IJCAI Workshop on Trading Agent Design and Analysis , Springer, 35-42.
Download
![[img]](http://eprints.soton.ac.uk/style/images/fileicons/application_pdf.png) |
PDF
Download (142Kb) |
Description/Abstract
This paper describes the design and evaluation of SouthamptonSCM, a finalist in the 2004 Trading Agent Supply Chain Management Competition (TAC SCM). In particular, we focus on the way in which our agent sets its prices according to the prevailing market situation and its own inventory level (because this adaptivity and flexibility are the key components of its success). Specifically, we analyse our pricing model’s performance both in the actual competition and in controlled experiments (against both risk-seeking and risk-averse price setting methods). Through this evaluation, we show that SouthamptonSCMperforms well across a broad range of environments.
| Item Type: | Book Section |
|---|---|
| Additional Information: | Event Dates: Auguest 2005 |
| Divisions: | Faculty of Physical and Applied Science > Electronics and Computer Science > Agents, Interactions & Complexity |
| Item ID: | 260846 |
| Date Deposited: | 09 May 2005 |
| Last Modified: | 02 Mar 2012 13:20 |
| Contributors: | He, Minghua (Author) Rogers, Alex (Author) David, Esther (Author) Jennings, N. R. (Author) La Poutré, H (Editor) Sadeh, N (Editor) Sverker, J (Editor) |
| Date: | 2005 |
| Additional Information: | Event Dates: Auguest 2005 |
| Status: | Published |
| Publisher: | Springer |
| Further Information: | Google Scholar |
| URI: | http://eprints.soton.ac.uk/id/eprint/260846 |
Actions (login required)
 |
View Item |
