Agent-Mediated Electronic Commerce. Designing Trading Strategies and Mechanisms for Electronic Markets

This volume contains 11 thoroughly refereed and revised papers detailing recent advances in research on designing trading agents and mechanisms for agent-mediated e-commerce. They were originally presented at the Joint Workshop on Trading Agent Design and

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Esther David Christopher Kiekintveld Valentin Robu Onn Shehory Sebastian Stein (Eds.)

Agent-Mediated Electronic Commerce Designing Trading Strategies and Mechanisms for Electronic Markets AMEC and TADA 2012 Valencia, Spain, June 2012 Revised Selected Papers

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Lecture Notes in Business Information Processing Series Editors Wil van der Aalst Eindhoven Technical University, The Netherlands John Mylopoulos University of Trento, Italy Michael Rosemann Queensland University of Technology, Brisbane, Qld, Australia Michael J. Shaw University of Illinois, Urbana-Champaign, IL, USA Clemens Szyperski Microsoft Research, Redmond, WA, USA

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Esther David Christopher Kiekintveld Valentin Robu Onn Shehory Sebastian Stein (Eds.)

Agent-Mediated Electronic Commerce Designing Trading Strategies and Mechanisms for Electronic Markets AMEC and TADA 2012 Valencia, Spain, June 4th, 2012 Revised Selected Papers

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Volume Editors

Esther David Ashkelon Academic College Department of Computer Science Ashkelon, Israel E-mail: [email protected]

Christopher Kiekintveld University of Texas at El Paso Department of Computer Science El Paso, TX, USA E-mail: [email protected]

Valentin Robu University of Southampton School of Electronics and Computer Science Southampton, UK E-mail: [email protected]

Onn Shehory IBM Haifa Research Lab Haifa, Israel E-mail: [email protected]

Sebastian Stein University of Southampton School of Electronics and Computer Science Southampton, UK E-mail: [email protected]

ISSN 1865-1348 e-ISSN 1865-1356 ISBN 978-3-642-40863-2 e-ISBN 978-3-642-40864-9 DOI 10.1007/978-3-642-40864-9 Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2013947195 © Springer-Verlag Berlin Heidelberg 2013 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in ist current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt fro