TY - JOUR
T1 - Flexible decision control in an autonomous trading agent
AU - Collins, John
AU - Ketter, Wolfgang
AU - Gini, Maria L
PY - 2009
Y1 - 2009
N2 - Modern electronic commerce creates significant challenges for decision-makers. The trading agent competition for supply-chain management (TAC SCM) is an annual competition among fully-autonomous trading agents designed by teams around the world. Agents attempt to maximize profits in a supply-chain scenario that requires them to coordinate Procurement, Production, and Sales activities in competitive markets. An agent for TAC SCM is a complex piece of software that must operate in a competitive economic environment. We report on results of an informal survey of agent design approaches among the competitors in TAC SCM, and then we describe and evaluate the design of our MinneTAC trading agent. We focus on the use of evaluators - configurable, composable modules for data analysis, modeling, and prediction that are chained together at runtime to support agent decision-making. Through a set of examples, we show how this structure supports Sales and Procurement decisions, and how those decision process can be modified in useful ways by changing evaluator configurations.
AB - Modern electronic commerce creates significant challenges for decision-makers. The trading agent competition for supply-chain management (TAC SCM) is an annual competition among fully-autonomous trading agents designed by teams around the world. Agents attempt to maximize profits in a supply-chain scenario that requires them to coordinate Procurement, Production, and Sales activities in competitive markets. An agent for TAC SCM is a complex piece of software that must operate in a competitive economic environment. We report on results of an informal survey of agent design approaches among the competitors in TAC SCM, and then we describe and evaluate the design of our MinneTAC trading agent. We focus on the use of evaluators - configurable, composable modules for data analysis, modeling, and prediction that are chained together at runtime to support agent decision-making. Through a set of examples, we show how this structure supports Sales and Procurement decisions, and how those decision process can be modified in useful ways by changing evaluator configurations.
KW - Multi-agent systems
KW - Software architecture
KW - Supply-chain management
KW - Trading agent competition
UR - http://www.scopus.com/inward/record.url?scp=63349084272&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=63349084272&partnerID=8YFLogxK
U2 - 10.1016/j.elerap.2008.09.004
DO - 10.1016/j.elerap.2008.09.004
M3 - Article
AN - SCOPUS:63349084272
SN - 1567-4223
VL - 8
SP - 91
EP - 105
JO - Electronic Commerce Research and Applications
JF - Electronic Commerce Research and Applications
IS - 2
ER -