Achieving cooperation among selfish agents in the air traffic management domain using signed money

  • Authors:
  • Geert Jonker;Frank Dignum;John-Jules Meyer

  • Affiliations:
  • Utrecht University;Utrecht University;Utrecht University

  • Venue:
  • Proceedings of the 6th international joint conference on Autonomous agents and multiagent systems
  • Year:
  • 2007

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Abstract

We present a monetary system by which selfish agents can cooperate reciprocally. We show that a straight-forward market mechanism can lead to unfair situations when agents misuse key positions. We show that it is not easy to retaliate wrongdoers, as there is a dominant strategy that deviates from the retaliating strategy. We present a monetary system in which every user can issue money and every user is required to sign each credit it issues or circulates. By using a trust-based credit-valuation function, wrongdoers are retaliated and it is no longer dominant to deviate from the retaliating strategy.