Objective Trust-Based Agents: Trust and Trustworthiness in a Multi-Agent Trading Society

  • Authors:
  • Affiliations:
  • Venue:
  • ICMAS '00 Proceedings of the Fourth International Conference on MultiAgent Systems (ICMAS-2000)
  • Year:
  • 2000

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Abstract

In this paper, we develop a notion of 驴objective trust驴 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 introduce a mechanism for such an 驴objective Trust-Based Agent驴 (oTB-Agent). The trust one Agent places in another is dynamic, updated based on each experience. We summarize experimental results obtained from a simulated trading environment.