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Money agents use a simple auction mechanism.

An auction works like this

currently n will bid currentPrice+1 if :


Clearly there could be a lot of alternative algorithms for auctions and deciding when to bid. For example, this biding algorithm will, if necessary, blow it's entire budget on one needed resource, regardless of other needs or other potential sellers.

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Last edited July 15, 2003 3:32 pm by PhilJones (diff)