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Agents, self-interest and electronic markets

Published online by Cambridge University Press:  01 September 1999

LARS RASMUSSON
Affiliation:
Swedish Institute of Computer Science, Box 1263, 164 29 Kista, Sweden. Email: lra@sics.se, sverker@sics.se
SVERKER JANSON
Affiliation:
Swedish Institute of Computer Science, Box 1263, 164 29 Kista, Sweden. Email: lra@sics.se, sverker@sics.se

Abstract

How free are our software agents to take the best possible care of our interests? How free can we make them? In what sense and to what extent do currently proposed mechanisms and agent behaviors consider self-interest? What current research addresses these issues? What needs to be done? We address these issues in the context of electronic markets, such as consumer goods markets and (future, more fine-grained) markets for electric power or communication bandwidth.

Type
Review Article
Copyright
© 1999 Cambridge University Press

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