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An Economy Model Based on Barter Exchanges between Software Agents

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Intelligent Distributed Computing IV

Abstract

The interactions between parties within large, open systems are driven by trust. In this paper, we propose a model for barter exchanges based on reputation and trust values, which considers mechanisms for computing an agent’s trust according to a set of norms enforced by a central authority. Based on this model, the paper shows how self-interested agents manage to establish cooperation relationships in order to accomplishing their goals, being aware that the costs of future transactions depend on one’s reputation.

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Urzica, A., Mogos, AH., Florea, A.M. (2010). An Economy Model Based on Barter Exchanges between Software Agents. In: Essaaidi, M., Malgeri, M., Badica, C. (eds) Intelligent Distributed Computing IV. Studies in Computational Intelligence, vol 315. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-15211-5_31

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  • DOI: https://doi.org/10.1007/978-3-642-15211-5_31

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-15210-8

  • Online ISBN: 978-3-642-15211-5

  • eBook Packages: EngineeringEngineering (R0)

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