This paper was presented as a poster at the International Conference on Multi-Agent Systems (ICMAS '98), Paris, July 4-7, 1998.

Emergent Behavior in Information Economies

Jeffrey O. Kephart, James E. Hanson, David W. Levine,
Benjamin N. Grosof, Jakka Sairamesh, Richard B. Segal, Steve R. White
IBM Thomas J. Watson Research Center, P.O. Box 704, Yorktown Heights, NY 10598

Abstract:

Our overall goal is to characterize and understand the dynamic behavior of very large open economies of automated information agents. Analysis and simulation of a simple information-filtering economy reveal both efficient self-organization of the brokers into specialized niches and endless price wars, depending on extrinsic costs.

• Introduction and model
• Emergent behavior
• Conclusion
• References
• About this document ...