Article

Competitive market-based allocation of consumer attention space

Authors:

Sander M. Bohte,

Enrico Gerding,

Han La PoutréAuthors Info & Claims

EC '01: Proceedings of the 3rd ACM conference on Electronic Commerce

Pages 202 - 205

https://doi.org/10.1145/501158.501182

Published: 14 October 2001 Publication History

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Abstract

The amount of attention space available for recommending suppliers to consumers on e-commerce sites is typically limited. We present a competitive distributed recommendation mechanism based on adaptive software agents for efficiently allocating the "consumer attention space", or banners. In our approach, each agent bids in an auction for the momentary attention of each consumer. Successive auctions allow agents to rapidly adapt their bidding strategy to focus on consumers interested in their offerings. We demonstrate the feasibility of our system by an evolutionary simulation, and reflect on the advantages of this distributed market-based approach.

References

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S.M.Bohte,E.H.Gerding,and H.La Poutre. Competitive market-based allocation of consumer attention space.Technical Report forthcoming,CWI, Amsterdam,2001.

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Cited By

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Bohte SGerding EPoutré H(2004)Market-based recommendationACM Transactions on Internet Technology10.1145/1031114.10311184:4(420-448)Online publication date: 1-Nov-2004
https://dl.acm.org/doi/10.1145/1031114.1031118
Haddawy PDhananaiyapergse KKaewpitakkun YThai Bui (2004)Data-driven agent-based simulation of commercial barter tradeProceedings. IEEE/WIC/ACM International Conference on Intelligent Agent Technology, 2004. (IAT 2004).10.1109/IAT.2004.1342947(218-224)Online publication date: 2004
https://doi.org/10.1109/IAT.2004.1342947
Wei YMoreau LJennings N(2004)Market-Based Recommendations: Design, Simulation and EvaluationAgent-Oriented Information Systems10.1007/978-3-540-25943-5_5(61-77)Online publication date: 2004
https://doi.org/10.1007/978-3-540-25943-5_5
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Index Terms

Competitive market-based allocation of consumer attention space
1. Applied computing
  1. Electronic commerce
  2. Operations research
    1. Consumer products
2. Computing methodologies
  1. Artificial intelligence
    1. Distributed artificial intelligence
      1. Multi-agent systems

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Information & Contributors

Information

Published In

EC '01: Proceedings of the 3rd ACM conference on Electronic Commerce

October 2001

277 pages

ISBN:1581133871

DOI:10.1145/501158

Conference Chairs:
Michael P. Wellman
University of Michigan
,
Yoav Shoham
Stanford University

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 14 October 2001

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EC01

Sponsor:

SIGecom

EC01: Third ACM Conference on Electronic Commerce

October 14 - 17, 2001

Florida, Tampa, USA

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EC '01 Paper Acceptance Rate 35 of 100 submissions, 35%;

Overall Acceptance Rate 664 of 2,389 submissions, 28%

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Cited By

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Bohte SGerding EPoutré H(2004)Market-based recommendationACM Transactions on Internet Technology10.1145/1031114.10311184:4(420-448)Online publication date: 1-Nov-2004
https://dl.acm.org/doi/10.1145/1031114.1031118
Haddawy PDhananaiyapergse KKaewpitakkun YThai Bui (2004)Data-driven agent-based simulation of commercial barter tradeProceedings. IEEE/WIC/ACM International Conference on Intelligent Agent Technology, 2004. (IAT 2004).10.1109/IAT.2004.1342947(218-224)Online publication date: 2004
https://doi.org/10.1109/IAT.2004.1342947
Wei YMoreau LJennings N(2004)Market-Based Recommendations: Design, Simulation and EvaluationAgent-Oriented Information Systems10.1007/978-3-540-25943-5_5(61-77)Online publication date: 2004
https://doi.org/10.1007/978-3-540-25943-5_5
Wei YMoreau LJennings NRosenschein JWooldridge MSandholm TYokoo M(2003)Recommender systemsProceedings of the second international joint conference on Autonomous agents and multiagent systems10.1145/860575.860671(600-607)Online publication date: 14-Jul-2003
https://dl.acm.org/doi/10.1145/860575.860671
Gerding EVan Bragt DLa Poutré H(2003)Multi-Issue Negotiation Processes by Evolutionary Simulation, Validationand Social ExtensionsComputational Economics10.1023/A:102459260748722:1(39-63)Online publication date: 1-Aug-2003
https://dl.acm.org/doi/10.1023/A%3A1024592607487
Jan’ t Hoen PBohte SGerding ELa Poutré H(2002)An Extensible Agent Architecture for a Competitive Market-Based Allocation of Consumer Attention SpaceAgent-Mediated Electronic Commerce IV. Designing Mechanisms and Systems10.1007/3-540-36378-5_17(273-288)Online publication date: 16-Dec-2002
https://doi.org/10.1007/3-540-36378-5_17

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