Flexible Decision Control in an Autonomous Trading Agent
39 Pages Posted: 10 Dec 2007
Date Written: 19 2007, 11
Abstract
An autonomous trading agent is a complex piece of software that must operate in a competitive economic environment and support a research agenda. We describe the structure of decision processes in the MinneTAC trading agent, focusing on the use of evaluators – configurable, composable modules for data analysis and prediction that are chained together at runtime to support agent decision-making. Through a set of examples, we show how this structure supports sales and procurement decisions, and how those decision processes can be modified in useful ways by changing evaluator configurations. To put this work in context, we also report on results of an informal survey of agent design approaches among the competitors in the Trading Agent Competition for Supply Chain Management (TAC SCM).
Keywords: autonomous trading agent, decision processes
JEL Classification: L15, O32, M, c61, c78
Suggested Citation: Suggested Citation
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