Discovering the game in auctions
Proc. of 20th Belgian-Netherlands Conference on Artificial Intelligence (BNAIC 2008), page 113--120. University of Twente, (2008)Abstract
Auctions are pervasive in today's society. They provide a variety of markets, ranging from consumer-toconsumer online auctions to government-to-business auctions for telecommunications spectrum licenses. Starting from a set of trading strategies, this article enables a strategic choice by introducing the use of linear programming as a methodology to approximate heuristic payoff tables by normal form games. This method is evaluated on data from auction simulation by applying an evolutionary game theory analysis. The ...