Abstract:
An electronic market has been constructed in an on-going
collaborative research project between a university and a software house.
The way in which actors (buyers, sellers and others) use the market will
be intluenced by the information available to them, including
information drawn from outside the immediate market environment. In
this experiment, data mining and filtering techniques are used to distil
both individual signals drawn from the markets and signals from the
Internet into meaningful advice for the actors. The goal of this
experiment is first to learn how actors will use the advice available to
them, and second how the market will evolve through entrepreneurial
intervention. In this electronic market a multi agent process
management system is used to manage all market transactions including
those that drive the market evolutionary process.
