An Evolutionary Approach for Studying Heterogeneous Strategies in Electronic Markets

Alexander Babanov; Wolf Ketter; Maria Gini

doi:10.1007/978-3-540-24701-2_11

An Evolutionary Approach for Studying Heterogeneous Strategies in Electronic Markets

Alexander Babanov, Wolf Ketter, Maria Gini

Research output: Chapter/Conference proceeding › Chapter › Academic

2 Citations (Scopus)

Abstract

We propose an evolutionary approach for studying strategic agents that interact in electronic marketplaces. We describe how this approach can be used when agents' strategies are based on different methodologies employing incompatible rules for collecting information and for reproduction. We present experimental results from a simulated market, where multiple service providers compete for customers using different deployment and pricing schemes. The results show that heterogeneous strategies evolve in the same market and provide useful research data.

Original language	English
Title of host publication	Engineering Self-Organising Applications (ESOA 2003)
Editors	A. Karageorgos, O. F. Rana, F. Zambonelli, G. Di Marzo Serugendo
Place of Publication	Berlin-Heidelberg
Pages	157-168
Number of pages	12
DOIs	https://doi.org/10.1007/978-3-540-24701-2_11
Publication status	Published - 2003
Externally published	Yes

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Bab03ev

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10.1007/978-3-540-24701-2_11

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abstract = "We propose an evolutionary approach for studying strategic agents that interact in electronic marketplaces. We describe how this approach can be used when agents' strategies are based on different methodologies employing incompatible rules for collecting information and for reproduction. We present experimental results from a simulated market, where multiple service providers compete for customers using different deployment and pricing schemes. The results show that heterogeneous strategies evolve in the same market and provide useful research data.",

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AU - Ketter, Wolf

AU - Gini, Maria

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AB - We propose an evolutionary approach for studying strategic agents that interact in electronic marketplaces. We describe how this approach can be used when agents' strategies are based on different methodologies employing incompatible rules for collecting information and for reproduction. We present experimental results from a simulated market, where multiple service providers compete for customers using different deployment and pricing schemes. The results show that heterogeneous strategies evolve in the same market and provide useful research data.

U2 - 10.1007/978-3-540-24701-2_11

DO - 10.1007/978-3-540-24701-2_11

M3 - Chapter

SN - 9783540212010

SP - 157

EP - 168

BT - Engineering Self-Organising Applications (ESOA 2003)

A2 - Karageorgos, A.

A2 - Rana, O. F.

A2 - Zambonelli, F.

A2 - Serugendo, G. Di Marzo

CY - Berlin-Heidelberg

ER -

An Evolutionary Approach for Studying Heterogeneous Strategies in Electronic Markets

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