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Multiagent System Platform for Auction Simulations

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    Abstract

    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.

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    File URL: http://www.uvic.ca/socialsciences/economics/assets/docs/discussion/ddp0706.pdf
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    Bibliographic Info

    Paper provided by Department of Economics, University of Victoria in its series Department Discussion Papers with number 0706.

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    Length: 28 pages
    Date of creation: 19 Nov 2007
    Date of revision:
    Handle: RePEc:vic:vicddp:0706

    Note: ISSN 1914-2838
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    Postal: PO Box 1700, STN CSC, Victoria, BC, Canada, V8W 2Y2
    Phone: (250)721-6197
    Fax: (250)721-6214
    Web page: http://web.uvic.ca/econ
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    Related research

    Keywords: Axiomatic bargaining; resource monotonicity; transferable utility; risk aversion;

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