Title
Using Agent's Eagerness and Competition in Automated Bidding Strategy
Abstract
To be successful in multi-attribute auction, agents must be capable of adapting to continuous changing bidding price. This paper presents a novel fuzzy attitude based bidding strategy (FA-Bid), which employs dual assessment technique i.e. assessment of multiple attributes of the goods as well as assessment of agents attitude (eagerness) to procure an item in automated auction. The assessment of attributes adapts the fuzzy sets technique to handle uncertainty of the bidding process as well use heuristic rules to determine attitude of bidding agents in simulated auctions to procure goods. The overall assessment is used to determine a price range based on current bid, which finally selects the best one as the new bid.
Year
DOI
Venue
2008
10.1109/WIIAT.2008.303
Web Intelligence and Intelligent Agent Technology, 2008. WI-IAT '08. IEEE/WIC/ACM International Conference
Keywords
Field
DocType
commerce,fuzzy set theory,software agents,automated auction,automated bidding strategy,bidding agents,continuous changing bidding price,fuzzy attitude based bidding strategy,fuzzy sets technique,heuristic rules,multiattribute auction
Data mining,Intelligent agent,Heuristic,Computer science,Operations research,Software agent,Fuzzy set,Common value auction,Real-time bidding,Bidding,Ebidding
Conference
Volume
ISBN
Citations 
1
978-0-7695-3496-1
1
PageRank 
References 
Authors
0.35
16
2
Name
Order
Citations
PageRank
Madhu Lata Goyal110.35
Jun Ma21210.74