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Automated trading in electronic markets is one of the most common and consequential applications of autonomous software agents. Design of effective trading strategies requires thorough understanding of how market mechanisms operate, and appreciation of strategic issues that commonly manifest in trading scenarios. Drawing on research in auction theory and artificial intelligence, this book presents core principles of strategic reasoning that apply to market situations. The author illustrates trading strategy choices through examples of concrete market environments, such as eBay, as well as abstract market models defined by configurations of auctions and traders. Techniques for addressing these choices constitute essential building blocks for the design of trading strategies for rich market applications. The lecture assumes no prior background in game theory or auction theory, or artificial intelligence. Table of Contents: Introduction / Example: Bidding on eBay / Auction Fundamentals / Continuous Double Auctions / Interdependent Markets / Conclusion
Their childhoods were so laden with Americana that Norman Rockwell could have painted them. Their heritage was so auspicious and the future so promising that its startling now to realize all that befell the kids from four families whose backyards and fortunes came together at a crossroads of their countrys history. Here is a remarkably personal account of coming of age during the cultural earthquake that toppled Americas leaders and opened deep cracks nationwide, even on Kingman Boulevard. This ode to lifes first friendships springs from the ranks of the biggest generation in history and glimpses Americas greatest public health crisis from the perspective of one alternately blessed and cursed neighborhood in the heart of the country.
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