Matches in SemOpenAlex for { <https://semopenalex.org/work/W1555110263> ?p ?o ?g. }
Showing items 1 to 52 of
52
with 100 items per page.
- W1555110263 abstract "In 2001, a team of researchers at IBM published a paper in IJCAI which reported on the first experiments that systematically studied the interactions of human traders and software-agent traders in electronic marketplaces running the continuous double auction (CDA) mechanism. IBM found that two software-agent strategies, known as GD and ZIP, consistently outperformed human traders. IBM's results received international press coverage, probably because the CDA is the mechanism that is used in the main electronic trading systems that make up the global financial markets. In 2002, Tesauro & Bredin published details of an extension to GD, which they named GDX, for which they wrote: We suggest that this algorithm may offer the best performance of any published CDA bidding strategy. To the best of our knowledge, GDX has never been tested against human traders under experimental conditions. In this paper, we report on the first such test: we present detailed analysis of the results from our own replications of IBM's human vs. ZIP experiments and from our world-first experiments that test humans vs. GDX. Our overall findings are that, both when competing against ZIP in pure agent vs. agent experiments and when competing against human traders, GDX's performance is significantly better than the performance of ZIP." @default.
- W1555110263 created "2016-06-24" @default.
- W1555110263 creator A5027817163 @default.
- W1555110263 creator A5052228969 @default.
- W1555110263 date "2011-01-01" @default.
- W1555110263 modified "2023-09-23" @default.
- W1555110263 title "AGENT-HUMAN INTERACTIONS IN THE CONTINUOUS DOUBLE AUCTION, REDUX - Using the OpEx Lab-in-a-Box to explore ZIP and GDX" @default.
- W1555110263 cites W1626837244 @default.
- W1555110263 cites W174364595 @default.
- W1555110263 cites W2014748701 @default.
- W1555110263 cites W2021036486 @default.
- W1555110263 cites W2062599654 @default.
- W1555110263 cites W5086244 @default.
- W1555110263 doi "https://doi.org/10.5220/0003293903510358" @default.
- W1555110263 hasPublicationYear "2011" @default.
- W1555110263 type Work @default.
- W1555110263 sameAs 1555110263 @default.
- W1555110263 citedByCount "7" @default.
- W1555110263 countsByYear W15551102632012 @default.
- W1555110263 countsByYear W15551102632013 @default.
- W1555110263 countsByYear W15551102632021 @default.
- W1555110263 crossrefType "proceedings-article" @default.
- W1555110263 hasAuthorship W1555110263A5027817163 @default.
- W1555110263 hasAuthorship W1555110263A5052228969 @default.
- W1555110263 hasBestOaLocation W15551102631 @default.
- W1555110263 hasConcept C121684516 @default.
- W1555110263 hasConcept C159985019 @default.
- W1555110263 hasConcept C192562407 @default.
- W1555110263 hasConcept C2777087702 @default.
- W1555110263 hasConcept C41008148 @default.
- W1555110263 hasConceptScore W1555110263C121684516 @default.
- W1555110263 hasConceptScore W1555110263C159985019 @default.
- W1555110263 hasConceptScore W1555110263C192562407 @default.
- W1555110263 hasConceptScore W1555110263C2777087702 @default.
- W1555110263 hasConceptScore W1555110263C41008148 @default.
- W1555110263 hasLocation W15551102631 @default.
- W1555110263 hasOpenAccess W1555110263 @default.
- W1555110263 hasPrimaryLocation W15551102631 @default.
- W1555110263 hasRelatedWork W2135024282 @default.
- W1555110263 hasRelatedWork W2361017481 @default.
- W1555110263 hasRelatedWork W2385729804 @default.
- W1555110263 hasRelatedWork W2386067591 @default.
- W1555110263 hasRelatedWork W2387604983 @default.
- W1555110263 hasRelatedWork W2643419842 @default.
- W1555110263 hasRelatedWork W3173443136 @default.
- W1555110263 hasRelatedWork W4214924096 @default.
- W1555110263 hasRelatedWork W4246418678 @default.
- W1555110263 hasRelatedWork W4252386424 @default.
- W1555110263 isParatext "false" @default.
- W1555110263 isRetracted "false" @default.
- W1555110263 magId "1555110263" @default.
- W1555110263 workType "article" @default.