U-Mart2003

U-Mart 2003 was held as a demo session for ISAGA, an international academic conference where gaming business people gathered. Including all comers, many people from various universities and organizations applied for participation. Prototype of the new system (U-Mart System Version 2.0) was used. Log data was saved per item in CSV format files, and that enabled participants to analyze orders or etc. on the spot. After completion of the experiment, we had a debriefing to analyze the results together with the participants: secrets of the first prize agentfs strength, cause of rapid rise/down, etc.

¥Date
  August 27, 2003
¥Place
  Joso Academia Park Held as a demo session for ISAGA 2003.@University Co-hosted by SICE and Japan Society of System@Engineering
¥Participants
  10 teams with machine agents and
18 teams with human agents
¥Agent type
  Machine and Human

  1. # Sessions per day: 8 times
  2. Session interval: 10 seconds
  3. Trading period: 30
  4. Total # Sessions: 240 times

yMachinez

Team University Member ID
Ritsumeikan Ritsumeikan University m21`m22
Abe Chuo University m23
Irie Tokyo Institute of Technology m24
Kitakubo Tokyo Institute of Technology m25`m27
Aiba Chuo University m28
Nakajima Osaka City University m29Em30

yHuman agentsz

Team University Member ID Member name
Obara Businessperson m32 Obara
TCLD TCLD m33 Nakano
Ritsumeikan Ritsumeikan University m34`m36 FukumoriEYamanakaESengi
Osaka Keizaigaku Osaka University of Economics m37 Morimoto
Fukuokadai Fukuoka University m38`m39 IgarashiEOkayasu
Tokyo Kogyo Tokyo Institute of Technology m40 Higuchi
Chuo Dai Chuo University m41`m48

AibaEYagyuEAbeESinjyo
MiyazakiEKudoENakataEHarada

Science Council of Japan Science Council of Japan m49 Motoki
Kitakubo Tokyo Institute of Technology m50 Kitakubo

œMachine&Human

Rank Agent name Member ID Team University CASHi\j
No.1 kitakubo1 m26

DeguchiEKitakubo

Tokyo Institute of Technology
1,627,966,000
No.2 RandomStrategy m5 U-Mart|Kit Standard agent
1,111,777,000
No.3 DayTradeStrategy m30 U-Mart|Kit Standard agent
1,109,821,000
No.4 Irie m24 DeguchiEIrie Tokyo Institute of Technology
1,087,145,000
No.5 fuzzy b m20 U-Mart|Kit Standard agent
1,081,898,000
No.6 Abe Hironori m43 Chuo University Chuo university
1,076,467,00

œMachine

Rank Agent name MemberID Team University CASHi\j
No.1 Kitakubo1 m26 DeguchiEKitakubo Tokyo Insitute of Technology
1,627,966,000
No.2 Irie m24 DeguchiEIrie Tokyo Institute of Technology
1,087,145,000
No.3 Ayaki m21 Ritsumeikan Ritsumeikan University
1,051,744,000
No.4 Kitakubo02 m27 DeguchiEKitakubo Tokyo Institute of Technology
1,041,098,000
No.5 Kitakubo0 m25 DeguchiEKitakubo Tokyo Institute of Technology
1,041,007,000

œHuman

Rank Agent name MemberID Team University CASHi\j
No.1 Aiba Hiroyuki m43 Chuo Dai Chuo University
1,076,467,000
No.2 Yamanaka Shinichiro m35 Ritsumeikan Ritsumeikan University
1,065,835,000
No.3 Nakata Sho m47 Chuo Dai Chuo University
1,030,137,000
No.4 Harada Kei m48 Dhuo Dai Chuo University
1,026,038,000
No.5 Motoki Aki m49 Science Council of Japan Tokyo Institute of Technology
1,021,310,000

ŸWithout random agents

Rank Agent name MemberID Team University
No.1 DayTrade m34 Goto Osaka City University
No.2 Inoue7 m18 Inoue Kyoto University
No.3 Inoue6 m17 Inoue Kyoto University

yU-Mart2003z
ŸSpecial Prize Winner
Mr. Fukumori, Ritsumeikan University who finished second to last among survivors.
Failure in selling escalation?
Creation of short positions --> Ones who repeatedly realized profits did this.
They made big profits halfway into the session...
Gradually they increased the quantity of the round lot --> Got involved in a sudden plunge.

ŸSecrets of winners
EThey reviewed the order history very carefully.
EThey checked their own contract in detail.
EThey ordered few, but secured profit per order without fault.

 

Result U-Mart2003


yBankrupted Agentsz
Human 3/18i17%j@Machine 1/10i10“j

Total 4/28(14%)