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Handling Resource Use Oscillation in Multi-agent Markets

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Agent-Mediated Electronic Commerce V. Designing Mechanisms and Systems (AMEC 2003)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 3048))

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Abstract

When resource consumers select among competing providers based on delayed information, inefficient oscillations in resource utilization can emerge. This paper describes an approach, based on selective stochastic resource request rejection, for dealing with this emergent dysfunction.

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© 2004 Springer-Verlag Berlin Heidelberg

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Klein, M., Bar-Yam, Y. (2004). Handling Resource Use Oscillation in Multi-agent Markets. In: Faratin, P., Parkes, D.C., Rodríguez-Aguilar, J.A., Walsh, W.E. (eds) Agent-Mediated Electronic Commerce V. Designing Mechanisms and Systems. AMEC 2003. Lecture Notes in Computer Science(), vol 3048. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-25947-3_9

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  • DOI: https://doi.org/10.1007/978-3-540-25947-3_9

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-22674-1

  • Online ISBN: 978-3-540-25947-3

  • eBook Packages: Springer Book Archive

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