uk.ac.liv.auction.core
Class UniformPricingPolicy

java.lang.Object
  uk.ac.liv.auction.core.KPricingPolicy
      uk.ac.liv.auction.core.UniformPricingPolicy

All Implemented Interfaces:

Parameterizable, PricingPolicy, java.io.Serializable

public class UniformPricingPolicy

extends KPricingPolicy

implements java.io.Serializable

A pricing policy in which we set the transaction price in the interval between the ask quote and the bid quote as determined by the parameter k. The pricing policy is uniform in the sense that individual bid and ask prices are ignored, thus all agents performing transactions in the clearing operation will pay the same price.

Version:

$Revision: 1.7 $

Author:

Steve Phelps

See Also:

Serialized Form

Field Summary

Fields inherited from class uk.ac.liv.auction.core.KPricingPolicy

k, P_K

Constructor Summary

UniformPricingPolicy()

UniformPricingPolicy(double k)

Method Summary

double

determineClearingPrice(Shout bid, Shout ask, MarketQuote clearingQuote)

Methods inherited from class uk.ac.liv.auction.core.KPricingPolicy

getK, kInterval, setK, setup

Methods inherited from class java.lang.Object

clone, equals, finalize, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait

Constructor Detail

UniformPricingPolicy

public UniformPricingPolicy()

UniformPricingPolicy

public UniformPricingPolicy(double k)

Method Detail

determineClearingPrice

public double determineClearingPrice(Shout bid,
                                     Shout ask,
                                     MarketQuote clearingQuote)

Specified by:

determineClearingPrice in interface PricingPolicy