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» On the Economics of Cloud Markets
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SERVICEWAVE
2010
14 years 9 months ago
Self-adapting Applications Based on QA Requirements in the Cloud Using Market-Based Heuristics
There are several situations where applications in the cloud need to self-manage their quality attributes (QA). We posit that selfadaptation can be achieved through a market-based ...
Vivek Nallur, Rami Bahsoon
ATAL
2008
Springer
15 years 1 months ago
Zero-intelligence agents in prediction markets
We construct a novel agent-based model of prediction markets in which putative human qualities like learning, reasoning, and profit-seeking are absent. We show that the prices whi...
Abraham Othman
87
Voted
ICIS
2001
15 years 1 months ago
Transaction Costs and Market Efficiency
Previous research suggests that a decline in transactions costs leads to improved economic efficiency. In this paper,weshowthatsuchadeclinewillintroduceincreasinglyuninformedconsu...
Bin Gu, Lorin M. Hitt
ATAL
2009
Springer
15 years 6 months ago
Adaptive learning in evolving task allocation networks
In this paper, we study multi-agent economic systems using a recent approach to economic modeling called Agent-based Computational Economics (ACE): the application of the Complex ...
Tomas Klos, Bart Nooteboom
AAMAS
2002
Springer
14 years 11 months ago
On the Natural Selection of Market Choice
An evolutionary approach to the problem of economic mechanism choice is presented. It demonstrates the power that a single participant has on the choice of a preferred market mecha...
Aviv Bergman, Moshe Tennenholtz