From general game descriptions to a market specification language for general trading agents

Michael Thielscher, Dongmo Zhang

    Research output: Chapter in Book / Conference PaperChapter

    Abstract

    ![CDATA[The idea behind General Game Playing is to build systems that, instead of being programmed for one specific task, are intelligent and flexible enough to negotiate an unknown environment solely on the basis of the rules which govern it. In this paper, we argue that this principle has the great potential to bring to a new level artificially intelligent systems in other application areas as well. Our specific interest lies in General Trading Agents, which are able to understand the rules of unknown markets and then to actively participate in them without human intervention. To this end, we extend the general Game Description Language into a language that allows to formally describe arbitrary markets in such a way that these specifications can be automatically processed by a computer. We present both syntax and a transition-based semantics for this Market Specification Language and illustrate its expressive power by presenting axiomatizations of several well-known auction types.]]
    Original languageEnglish
    Title of host publicationAgent-mediated electronic commerce : designing trading strategies and mechanisms for electronic markets
    EditorsEsther David, Onn Shehory, Enrico Gerding, David Sarne
    Place of PublicationGermany
    PublisherSpringer
    Pages259-274
    Number of pages16
    ISBN (Print)9783642151163
    Publication statusPublished - 2010

    Keywords

    • artificial intelligence
    • electronic commerce

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