Dynamics of complex systems
Dynamic pricing by software agents
Computer Networks: The International Journal of Computer and Telecommunications Networking - electronic commerce
Poaching and Distraction in Asynchronous Agent Activities
ICMAS '98 Proceedings of the 3rd International Conference on Multi Agent Systems
Handling emergent resource use oscillations
PRIMA'04 Proceedings of the 7th Pacific Rim international conference on Intelligent Agents and Multi-Agent Systems
Handling emergent resource use oscillations
PRIMA'04 Proceedings of the 7th Pacific Rim international conference on Intelligent Agents and Multi-Agent Systems
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Business and engineering systems are increasingly being created as collections of many autonomous (human or software) agents cooperating as peers. Peer-to-peer coordination introduces, however, unique and potentially serious challenges. When there is no one ‘in charge’, dysfunctions can emerge as the collective effect of locally reasonable decisions. In this paper, we consider the dysfunction wherein inefficient resource use oscillations occur due to delayed status information, and describe novel approaches, based on the selective use of misinformation, for dealing with this problem.