Auction Graph

You can monitor auction behavior in real time on the Auction graph.

• To enable the Auction graph, select Auction Graph from the Status pull-down menu.

For sellers the Auction graph looks like the following:

The graph elements are:

• Auto-scaling Y-axis indicating unit price (axis is scaled to show all current bids)
• Auto-scaling X-axis indicating quantity (axis is scaled to show available quantity
• Blue dots representing the last bids received from all bidders (excluding bids by your agent The program that interacts with the rest of Merkato on behalf of buyers and sellers. Buyers can acquire bandwidth by configuring their agents to offer the price they are willing to pay for a range of available quantity, or use their agent to request a quote for a fixed-price bandwidth reservation. Sellers configure their agents with a quantity of bandwidth for sale and a minimum price they are willing to accept for that quantity.)
• A red dot, with ID number, indicating the last bid from the Dynamic Seller agent.
• Red line representing your agent's valuation The value a buyer or seller places on bandwidth. Setting a valuation is part of setting a purchasing strategy. Valuation settings within a buyer agent let buyers specify the amount they are willing to pay for varying amounts of bandwidth. This information is used by the agent to respond to changing market conditions during a Merkato progressive second price auction. curve as determined by settings in your active valuation window
• A blue shaded area representing the allocation of bandwidth The amount of data transmitted or received per unit of time. When we refer to acquiring or selling bandwidth, we mean the amount of information that can be sent over a connection at one time, at the allowed speed, without packet loss or excessive delay. Bandwidth is measured in bits-per-second. to successful bidders. This area is a series of blocks, where the height represents the unit price paid and the width represents the quantity allocated.