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FAucS: An FCC Spectrum Auction Simulator for Autonomous Bidding Agents.
János
A. Csirik, Michael L. Littman, Satinder
Singh, and Peter Stone.
In Electronic Commerce: Proceedings of the
Second International Workshop, pp. 139–151, Springer Verlag, Heidelberg, Germany, 2001.
WELCOM-01
[PDF]202.3kB [postscript]170.8kB
We introduce FAucS, a software testbed for studying automated agent bidding strategies in simulated auctions, specifically the United States FCC wireless frequency spectrum auctions. In addition to the complexity of these auctions, which provides ample opportunities for intelligent approaches to bidding, this type of auction has huge commercial importance, each bringing in billions of dollars to governments around the world. We implement straightforward sample agents in FAucS and use them to replicate known beneficial bidding strategies in this type of auction. We then discuss potential in-depth studies of autonomous bidding agent behaviors using FAucS. The main contribution of this work is the implementation, description, and empirical validation of the FAucS testbed. We present it as a challenging and promising AI research domain.
@Inproceedings(FCC01,
title="{FAucS}: An {FCC} Spectrum Auction Simulator for Autonomous Bidding Agents",
author="J\'{a}nos A. Csirik and Michael L. Littman and Satinder Singh and Peter Stone",
booktitle="Electronic Commerce: Proceedings of the Second International Workshop",year="2001",
editor={Ludger Fiege and Gero M\"{u}hl and Uwe Wilhelm},
publisher="Springer Verlag",address="Heidelberg, Germany",
pages="139--151",
abstract={
We introduce FAucS, a software testbed for studying
automated agent bidding strategies in simulated
auctions, specifically the United States FCC
wireless frequency spectrum auctions. In addition
to the complexity of these auctions, which provides
ample opportunities for intelligent approaches to
bidding, this type of auction has huge commercial
importance, each bringing in billions of dollars to
governments around the world. We implement
straightforward sample agents in FAucS and use them
to replicate known beneficial bidding strategies in
this type of auction. We then discuss potential
in-depth studies of autonomous bidding agent
behaviors using FAucS. The main contribution of
this work is the implementation, description, and
empirical validation of the FAucS testbed. We
present it as a challenging and promising AI
research domain.
},
wwwnote={<a href="http://www.informatik.tu-darmstadt.de/GK/welcom/">WELCOM-01</a>},
)
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