Buying and selling with insurance in open multi-agent marketplace

Lam, Yuk-Hei, Zhang, Zili and Ong, Kok-Leong 2006, Buying and selling with insurance in open multi-agent marketplace, Lecture notes in computer science, vol. 4099, pp. 945-949.

Attached Files
Name Description MIMEType Size Downloads

Title Buying and selling with insurance in open multi-agent marketplace
Author(s) Lam, Yuk-Hei
Zhang, Zili
Ong, Kok-Leong
Journal name Lecture notes in computer science
Volume number 4099
Start page 945
End page 949
Publisher Springer-Verlag
Place of publication Berlin, Germany
Publication date 2006-02-20
ISSN 0302-9743
1611-3349
Keyword(s) evolutionary computing
Summary In this paper, we incorporate the insurance concept in buying and selling model for agents to trade in the open multi-agent marketplace. During buying, agents purchase insurance as a method to search for potential sellers and select their partners based on the information provided by insurance agents. During selling, agents purchase insurance as a method to protect themselves against potential risk. The insurance concept greatly simplifies the trading procedure in the open marketplace. The novelty of this proposal is that it ensures a dynamic trading environment while agents continue to seek maximum utility and being fully protected by insurance. Our experimental results confirm the feasibility of our approach.
Notes Book Title: PRICAI 2006: Trends in Artificial Intelligence
Language eng
Field of Research 080199 Artificial Intelligence and Image Processing not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2006, Springer-Verlag Berlin Heidelberg
Persistent URL http://hdl.handle.net/10536/DRO/DU:30003578

Document type: Journal Article
Collection: School of Engineering and Information Technology
Connect to link resolver
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Access Statistics: 397 Abstract Views, 0 File Downloads  -  Detailed Statistics
Created: Mon, 07 Jul 2008, 08:57:09 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.