Publication Type
Conference Proceeding Article
Version
acceptedVersion
Publication Date
7-2009
Abstract
In this paper, an event-centric commodity trading simulation powered by the multiagent framework is presented. The purpose of this simulation platform is for training novice traders. The simulation is progressed by announcing news events that affect various aspects of the commodity supply chain. Upon receiving these events, market agents that play the roles of producers, consumers, and speculators would adjust their views on the market and act accordingly. Their actions would be based on their roles and also their private information, and collectively they shape the market dynamics. This simulation has been effectively deployed for several training sessions. We will present the underlying technologies that are employed and discuss the practical significance of such platform.
Keywords
Computational Economy, Electronic Market, Commodity Trading
Discipline
Artificial Intelligence and Robotics | Finance and Financial Management | Operations Research, Systems Engineering and Industrial Engineering
Publication
Proceedings of the Twenty-First Innovative Applications of Artificial Intelligence Conference (2009): Pasadena, California, July 14–16, 2009
First Page
72
Last Page
78
ISBN
9781577354239
Publisher
AAAI Press
City or Country
Menlo Park, CA
Citation
CHENG, Shih-Fen and LIM, Yee Pin.
An Agent-based Commodity Trading Simulation. (2009). Proceedings of the Twenty-First Innovative Applications of Artificial Intelligence Conference (2009): Pasadena, California, July 14–16, 2009. 72-78.
Available at: https://ink.library.smu.edu.sg/sis_research/838
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
http://aaai.org/ocs/index.php/IAAI/IAAI09/paper/view/263
Included in
Artificial Intelligence and Robotics Commons, Finance and Financial Management Commons, Operations Research, Systems Engineering and Industrial Engineering Commons