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CG
2004
Springer

Strategic Interactions in the TAC 2003 Supply Chain Tournament

14 years 4 months ago
Strategic Interactions in the TAC 2003 Supply Chain Tournament
The TAC 2003 supply-chaingame presented automated trading agents with a challenging strategic problem. Embedded within a complex stochastic environment was a pivotal strategic decision about initial procurement of components. Early evidence suggested that the entrant field was headed toward a self-destructive, mutually unprofitable equilibrium. Our agent, Deep Maize, introduced a preemptive strategy designed to neutralize aggressive procurement, perturbing the field to a more profitable equilibrium. It worked. Not only did preemption improve Deep Maize’s profitability, it improved profitability for the whole field. Whereas it is perhaps counterintuitive that action designed to prevent others from achieving their goals actually helps them, strategic analysis employing an empirical game-theoretic methodology verifies and provides insight about this outcome.
Joshua Estelle, Yevgeniy Vorobeychik, Michael P. W
Added 01 Jul 2010
Updated 01 Jul 2010
Type Conference
Year 2004
Where CG
Authors Joshua Estelle, Yevgeniy Vorobeychik, Michael P. Wellman, Satinder P. Singh, Christopher Kiekintveld, Vishal Soni
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