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Designing and Evaluating an Adaptive Trading Agent for Supply Chain Management

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Agent-Mediated Electronic Commerce. Designing Trading Agents and Mechanisms (AMEC 2005, TADA 2005)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 3937))

Abstract

This paper describes the design and evaluation of SouthamptonSCM, a finalist in the 2004 International Trading Agent Supply Chain Management Competition (TAC SCM). In particular, we focus on the way in which our agent sets its prices according to the prevailing market situation and its own inventory level (because this adaptivity and flexibility are the key components of its success). Specifically, we analyse our pricing model’s performance both in the actual competition and in controlled experiments. Through this evaluation, we show that SouthamptonSCM performs well across a broad range of environments.

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Author information

Authors and Affiliations

  1. School of Electronics and Computer Science, University of Southampton, Southampton, SO17 1BJ, UK

    Minghua He, Alex Rogers, Esther David & Nicholas R. Jennings

Authors
  1. Minghua He
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  2. Alex Rogers
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  3. Esther David
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  4. Nicholas R. Jennings
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Editor information

Editors and Affiliations

  1. CWI, Centre for Mathematics and Computer Science, Kruislaan 413, 1098 SJ, Amsterdam, Netherlands

    Han La Poutré

  2. School of Computer Science, Carnegie Mellon University, USA

    Norman M. Sadeh

  3. Swedish Institute of Computer Science, Box 1263, 164 29, Kista, Sweden

    Sverker Janson

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© 2006 Springer-Verlag Berlin Heidelberg

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He, M., Rogers, A., David, E., Jennings, N.R. (2006). Designing and Evaluating an Adaptive Trading Agent for Supply Chain Management. In: La Poutré, H., Sadeh, N.M., Janson, S. (eds) Agent-Mediated Electronic Commerce. Designing Trading Agents and Mechanisms. AMEC TADA 2005 2005. Lecture Notes in Computer Science(), vol 3937. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11888727_11

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  • DOI: https://doi.org/10.1007/11888727_11

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-46242-2

  • Online ISBN: 978-3-540-46243-9

  • eBook Packages: Computer ScienceComputer Science (R0)

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