Download Agent-Mediated Electronic Commerce VI: Theories for and by Peyman Faratin, Juan A. Rodríguez-Aguilar PDF

By Peyman Faratin, Juan A. Rodríguez-Aguilar

This e-book constitutes the completely refereed post-proceedings of the sixth foreign Workshop on Agent-Mediated digital trade, AMEC 2006, held in long island, long island, united states in July 2004 as a part of AAMAS 2004.

The 15 revised complete papers awarded have been rigorously chosen from 39 submissions in the course of rounds of reviewing and revision. The papers assemble novel paintings from such diversified fields as laptop technology, Operations study, synthetic Intelligence and dispensed platforms that concentrate on modeling, implementation and review of computational buying and selling establishment and/or agent suggestions over a various set of products. they're equipped in topical sections on mechanism layout, buying and selling brokers, and instruments.

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Read or Download Agent-Mediated Electronic Commerce VI: Theories for and Engineering of Distributed Mechanisms and Systems, AAMAS 2004 Workshop, Amec 2004, New York, PDF

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Additional info for Agent-Mediated Electronic Commerce VI: Theories for and Engineering of Distributed Mechanisms and Systems, AAMAS 2004 Workshop, Amec 2004, New York,

Example text

Some agent is not rational) then the agents will have to search through their space of strategies again to find their best-response. Thus, we can observe that there is no additional computational load on the agents when compared with a standard VCG mechanism. Thus we can use the computationally efficient bidding languages developed for VCG mechanisms [11,10]. This is important since in many proposed applications, whilst the centre may have significant computational power, the agents will be represented by distributed devices of limited computational power.

In Section 2, we formally define the framework and give an example of a social choice problem formulated in this way. In Section 3, we review the properties of tax schemes. Section 4 introduces our new mechanism, and Section 5 presents examples and experimental results. Section 6 presents extensions of the mechanism. Section 7 presents related work, and Section 8 the conclusions. 2 Modeling Social Choice Problems A social choice problem can be simply formulated a a choice among a set of possible outcomes.

A3 and A4 can impose this solution by each adding a ternary relation between all three variables that would give utility 100 to this value and 0 to all other combinations. Since the solution would remain the same if either A3 or A4 was removed, no agent would pay any taxes, so the manipulation comes for free. In auctions, collusion can be avoided by using mechanisms that make bidders pay their bid rather than the second highest bid. : rl (VR∗ ) F tax(Ai ) = rl ∈Ri Obviously, the first-price tax is not incentive-compatible, as agents have an interest to claim a lower utility for the optimal solution and a higher utility for the case where they are excluded.

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