UIA Decides which Auction

• Every n transactions, the UIAs determine whether they are happy with the current auction or if they would prefer another auction.

  • This is done by learning which auctions give them the highest expected value.

<TPA,*,*,*,*>auction

UIA

Torres

Tubok

Parris

Janeway

I get lower price at TPA-auction

but higher quality at the other one.

<TPA,High-School,Science,Fast,*>-auction

TPAs

Previous slide

Next slide

Back to first slide

View graphic version