DocumentCode
1540717
Title
Nongovernance rather than governance in a multiagent economic society
Author
Takadama, Keiki ; Terano, Takao ; Shimohara, Katsunori
Author_Institution
Adv. Telecommun. Res. Inst. Int., Kyoto, Japan
Volume
5
Issue
5
fYear
2001
fDate
10/1/2001 12:00:00 AM
Firstpage
535
Lastpage
545
Abstract
This paper explores how to achieve goals at the macro level without controlling self-interested economic agents at the micro level and investigates the effectiveness of our claim suggesting that we make use of properties arising from interaction among economic agents to address the above issue. Intensive experiments on a complex domain problem have found the following implications: (1) as an institution design, it is important not to control economic agents at the micro level, but to promote them to self-activate in order to achieve goals at the macro level and (2) as a role of an administrative party like a government, it is important to have a clear view to determine which results are good because the timing for finding such results depends on the environmental situation and there is no guarantee that these results will converge. Other implications are summarized as follows: (1) it is important to remove evaluation level intervention to find good results, while it is important to introduce this intervention to reduce costs and (2) behavior intervention does not contribute to finding good results nor reducing costs
Keywords
convergence; economic cybernetics; multi-agent systems; administration; complex domain problem; evaluation level intervention; government; institution design; multiagent economic society; nongovernance; self-interested economic agent interaction; Associate members; Autonomous agents; Concrete; Control systems; Costs; Environmental economics; Government; Societies; Timing;
fLanguage
English
Journal_Title
Evolutionary Computation, IEEE Transactions on
Publisher
ieee
ISSN
1089-778X
Type
jour
DOI
10.1109/4235.956716
Filename
956716
Link To Document