Agent-Mediated Electronic Commerce and Trading Agent Design and Analysis: AAMAS 2007 Workshop, AMEC 2007, Honolulu, Hawaii, May 14, 2007, and AAAI 2007 Workshop, TADA 2007, Vancouver, Canada, July 23, 2007, Selected and Revised Papers / Edition 1

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Overview

The explosivegrowthofInternet-enabled distributed electronic marketshas p- sented participants with steadily increasing costs for search, transactions, and coordination. This has resulted in growing interest in the design of intelligent trading agents, mechanisms, and systems. Furthermore, new technologies s- porting business models are resulting in a growing volume of open and horiz- tally integrated markets for trading of an increasingly diverse sets of goods and services. However, growth of technologies for such markets requires innovative solutions to a diverse set of existing and novel technical problems which we are only beginning to understand. Specifically, distributed markets present not only traditional economic problems but also introduce new and challenging com- tational issues that are not represented in classic economic solution concepts. Research in agent-mediated electronic commmerce addresses these issues in thecomputationalsubstratesoftradingagents,andin theelectronicinstitutions thatsupporttrading.Insum,agent-mediatedelectronictraderequiresprincipled design(fromeconomicsandgametheory)andincorporatesnovelcombinationsof theories from difierent disciplines such as computer science, operations research, artificial intelligence, and distributed systems. This volume contains revised, selected papers from the 9th Workshop on Agent-Mediated Electronic Commerce (AMEC IX), co-located with the Sixth International Joint Conference on Autonomous Agents and Multiagent Systems (AAMAS2007),andfromthe5thWorkshoponTradingAgentDesignandAn- ysis(TADA), co-locatedwiththe The 22ndAAAI ConferenceonArtificialInt- ligence (AAAI 2007). The primary, and complementary, goal of both workshops was to continue to bring together novel work from diverse—elds that focus on modeling, implementation, and evaluation of computational trading institutions and/or agent strategies. ThepapersinthisvolumethatoriginatedatAMECfocusonalargevarietyof issuesonauctions,negotiation,andstrategicbehaviorinelectronicmarketplaces. As to auctions, Constantin et al. focus on auction design. They adopt a c- putational approach to the design of dynamic, interdependent-value auctions.

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Product Details

Table of Contents

On Revenue-Optimal Dynamic Auctions for Bidders with Interdependent Values.- Sequential Auctions in Uncertain Information Settings.- Adapting Price Predictions in TAC SCM.- Exploiting Hierarchical Goals in Bilateral Automated Negotiation: Empirical Study.- Theoretically Founded Optimization of Auctioneer’s Revenues in Expanding Auctions.- Designing Bidding Strategies in Sequential Auctions for Risk Averse Agents: A Theoretical and Experimental Investigation.- Traffic Management Based on Negotiations between Vehicles – A Feasibility Demonstration Using Agents.- On Choosing an Efficient Service Selection Mechanism in Dynamic Environments.- Adaptive Sniping for Volatile and Stable Continuous Double Auction Markets.- On the Empirical Evaluation of Mixed Multi-Unit Combinatorial Auctions.- Analysing Buyers’ and Sellers’ Strategic Interactions in Marketplaces: An Evolutionary Game Theoretic Approach.- Reducing Interaction Costs for Self-interested Agents.- Using Information Gain to Analyze and Fine Tune the Performance of Supply Chain Trading Agents.- On the Behavior of Competing Markets Populated by Automated Traders.- Marginal Bidding: An Application of the Equimarginal Principle to Bidding in TAC SCM.

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