Interaction of Human and Artificial Agents on Double Auction Markets - Simulations and Laboratory Experiments
This paper provides an overview on the simulations and experiments we have done in order to better understand human-agent interaction in a market environment. We find that the introduction of software agents does not necessarily induce a more efficient market. More surprisingly, information on the existence of software agents in the market environment results in more efficient behavior of human traders.
|Date of creation:||Feb 2004|
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