An Evolutionary Approach for Studying Heterogeneous Strategies in Electronic Markets

Alexander Babanov, Wolf Ketter, Maria Gini

Research output: Chapter/Conference proceedingChapterAcademic

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 languageEnglish
Title of host publicationEngineering Self-Organising Applications (ESOA 2003)
EditorsA. Karageorgos, O. F. Rana, F. Zambonelli, G. Di Marzo Serugendo
Place of PublicationBerlin-Heidelberg
Pages157-168
Number of pages12
DOIs
Publication statusPublished - 2003
Externally publishedYes

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