92 AI MAGAZINE ■ The Trading Agent Competition (TAC) has now become an annual fixture since its inception in 2000. The competition was conceived with the objective of studying automated trading strategies by focusing the research community on the development of competing solutions to a common trading scenario. The success of past TAC events has motivated broadening the scope of the competition ...

Supply chains are the basis of the world economy. With a computer simulation of a supply chain management scenario, the Trading Agents Competition in Supply Chain Management (TAC SCM) promotes research in this field to try and automate the process. By letting computer agents optimize the manufacturing process, consumer goods become cheaper. Presented is an analysis of the 2005 Finals of the Tra...

Constrained transmission lines are known to be able to economically isolate submarkets from the competition of players located elsewhere on the network. This paper examines the type of oligopolistic competition that is likely to take place in these submarkets. It shows, using simple models, how static or intertemporal Nash equilibria can rise in a framework of price or supply function competiti...

a housing supply function for private sector has been estimated for the period of 1985-1999. the model was specified, using lucas supply theory and by including internal adjustment costs in producer's decision f or production or inv estment. the distin ctive feature of this model is the utilization. of investment role in housing sector similar to other factors in production function. the r...

This paper is based on the analysis of the supply and demand of coal and the time lag between supply and demand, the economics cobweb model is applied to coal of supply and demand,establish a coal supply and demand disequilibrium cobweb model under the national macro-control to study the stability of price volatility.The second part is in the coal market of free competition, the use of non-equi...

Cluster supply chain is a supply chain network system based on the industry clusters, which had developed rapidly in theoretical and practical in China recently. Characteristics of the cluster, such as, geographical proximity and the existence of social network, enable the participants of it to communicate quickly and obtain large amount of information. However, the fierce competition between t...

because of heavy competition between auto manufacturer and the threats of foreign companies, they try to reduce the internal competition and costs by cooperation and merge. estimation about the auto market is affected by supply and demand. the demand depends on two factors: need for new cars and old cars exit. and the supply depends on production capacity and export. key factors that affected o...