Multi-attribuge exchange market: Theory and experiments
Eugene Fink, Josh Johnson, and John Hershberger
In Proceedings of the Sixteenth Canadian Conference on Artificial Intelligence,
pages 603–610, 2003.
The Internet has opened opportunities for efficient on-line trading, and
researchers have developed algorithms for various auctions, as well as
exchanges for standardized commodities; however, they have done little
work on exchanges for complex nonstandard goods. We propose a formal
model for trading complex goods, present an exchange system that allows
traders to describe purchases and sales by multiple attributes, and give
the results of applying it to a used-car market and corporate-bond market.