Comparing the performance of deterministic dynamic adaptation GA and self adaptive GA in online auctions environment

Kim, Soon Gan and Patricia Anthony, and Teo, Jason Tze Wi and Kim, On Chin (2009) Comparing the performance of deterministic dynamic adaptation GA and self adaptive GA in online auctions environment. In: 2009 IEEE International Conference on Systems, Man and Cybernetics (SMC 2009), 11-14 October 2009, San Antonio, Texas, USA.

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Abstract

The proliferation of online auctions has caused the increasing need to monitor and track multiple bids in multiple auctions. As a solution to the problem, an autonomous agent was developed to work in a flexible and configurable heuristic decision making framework that can tackle the problem of bidding across multiple auctions that apply different protocols (English, Vickrey and Dutch). Due to the dynamic and unpredictable nature of online auctions, the agent utilizes genetic algorithm to search for effective solution. Instead of using the conventional genetic algorithm, this paper investigates the application of deterministic dynamic adaptation genetic algorithm and self adaptive genetic algorithm to search for the most effective strategies (offline). An empirical evaluation on the comparison between the effectiveness of self-adaptive genetic algorithm and deterministic dynamic adaptation genetic algorithm for searching the most effective strategies in the online auction environment are discussed in this paper. ©2009 IEEE.

Item Type: Conference or Workshop Item (UNSPECIFIED)
Uncontrolled Keywords: Bidding strategies, Component, Deterministic dynamic adaptation, Genetic algorithm, Online auction, Self-adaptation
Subjects: H Social Sciences > HF Commerce
Q Science > QA Mathematics > QA76 Computer software
Divisions: SCHOOL > School of Engineering and Information Technology
Depositing User: Unnamed user with email storage.bpmlib@ums.edu.my
Date Deposited: 22 Mar 2011 09:12
Last Modified: 30 Dec 2014 06:19
URI: http://eprints.ums.edu.my/id/eprint/1528

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