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GT Pricebots

Simulations verify that, if agents are GT strategists, the cumulative distribution of prices closely resembles the derived F(p) (to within statistical error), and moreover, the time-averaged profit for each seller is tex2html_wrap_inline1551 , which is nearly the theoretical value of 0.0250. (Not shown.)



kephart
Thu Nov 18 11:55:53 EST 1999