Network security can be an important issue to ensure the accuracy of such transactions. Several other interesting issues related to agent and market behaviors such as competition and co-evolution are being investigated. This research is intended to study agents' complex decision making process in a simulated electronic financial market. Each agent makes its own decision by adapting to different market conditions. In addition, more agents such as the inductive agents and other statistical agents, can be incrementally added to the market.
All information arrives at the market through wireless networks or telephone lines.
Thus, the next step can be carried out by creating an adaptive market in a distributed Java environment. The study of such virtual organization will bring up plenty of challenging research issues in electronic commerce. References available upon request. Acknowledgment This research is partially supported by a grant from the NSF and an Old Gold summer research grant from the University of Iowa.