Evaluating the efficiency of self adaptive GA and deterministic dynamic adaptation GA in online auctions environment

Kim, Soon Gan and Patricia Anthony, and Teo, Jason Tze Wi and Kim, On Chin (2009) Evaluating the efficiency of self adaptive GA and deterministic dynamic adaptation GA in online auctions environment. In: 2nd International Symposium on Electronic Commerce and Security (ISECS 2009), 22-24 May 2009, Nanchang, China.

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Official URL: http://dx.doi.org/10.1109/ISECS.2009.241

Abstract

The proliferation of online auctions has caused the increasing need to monitor and track multiple bids in multiple auctions. 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) as a solution to the problem. This agent utilizes genetic algorithm to search for effective solution in view of the dynamics and the unpredictability nature of online auctions. This paper investigates the application of deterministic dynamic adaptation genetic algorithm and self adaptive genetic algorithm to replace the conventional 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 Paper (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
ID Code:2521
Deposited By:IR Admin
Deposited On:22 Mar 2011 16:19
Last Modified:30 Dec 2014 14:22

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