Spurring innovation

Spurring innovation

TACs have been highly successful in providing this level of diversity and have been used in supply chain management, travel bookings and ad auctions – negotiations for online advertising space in which advertisers and consumers are represented. TACs bring together top researchers from academia and industry who set their agents against each other in a race for the most successful strategies. These regular competitions spur innovation and uncover strategies and interactions that no single research group could have discovered. Researchers analyse the simulation runs at the end of each competition and publish the successful strategies; this means everyone can improve them for the next competition.