ML Anthology

AstonCAT-Plus: An Efficient Specialist for the TAC Market Design Tournament

Meng Chang, Minghua He, Xudong Luo
IJCAI 2011 pp. 146-151
doi:10.5591/978-1-57735-516-8/IJCAI11-036 /ijcai/2011/chang2011ijcai-astoncat/

Abstract

This paper describes the strategies used by AstonCAT-Plus, the post-tournament version of the specialist designed for the TAC Market Design Tournament 2010. It details how AstonCAT-Plus accepts shouts, clears market, sets transaction prices and charges fees. Through empirical evaluation, we show that AstonCAT-Plus not only outperforms AstonCAT (tournament version) significantly but also achieves the second best overall score against some top entrants of the competition. In particular, it achieves the highest allocative efficiency, transaction success rate and average trader profit among all the specialists in our controlled experiments.

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Cite

Text

Chang et al. "AstonCAT-Plus: An Efficient Specialist for the TAC Market Design Tournament." International Joint Conference on Artificial Intelligence, 2011. doi:10.5591/978-1-57735-516-8/IJCAI11-036

Markdown

[Chang et al. "AstonCAT-Plus: An Efficient Specialist for the TAC Market Design Tournament." International Joint Conference on Artificial Intelligence, 2011.](https://mlanthology.org/ijcai/2011/chang2011ijcai-astoncat/) doi:10.5591/978-1-57735-516-8/IJCAI11-036

BibTeX

@inproceedings{chang2011ijcai-astoncat,
  title     = {{AstonCAT-Plus: An Efficient Specialist for the TAC Market Design Tournament}},
  author    = {Chang, Meng and He, Minghua and Luo, Xudong},
  booktitle = {International Joint Conference on Artificial Intelligence},
  year      = {2011},
  pages     = {146-151},
  doi       = {10.5591/978-1-57735-516-8/IJCAI11-036},
  url       = {https://mlanthology.org/ijcai/2011/chang2011ijcai-astoncat/}
}