This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Multiagent System Platform for Auction Simulations Author info | Abstract | Publisher info | Download info | Related research | Statistics Alan Mehlenbacher () (Department of Economics, University of Victoria )
I have developed a multiagent system platform that provides a valuable complement to the alternative auction research methods. The platform facilitates the development of heterogeneous agents and provides an experimental environment that is under the experimenter's complete control. Simulations with alternative learning methods results in impulse balance learning as the most promising approach for auctions.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by Department of Economics, University of Victoria in its series Department Discussion Papers with number
0706.
Download reference. The following formats are available: HTML ,
plain text ,
BibTeX ,
RIS (EndNote),
ReDIF
Length: 28 pages
Date of creation: 19 Nov 2007Date of revision:
Handle: RePEc:vic:vicddp:0706Note: ISSN 1914-2838Contact details of provider: Postal: PO Box 1700, STN CSC, Victoria, BC, Canada, V8W 2Y2 Phone: (250)721-8540 Fax: (250)721-6214 Web page: http://web.uvic.ca/econ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (David Giles).
Keywords: Axiomatic bargaining resource monotonicity transferable utility risk aversion Other versions of this item:
Find related papers by JEL classification: C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Armantier, Olivier, 2004.
"Does observation influence learning? ,"
Games and Economic Behavior ,
Elsevier, vol. 46(2), pages 221-239, February.
[Downloadable!] (restricted)
Other versions: Li, Tong & Perrigne, Isabelle & Vuong, Quang, 2000.
"Conditionally independent private information in OCS wildcat auctions ,"
Journal of Econometrics ,
Elsevier, vol. 98(1), pages 129-161, September.
[Downloadable!] (restricted)
Philip A. Haile & Han Hong & Matthew Shum, 2003.
"Nonparametric Tests for Common Values in First-Price Sealed-Bid Auctions ,"
Cowles Foundation Discussion Papers
1445, Cowles Foundation, Yale University.
[Downloadable!]
Other versions: Andreoni James & Miller John H., 1995.
"Auctions with Artificial Adaptive Agents ,"
Games and Economic Behavior ,
Elsevier, vol. 10(1), pages 39-64, July.
[Downloadable!] (restricted)
Seale, Darryl A. & Daniel, Terry E. & Rapoport, Amnon, 2001.
"The information advantage in two-person bargaining with incomplete information ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 44(2), pages 177-200, February.
[Downloadable!] (restricted)
Ockenfels, Axel & Selten, Reinhard, 2005.
"Impulse balance equilibrium and feedback in first price auctions ,"
Games and Economic Behavior ,
Elsevier, vol. 51(1), pages 155-170, April.
[Downloadable!] (restricted)
Other versions: Garvin, Susan & Kagel, John H., 1994.
"Learning in common value auctions: Some initial observations ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 25(3), pages 351-372, December.
[Downloadable!] (restricted)
John H. Kagel & Dan Levin, 1999.
"Common Value Auctions with Insider Information ,"
Econometrica ,
Econometric Society, vol. 67(5), pages 1219-1238, September.
Dyer, Douglas & Kagel, John H & Levin, Dan, 1989.
"A Comparison of Naive and Experienced Bidders in Common Value Offer Auctions: A Laboratory Analysis ,"
Economic Journal ,
Royal Economic Society, vol. 99(394), pages 108-15, March.
[Downloadable!] (restricted)
Other versions: Neugebauer, Tibor & Selten, Reinhard, 2006.
"Individual behavior of first-price auctions: The importance of information feedback in computerized experimental markets ,"
Games and Economic Behavior ,
Elsevier, vol. 54(1), pages 183-204, January.
[Downloadable!] (restricted)
Susan Athey & Jonathan Levin, 1999.
"Information and Competition in U.S. Forest Service Timber Auctions ,"
Working papers
99-12, Massachusetts Institute of Technology (MIT), Department of Economics.
Other versions:
Susan Athey & Jonathan Levin, 1999.
"Information and Competition in U.S. Forest Service Timber Auctions ,"
NBER Working Papers
7185, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Susan Athey & Jonathan Levin, 2001.
"Information and Competition in U.S. Forest Service Timber Auctions ,"
Journal of Political Economy ,
University of Chicago Press, vol. 109(2), pages 375-417, April.
[Downloadable!] (restricted) Quang Vuong & Sandra Campo & Isabelle Perrigne, 2003.
"Asymmetry in first-price auctions with affiliated private values ,"
Journal of Applied Econometrics ,
John Wiley & Sons, Ltd., vol. 18(2), pages 179-207.
[Downloadable!]
Bower, John & Bunn, Derek, 2001.
"Experimental analysis of the efficiency of uniform-price versus discriminatory auctions in the England and Wales electricity market ,"
Journal of Economic Dynamics and Control ,
Elsevier, vol. 25(3-4), pages 561-592, March.
[Downloadable!] (restricted)
Tong Li & Isabelle Perrigne, 2003.
"Timber Sale Auctions with Random Reserve Prices ,"
The Review of Economics and Statistics ,
MIT Press, vol. 85(1), pages 189-200, 01.
[Downloadable!] (restricted)
Dawid, Herbert, 1999.
"On the convergence of genetic learning in a double auction market ,"
Journal of Economic Dynamics and Control ,
Elsevier, vol. 23(9-10), pages 1545-1567, September.
[Downloadable!] (restricted)
De Silva, Dakshina G. & Dunne, Timothy & Kosmopoulou, Georgia, 2002.
"Sequential bidding in auctions of construction contracts ,"
Economics Letters ,
Elsevier, vol. 76(2), pages 239-244, July.
[Downloadable!] (restricted)
Camerer, Colin F. & Ho, Teck-Hua & Chong, Juin-Kuan, 2002.
"Sophisticated Experience-Weighted Attraction Learning and Strategic Teaching in Repeated Games ,"
Journal of Economic Theory ,
Elsevier, vol. 104(1), pages 137-188, May.
[Downloadable!] (restricted)
Alan Mehlenbacher, 2007.
"Multiagent System Simulations of Sealed-Bid Auctions with Two-Dimensional Value Signals ,"
Department Discussion Papers
0707, Department of Economics, University of Victoria.
[Downloadable!]
Ohtsubo, Yohsuke & Rapoport, Amnon, 2006.
"Depth of reasoning in strategic form games ,"
The Journal of Socio-Economics ,
Elsevier, vol. 35(1), pages 31-47, February.
[Downloadable!] (restricted)
Dakshina G. De Silva & Timothy Dunne & Georgia Kosmopoulou, 2003.
"An Empirical Analysis of Entrant and Incumbent Bidding in Road Construction Auctions ,"
Journal of Industrial Economics ,
Blackwell Publishing, vol. 51(3), pages 295-316, 09.
[Downloadable!] (restricted)
Alan Mehlenbacher, 2007.
"Multiagent System Simulations of Treasury Auctions ,"
Department Discussion Papers
0709, Department of Economics, University of Victoria.
[Downloadable!]
Hendricks, Kenneth & Porter, Robert H & Wilson, Charles A, 1994.
"Auctions for Oil and Gas Leases with an Informed Bidder and a Random Reservation Price ,"
Econometrica ,
Econometric Society, vol. 62(6), pages 1415-44, November.
[Downloadable!] (restricted)
Other versions:
Hendricks, Kenneth & Porter, Robert H. & Wilson, Charles A., 1990.
"Auctions For Oil And Gas Leases With An Informed Bidder And A Random Reservation Price ,"
Working Papers
90-47, C.V. Starr Center for Applied Economics, New York University.
[Downloadable!] Hendricks, K. & Porter, R.H. & Wilson, C.A., 1990.
"Auctions for Oil and gas Leases with an Informed Bidder and a Random Reservation Price ,"
UBC Departmental Archives
91-06, UBC Department of Economics.
Alan Mehlenbacher, 2007.
"Multiagent System Simulations of Signal Averaging in English Auctions with Two-Dimensional Value Signals ,"
Department Discussion Papers
0708, Department of Economics, University of Victoria.
[Downloadable!]
Selten, Reinhard, 1998.
"Features of experimentally observed bounded rationality ,"
European Economic Review ,
Elsevier, vol. 42(3-5), pages 413-436, May.
[Downloadable!] (restricted)
Other versions: Arifovic, Jasmina & McKelvey, Richard D. & Pevnitskaya, Svetlana, 2006.
"An initial implementation of the Turing tournament to learning in repeated two-person games ,"
Games and Economic Behavior ,
Elsevier, vol. 57(1), pages 93-122, October.
[Downloadable!] (restricted)
Full
references
Access and
download statistics Did you know? Over 800 institutions contribute their bibliographic data directly to this service.
This page was last updated on 2008-9-2.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .