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This is the specification for the Power Trading Agent Competition for 2011 (Power TAC 2011). Agents are simulations of electrical power brokers, who must compete with each other for both power production and consumption, and manage their portfolios
Persistent link: https://www.econbiz.de/10013125266
Persistent link: https://www.econbiz.de/10012963133
This article analyzes the relationship between the usage of Internet-based technologies, different types of innovation … enterprises. The empirical results show that Internet-based technologies were an important enabler of innovation in the year 2003 …. It was found that all studied types of innovation, including Internet-enabled and non-Internet-enabled product or process …
Persistent link: https://www.econbiz.de/10012753584
We show how an autonomous agent can use observable market conditions to characterize the microeconomic situation of the market and predict future market trends. The agent can use this information to make both tactical decisions, such as pricing, and strategic decisions, such as product mix and...
Persistent link: https://www.econbiz.de/10012753749
This is the specification for the Power Trading Agent Competition for 2014 (Power TAC 2014). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff...
Persistent link: https://www.econbiz.de/10014147428
In this article, contrary to popular belief, it is argued on the basis of Transaction CostEconomics that consumers will become dependent subcontractors on electronic markets.Consumers invest time and effort building up a relation with a producer or e-tailer; aninvestment that is idiosyncratic....
Persistent link: https://www.econbiz.de/10014062524
An increasing number of commercial companies are using online reverse auctions for their sourcing activities. In reverse auctions, multiple suppliers bid for a contract from a buyer for selling goods and/or services. Usually, the buyer has to procure multiple items, which are typically divided...
Persistent link: https://www.econbiz.de/10014029922
This is the specification for the Power Trading Agent Competition for 2020 (Power TAC 2020). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff...
Persistent link: https://www.econbiz.de/10014032269
This is the specification for the Power Trading Agent Competition for 2013 (Power TAC 2013). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff...
Persistent link: https://www.econbiz.de/10014039009
This is the specification for the Power Trading Agent Competition for 2012 (Power TAC 2012). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff...
Persistent link: https://www.econbiz.de/10014040164