Title
No Time Limit And Time Limit Model Of Multiple Round Dutch Auction Based On Genetic Network Programming
Abstract
Nowadays, Dutch auction is used widely at online auction sites. To make online Dutch auction more efficient and more intelligent, it is useful to develop an agent using evolutionary computation which will be adaptive to different auction environments. In this paper, a Genetic Network Programming (GNP) based strategy for auction agents has been proposed to do auctions in multiple round Dutch Auction environments under two types of auction models, no time limit model and time limit model. GNP is a graph-based evolutionary method extended from Genetic Algorithms (GA) and Genetic Programming (GP), which can create optimal solutions by evolution. Although the application of GNP to English auction has been done already, here, a new GNP structure is used for Dutch auction. The simulation results show that the GNP based strategy can also make the agents work well in Dutch auction and the advanced GNP structure makes the agents perform better than that in English auction.
Year
DOI
Venue
2011
10.20965/jaciii.2011.p0003
JOURNAL OF ADVANCED COMPUTATIONAL INTELLIGENCE AND INTELLIGENT INFORMATICS
Keywords
Field
DocType
genetic network programming, multiple round dutch auction, no time limit model, time limit model, co-evolution
Computer science,Simulation,Dutch auction,Artificial intelligence,Time limit,Auction algorithm,Genetic network,Machine learning
Journal
Volume
Issue
ISSN
15
1
1343-0130
Citations 
PageRank 
References 
2
0.43
5
Authors
4
Name
Order
Citations
PageRank
Shingo Mabu149377.00
Donggeng Yu220.77
Chuan Yue322524.00
Kotaro Hirasawa4704113.11