IN Load Control Using a Competitive Market-Based Multi-agent System

Patel, A.; Prouskas, Konstantinos; Barria, Javier A.; Pitt, Jeremy

doi:10.1007/3-540-46525-1_17

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2001

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“…There is no overall control or centralised mediation in this system model (as, for instance, in the auction model of Patel, et al, [18]). Each Agent makes its trading decisions based on its past experiences of trading with other Agents in its community, updating its trust vector, and so affecting its future decisions, based on each new transaction.…”

Section: The Utilisation Stepmentioning

confidence: 99%

Experiments in Building Experiential Trust in a Society of Objective-Trust Based Agents

Witkowski

Artikis

Pitt

2001

Trust in Cyber-Societies

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Abstract. In this paper we develop a notion of "objective trust" for Software Agents, that is trust of, or between, Agents based on actual experiences between those Agents. Experiential objective trust allows Agents to make decisions about how to select other Agents when a choice has to be made. We define a mechanism for such an "objective Trust-Based Agent" (oTB-Agent), and present experimental results in a simulated trading environment based on an Intelligent Networks (IN) scenario. The trust one Agent places in another is dynamic, updated on the basis of each experience. We use this to investigate three questions related to trust in Multi-Agent Systems (MAS), first how trust affects the formation of trading partnerships, second, whether trust developed over a period can equate to "loyalty" and third whether a less than scrupulous Agent can exploit the individual nature of trust to its advantage.

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Section: The Utilisation Stepmentioning

confidence: 99%