An Evolutionary Framework for Determining Heterogeneous Strategies in Multi-Agent Marketplaces

Wolf Ketter, Alexander Babanov, Maria Gini

Research output: Book/Report/Inaugural speech/Farewell speechReportAcademic


We propose an evolutionary approach for studying the dynamics of interaction of strategic agents that interact in a marketplace. The goal is to learn which agent strategies are most suited by observing the distribution of the agents that survive in the market over extended periods of time. 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 and co-exist in the same market.
Original languageUndefined/Unknown
Place of PublicationRotterdam, The Netherlands
PublisherRotterdam School of Management (RSM), EUR
Publication statusPublished - 2008
Externally publishedYes

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