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» On the Economics of Cloud Markets
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SERVICEWAVE
2010
13 years 5 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
13 years 9 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
ICIS
2001
13 years 9 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
14 years 2 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
13 years 7 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