1. Evaluation of Market Design Agents: The Mertacor Perspective.
- Author
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Stavrogiannis, Lampros C. and Mitkas, Pericles A.
- Abstract
The annual Trading Agent Competition for Market Design, cat, provides a testbed to study the mechanisms that modern stock exchanges use in their effort to attract potential traders while maximizing their profit. This paper presents an evaluation of the agents that participated in the 2008 competition. The evaluation is based on the analysis of the cat finals as well as on the results obtained from post-tournament experiments. We present Mertacor, our entrant for 2008, and compare it with the other available agents. In addition, we introduce a simple yet effective way of computing the global competitive equilibrium that Mertacor utilizes and discuss its importance for the game. [ABSTRACT FROM AUTHOR]
- Published
- 2010
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