Class: KaplanSniperAgent

KaplanSniperAgent(optionsopt)

a reimplementation of a Kaplan Sniper Agent (JavaScript implementation by Paul Brewer) see e.g. "High Performance Bidding Agents for the Continuous Double Auction" Gerald Tesauro and Rajarshi Das, Institute for Advanced Commerce, IBM http://researcher.watson.ibm.com/researcher/files/us-kephart/dblauc.pdf for discussion of Kaplan's Sniper traders on pp. 4-5

Constructor

new KaplanSniperAgent(optionsopt)

Create KaplanSniperAgent
Parameters:
Name Type Attributes Description
options Object <optional>
 options passed to Trader and Agent constructors
Properties
Name Type Attributes Default Description
desiredSpread number <optional>
 10 desiredSpread for sniping; agent will accept trade if ||market.currentAskPrice()-market.currentBidPrice()||<=desiredSpread
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Classes

KaplanSniperAgent

Methods

isLowSpread()

Calculates price this agent is willing to pay. The returned price always equals either undefined or the price of market.currentAsk(), triggering an immediate trade. The KaplanSniperAgent will buy, if market.currentAskPrice<=marginalValue, during one of three conditions: (A) market ask price is less than or equal to .getJuicyAskPrice(), which needs to be set at the simulation level to the previous period low trade price (B) when spread = (market ask price - market bid price) is less than or equal to agent's desiredSpread (default: 10) (C) when period is ending
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