An Economy Model Based on Barter Exchanges between Software Agents

摘要

The interactions between parties within large, open systems are driven by trust. In this paper, we propose a model for barter exchanges based on reputation and trust values, which considers mechanisms for computing an agent's trust according to a set of norms enforced by a central authority. Based on this model, the paper shows how self-interested agents manage to establish cooperation relationships in order to accomplishing their goals, being aware that the costs of future transactions depend on one's reputation.