An adaptive bidding agent for multiple English auctions: a neuro-fuzzy approach
OA Location
Author(s)
He, M
Jennings, NR
Prugel-Bennett, A
Type
Conference Paper
Abstract
This paper presents the design, implementation and evaluation of a novel bidding strategy for obtaining goods in multiple overlapping English auctions. The strategy uses fuzzy sets to express trade-offs between multi-attribute goods and exploits neuro-fuzzy techniques to predict the expected closing prices of the auctions and to adapt the gent?s bidding strategy to reflect the type of environment in which it is situated. We show, through empirical evaluation against a number of methods proposed in the multiple auction literature, that our strategy performs effectively and robustly in a wide range of scenarios.
Date Issued
2004
Citation
2004, pp.1519-1524
Start Page
1519
End Page
1524
Identifier
http://eprints.soton.ac.uk/259556/
Source
IEEE Conference on Fuzzy Systems
Subjects
Science & Technology
Technology
Computer Science, Artificial Intelligence
Computer Science
AGGREGATION OPERATORS
Publication Status
Unpublished