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Designing behaviors for information agents
Proceedings of the first international conference on Autonomous agents - AGENTS '97, 1997To facilitate the rapid development and open system interoperability of autonomous agents we need to carefully specify and effectively implement various classes of agent behaviors. Our current focus is on the behaviors and underlying architecture of WWW-based autonomous software agents that collect and supply information to humans and other ...
Keith Decker +3 more
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Emergent behavior in information economies
Proceedings International Conference on Multi Agent Systems (Cat. No.98EX160), 2002Our overall goal is to characterize and understand the dynamic behavior of very large open economies of automated information agents. Analysis and simulation of a simple information-filtering economy reveal both efficient self-organization of the brokers into specialized niches and endless price wars, depending on extrinsic costs.
Jeffrey O. Kephart +6 more
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Information Diversity and Market Behavior
The Journal of Finance, 1982ABSTRACTThe paper addresses two major issues raised by information diversity in a speculative market. First, we analyze what property of an investor's information leads to an expected speculative profit and show that independence is more important than accuracy. Second, we consider whether the market price must become fully efficient, in the sense that
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Annual Review of Information Science and Technology, 2009
Karen E. Fisher, Heidi E. Julien
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Karen E. Fisher, Heidi E. Julien
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Information, measurability, and continuous behavior
Journal of Mathematical Economics, 2002The author consider a decision-making problem under uncertainty. The main result of this paper is to establish the continuity of the measurability constraint which arises in such problems.
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Information theory and behavior
The European Physical Journal Special Topics, 2020The quantal response behavior widely observed in experiments and observations of human and animal behavior can be derived as expected payoff maximization subject to a constraint on the entropy of the subject’s behavior mixed strategy. The Lagrange multiplier corresponding to the entropy constraint is an agent’s “behavior temperatureˮ.
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Conversation, Information, and Herd Behavior [PDF]
American Economic Review, 1995 Experimental evidence shows that an important reason why people tend to imitate others, to exhibit "herd behavior" is that they assume that the others have information that justifies their actions. The information cascade models of Banerjee [1992] and Bikhchandani et al.
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Precautionary behavior and informed decisions in the information age
IEEE Technology and Society Magazine, 2002openaire +1 more source