Computational-mechanism design: a call to arms

Author

Dash, Rajdeep K. ; Jennings, Nicholas R. ; Parkes, David C.

Author_Institution

Sch. of Electron. & Comput. Sci., Southampton Univ., UK

Volume

18

Issue

6

fYear

2003

Firstpage

40

Lastpage

47

Abstract

Computational-mechanism design has an important role to play in developing complex distributed systems comprising multiple interacting agents. Game theory has developed powerful tools for analyzing, predicting, and controlling the behavior of self-interested agents and decision making in systems with multiple autonomous actors. These tools, when tailored to computational settings, provide a foundation for building multiagent software systems. This tailoring gives rise to the field of computational-mechanism design, which applies economic principles to computer systems design.

Keywords

decision making; game theory; multi-agent systems; software agents; agent behavior; agent interaction; complex distributed system; computational-mechanism design; computer systems design; decision making; economic principle; game theory; multiagent software system; Arm; Buildings; Control system analysis; Control systems; Decision making; Distributed computing; Economic forecasting; Game theory; Power generation economics; Software systems;

fLanguage

English

Journal_Title

Intelligent Systems, IEEE

Publisher

ieee

ISSN

1541-1672

Type

jour

DOI

10.1109/MIS.2003.1249168

Filename

1249168