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An Agent-Based Approach to the Dynamic Price Problem

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Book cover Agent and Multi-Agent Systems: Technologies and Applications (KES-AMSTA 2011)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 6682))

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Abstract

This paper focuses on the agent realisation of the Markov Decision Process in the dynamic price problem. The use of MDP is caused by the properties of the trade system under consideration. Due to exploiting data mining tools, time series processing, clustering and other operations, the obtained interaction architecture has turned to be overloaded. Taking into account particular properties of the considered trade system as well as its model, which is MDP-based, this paper suggests a novel specific multiagent technique for MDP system realisation.

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Chizhov, Y. (2011). An Agent-Based Approach to the Dynamic Price Problem. In: O’Shea, J., Nguyen, N.T., Crockett, K., Howlett, R.J., Jain, L.C. (eds) Agent and Multi-Agent Systems: Technologies and Applications. KES-AMSTA 2011. Lecture Notes in Computer Science(), vol 6682. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-22000-5_46

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  • DOI: https://doi.org/10.1007/978-3-642-22000-5_46

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-21999-3

  • Online ISBN: 978-3-642-22000-5

  • eBook Packages: Computer ScienceComputer Science (R0)

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