Strategies and Heuristics Used by the UMBCTAC Agent in the third Trading Agent Competition

@inproceedings{Ding2003StrategiesAH,
  title={Strategies and Heuristics Used by the UMBCTAC Agent in the third Trading Agent Competition},
  author={Li Ding and Timothy W. Finin and Yongmei Shi and Youyong Zou and Zhongli Ding and Rong Pan},
  year={2003}
}
The UMBCTAC agent was one of the top ranked agents in the third international Trading Agent Competition (TAC’02). This paper describes and evaluates the key heuristics used by UMBCTAC, including the early bird heuristic, the balance heuristic, and the separation heuristic. We developed a simple gainrisk model to search safe and profitable allocations for hotel rooms and airline tickets. We also used a novel probabilistic approach to dynamically allocate entertainment tickets and bid in… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.
3 Citations
24 References
Similar Papers

Citations

Publications citing this paper.
Showing 1-3 of 3 extracted citations

References

Publications referenced by this paper.
Showing 1-10 of 24 references

SouthamptonTAC: An adaptive autonomous trading agent

  • He, Jennings, 2003 M. He, N. R. Jennings
  • To appear in ACM Trans on Internet Technology,
  • 2003

McAllester : ATTac2001 : A Learning , Autonomous Bidding Agent

  • Peter Stone, Robert E. Schapire, János Csirik, Michael L. Littman, A. David
  • AMEC
  • 2002
1 Excerpt

Similar Papers

Loading similar papers…