Behavior of Multi-Agent Protocols Using Quantum Entanglement (2008)
Kay-yut Chen, Tad Hogg, Bernardo A. Huberman
We describe how entangled quantum states can aid in coordination, cooperation and resource allocation in multi-agent systems. These protocols provide alternatives to conventional methods, with...
Experimental Evaluation of an eBay-Style Self-Reporting Reputation Mechanism (2008)
Abstract. We experimentally studied the effects of a eBay-style selfreporting reputation mechanism in an double-sided exchange economy in which participants have the option of not fulfilling their...
Hewlett-Packard Laboratories (2007)
Kay-yut Chen, Tad Hogg, Nathan Wozny
We experimentally evaluate reputation mechanisms in an exchange market in which participants have the option of not fulfilling their contracts. These mechanisms vary in the information they provide...
Durable Goods Lease Contracts and Used-Goods Market Behavior: An Experimental Study (2007)
Leasing has become an increasingly prominent way for consumers to acquire durable goods such as automobiles. How markets respond to changes in lease contracts has enormous implications to producers...
Chess playing programs running on small computers, such as PocketPCs, can beat most human players. This paper reports a feasibility study to determine if the techniques programs use to play chess can...
We experimentally compare low-information, high-information and self-reporting reputation mechanisms. The results indicate players strategically reacted to the reputation mechanisms, with higher...
Experiments with Probabilistic Quantum Auctions (2007)
We describe human-subject laboratory experiments on probabilistic auctions based on previously proposed auction protocols involving the simulated manipulation and communication of quantum states....
Hogg, Tad, Harsha, Pavithra, Chen, Kay-Yut
We present a quantum auction protocol using superpositions to represent bids and distributed search to identify the winner(s). Measuring the final quantum state gives the auction outcome while...
Tad Hogg, Pavithra Harsha, Kay-yut Chen
We present a quantum auction protocol using superpositions to represent bids and distributed search to identify the winner(s). Measuring the final quantum state gives the auction outcome while...
How Well Do People Play a Quantum Prisoner’s Dilemma (2006)
Game theory suggests quantum information processing technologies could provide useful new economic mechanisms. For example, using shared entangled quantum states can alter incentives so as to reduce...
The Ultimatum Conundrum (2004)
Alan Karp, Alan H. Karp, Kay-Yut Chen, Kay-yut Chen, Ren Wu, Ren Wu
playing computer programs to the problem of negotiating good deals. In every test case, this strategy recommends making an ultimatum. On examining the protocol, we found that it is equivalent to a...
A Practical Quantum Mechanism for the Public Goods Game (2003)
Chen, Kay-Yut, Hogg, Tad, Beausoleil, Raymond
Quantum generalizations of conventional games broaden the range of available strategies, which can help improve outcomes for the participants. With many players, such quantum games can involve...
A game tree strategy for automated negotiation (2003)
Alan H. Karp, Alan H. Karp, Ren Wu, Ren Wu, Kay-yut Chen, Kay-yut Chen, ...
web services, automated negotiation We present a strategy for automatic negotiation that takes the same approach as computer programs that play games such as chess; we build the game tree. For every...
Eliminating public knowledge biases in information-aggregation mechanisms (2003)
Kay-yut Chen, Leslie R. Fine, Bernardo A. Huberman
We present a novel methodology for identifying public knowledge and eliminating the biases it creates when aggregating information in small group settings. A two-stage mechanism consisting of an...
AutONA: A System for Automated Multiple 1-1 Negotiation (2003)
Andrew Byde, Kay-Yut Chen, Claudio Bartolini, Mike Yearworth, Mike Yearworth
this paper we have presented a system, AutONA, for conducting multiple simultaneous 1-1 negotiations over price and quantity. The use of competition between sellers to guide negotiation tactics is key
Computer Games And Economics Experiments (2003)
HP Labs has developed a software platform, called MUMS, for moderating economics games between human and/or robot participants. The primary feature of this platform is a flexible scripting language...
A game tree strategy for automated negotiation (2003)
We present a strategy for automatic negotiation that takes the same approach as computer programs that play games such as chess; we build the game tree. For every offer we look at every counteroffer,...
Eliminating Public Knowledge Biases in Small Group Predictions (2002)
Chen, Kay-Yut, Fine, Leslie R., Huberman, Bernardo A.
We present a novel methodology for identifying public knowledge and eliminating the biases it creates when aggregating information in small group settings. A two stage mechanism consisting of an...
Öð� Ê Èðóøø, Kay-yut Chen, Kay-yut Chen, Hewlett Packard Laboratories, Hewlett Packard Laboratories, Charles R. Plott, ...
Information Aggregation Mechanisms are economics mechanisms designed explicitly for the purpose of collecting and aggregating information. The modern theory of rational expectations, together with...
Computer Games and Economics Experiments (2002)
HP Labs has developed a software platform, called MUMS, for moderating economics games between human and/or robot participants. The primary feature of this platform is a flexible scripting language...
MINIMUM ADVERTISED-PRICE POLICY RULES AND RETAILER BEHAVIOR: AN EXPERIMENT BY HEWLETT-PACKARD (2001)
Charness, Gary B, Chen, Kay-Yut
We tested the effects of various of policy rules on retailer behavior in laboratory experiments conducted at Hewlett-Packard Laboratories. Our experimental design models the multifaceted contemporary...
Forecasting Uncertain Events with Small Groups (2001)
Chen, Kay-Yut, Fine, Leslie R., Huberman, Bernardo A.
We present a novel methodology for predicting future outcomes that uses small numbers of individuals participating in an imperfect information market. By determining their risk attitudes and...
Experiments on strategic choices and markets
Wilfred Amaldoss, Teck-Hua Ho, Aradhna Krishna, Kay-Yut Chen, Preyas Desai, Ganesh Iyer, ...
Strategic choice, Market, Experiment,
Markets and Information Aggregation Mechanisms
Chen, Kay-Yut, Plott, Charles R., Charles R. Plott, Vernon L. Smith
MINIMUM ADVERTISED-PRICE POLICY RULES AND RETAILER BEHAVIOR: AN EXPERIMENT BY HEWLETT-PACKARD
We tested the effects of various of policy rules on retailer behavior in laboratory experiments conducted at Hewlett-Packard Laboratories. Our experimental design models the multifaceted contemporary...
Forecasting Uncertain Events with Small Groups
Kay-Yut Chen, Leslie R. Fine, Bernardo A. Huberman
We present a novel methodology for predicting future outcomes that uses small numbers of individuals participating in an imperfect information market. By determining their risk attitudes and...