Title :
An agent bidding strategy based on fuzzy logic in a continuous double auction
Author :
He, Minghua ; Leung, Ho-fung
Author_Institution :
Dept. of Comput. Sci. & Eng., Chinese Univ. of Hong Kong, China
Abstract :
This paper presents the design, implementation and evaluation of a fuzzy logic based bidding strategy, the FL-strategy, for an agent in a Continuous Double Auction (CDA). According to the outstanding bid, the outstanding ask and the reference price, the FL-strategy employs heuristic fuzzy rules and a reasoning mechanism to find the best ask/bid for an agent
Keywords :
electronic commerce; fuzzy logic; inference mechanisms; FL-strategy; agent bidding strategy; continuous double auction; fuzzy logic; heuristic fuzzy rules; reasoning mechanism; Computer science; Cost accounting; Fuzzy logic; Fuzzy reasoning; Game theory; Helium; History; Multiagent systems; Protocols;
Conference_Titel :
Systems, Man, and Cybernetics, 2001 IEEE International Conference on
Conference_Location :
Tucson, AZ
Print_ISBN :
0-7803-7087-2
DOI :
10.1109/ICSMC.2001.969876
