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This is now an inactive research group it's members have moved on. You can find them at their new research groups:

ECS Intranet:
Market-Based Control of Complex Computational Systems

Projects

Other Agent Based Computing Projects

Other E-Business Technologies Projects

Other Decentralised Information Systems Projects

Other EPSRC Funded Projects

The marketplace is a dynamic place, in which the participants trade their goods and services with an intention to maximise their own utilities. Through such trading highly efficient resource allocations can be attained in dynamic and uncertain environments.

Against this background, this EPSRC funded project (in the Novel Computation call) intends to apply market-based paradigms to the design, control and evolution of complex distributed computational systems. The targetted applications include resource allocation in utility data centres, decentralised control of content delivery and multiple robotic systems. It is a collaboration between several leading UK universities, specialised in economic mechanism design, multi-agent systems and evolutionary computation. Our main role in this project is to devise the participant strategies in response to the resource constraints and the chosen market mechanism. The interactions between various agents, the behaviours that emerge and the approaches to the selection of strategies will also be examined.

Homepage: http://www.marketbasedcontrol.com/
Type: Normal Research Project
Research Groups: Intelligence, Agents, Multimedia Group, Information: Signals, Images, Systems Research Group, Agents, Interaction and Complexity
Themes: Agent Based Computing, E-Business Technologies, Decentralised Information Systems, Artificial Life
Dates: 1st January 2005 to 31st December 2009

Partners

  • University of Liverpool
  • University of Birmingham
  • Hewlett Packard Research Labs
  • BAE Systems
  • BT Research Labs

Funding

  • EPSRC

Principal Investigators

Other Investigators

URI: http://id.ecs.soton.ac.uk/project/307
RDF: http://rdf.ecs.soton.ac.uk/project/307

More information

Associated Publications

Number of items: 12.

Papakonstantinou, A., Rogers, A., Gerding, E. and Jennings, N. (2011) Mechanism Design for the Truthful Elicitation of Costly Probabilistic Estimates in Distributed Information Systems. Artificial Intelligence, 175 (2). pp. 648-672.

Stein, S., Gerding, E., Rogers, A., Larson, K. and Jennings, N. (2011) Algorithms and mechanisms for procuring services with uncertain durations using redundancy. Artificial Intelligence, 175 . pp. 2021-2060. ISSN 0004-3702

Gerding, E., McBurney, P. and Yao, X. (2010) Market-based control of computational systems: Introduction to the special issue. Journal of Autonomous Agents and Multi-Agent Systems, 21 (2). pp. 109-114.

Gerding, E., Stein, S., Larson, K., Rogers, A. and Jennings, N. R. (2010) Scalable Mechanism Design for the Procurement of Services with Uncertain Durations. In: The Ninth International Conference on Autonomous Agents and Multiagent Systems (AAMAS 2010), May 10-14, 2010, Toronto, Canada. pp. 649-656.

Niu, J., Cai, K., Parsons, S., McBurney, P. and Gerding, E. (2010) What the 2007 TAC Market Design Game tells us about effective auction mechanisms. Journal of Autonomous Agents and Multi-Agent Systems, 21 (2). pp. 172-203. (In Press)

Rabinovich, Z., Dufton, L., Larson, K. and Jennings, N. (2010) Cultivating Desired Behaviour: Policy Teaching Via Environment-Dynamics Tweaks. In: The 9th International Conference on Autonomous Agents and Multiagent Systems, Toronto, Canada. pp. 1097-1104.

Gerding, E., Larson, K. and Jennings, N. (2009) Eliciting Expert Advice in Service-Oriented Computing. In: Proceedings of the 11th International Workshop on Agent-Mediated Electronic Commerce (AMEC 2009), May 12, 2009, Budapest, Hungary. pp. 29-42.

Gerding, E., Larson, K., Rogers, A. and Jennings, N. (2009) Mechanism Design for Task Procurement with Flexible Quality of Service. In: Lecture Notes in Computer Science Volume 5907, pp. 12-23, Springer. ISBN 978-3-642-10738-2

Papakonstantinou, A., Rogers, A., Gerding, E. and Jennings, N. (2009) Mechanism Design for Eliciting Probabilistic Estimates from Multiple Suppliers with Unknown Costs and Limited Precision. In: Proc. 11th Int. Workshop on Agent Mediated Electronic Commerce, Budapest, Hungary. pp. 111-124.

Stein, S., Gerding, E., Rogers, A., Larson, K. and Jennings, N. R. (2009) Flexible Procurement of Services with Uncertain Durations using Redundancy. In: Twenty-First International Joint Conference on Artificial Intelligence (IJCAI-09) , July 11th-17th, 2009, Pasadena, California, USA. pp. 292-298.

Stein, S., Gerding, E., Rogers, A. C., Larson, K. and Jennings, N. R. (2009) Flexible Procurement of Services with Uncertain Durations. In: Second International Workshop on Optimisation in Multi-Agent Systems (OptMas), 11 May 2009, Budapest, Hungary.

Dash, R., Gerding, E. and Jennings, N. (2008) Optimal Financially Constrained Bidding in Multiple Simultaneous Auctions. In: Negotiation, Auctions, and Market Engineering, pp. 190-199, Springer-Verlag. ISBN 3-540-77553-6

This list was generated on Sat May 25 00:59:38 2013 BST.

Publications included from http://eprints.ecs.soton.ac.uk/view/projects/307.include.