Trading Agents

Michael P. Wellman is Professor of Computer Science & Engineering at the University of Michigan. He received a PhD from the Massachusetts Institute of Technology in 1988 for his work in qualitative probabilistic reasoning and decision-theoretic planning. From 1988 to 1992, Wellman conducted research in these areas at the USAF's Wright Laboratory. For the past 20 years, his research has focused on computational market mechanisms for distributed decision making and electronic commerce. As Chief Market Technologist for TradingDynamics, Inc. (now part of Ariba), he designed configurable auction technology for dynamic business-to-business commerce. Wellman previously served as Chair of the ACM Special Interest Group on Electronic Commerce (SIGecom), and as Executive Editor of the Journal of Artificial Intelligence Research. He is a Fellow of the Association for the Advancement of Artificial Intelligence and the Association for Computing Machinery.

• Introduction.- Example: Bidding on eBay.- Auction Fundamentals.- Continuous Double Auctions.- Interdependent Markets.- Conclusion.