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Authors: Madhu Lata Goyal and Jun Ma

Affiliation: University of Technology, Australia

Keyword(s): Fuzzy Sets, Agent’s Attitudes, Bidding Strategy.

Related Ontology Subjects/Areas/Topics: Agents ; Artificial Intelligence ; Artificial Intelligence and Decision Support Systems ; Computational Intelligence ; Distributed and Mobile Software Systems ; Economic Agent Models ; Enterprise Information Systems ; Fuzzy Systems ; Knowledge Engineering and Ontology Development ; Knowledge-Based Systems ; Multi-Agent Systems ; Negotiation and Interaction Protocols ; Soft Computing ; Software Engineering ; Symbolic Systems ; Web Information Systems and Technologies ; Web Intelligence

Abstract: To be successful in multi-attribute auction, agents must be capable of adapting to continuous changing bidding price. This paper presents a novel fuzzy attitude based bidding strategy (FA-Bid), which employs dual assessment technique i.e. assessment of multiple attributes of the goods as well as assessment of agents attitude (eagerness) to procure an item in automated auction. The assessment of attributes adapts the fuzzy sets technique to handle uncertainty of the bidding process as well use heuristic rules to determine attitude of bidding agents in simulated auctions to procure goods. The overall assessment is used to determine a price range based on current bid, which finally selects the best one as the new bid.

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Paper citation in several formats:
Lata Goyal, M. and Ma, J. (2009). USING AGENTS’ ATTITUDES AND ASSESSMENTS IN AUTOMATED FUZZY BIDDING STRATEGY. In Proceedings of the International Conference on Agents and Artificial Intelligence - ICAART; ISBN 978-989-8111-66-1; ISSN 2184-433X, SciTePress, pages 385-391. DOI: 10.5220/0001656503850391

@conference{icaart09,
author={Madhu {Lata Goyal}. and Jun Ma.},
title={USING AGENTS’ ATTITUDES AND ASSESSMENTS IN AUTOMATED FUZZY BIDDING STRATEGY},
booktitle={Proceedings of the International Conference on Agents and Artificial Intelligence - ICAART},
year={2009},
pages={385-391},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0001656503850391},
isbn={978-989-8111-66-1},
issn={2184-433X},
}

TY - CONF

JO - Proceedings of the International Conference on Agents and Artificial Intelligence - ICAART
TI - USING AGENTS’ ATTITUDES AND ASSESSMENTS IN AUTOMATED FUZZY BIDDING STRATEGY
SN - 978-989-8111-66-1
IS - 2184-433X
AU - Lata Goyal, M.
AU - Ma, J.
PY - 2009
SP - 385
EP - 391
DO - 10.5220/0001656503850391
PB - SciTePress

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