Evaluating the cost of enforcement by agent-based simulation: A wireless mobile grid example
Balke, T, De Vos, M and Padget, J (2013) Evaluating the cost of enforcement by agent-based simulation: A wireless mobile grid example In: PRIMA 2013: Principles and Practice of Multi-Agent Systems. Lecture Notes in Computer Science, 8291 L . Springer Berlin Heidelberg, pp. 21-36. ISBN 978-3-642-44926-0
Full text not available from this repository.Abstract
The subject of this paper is the cost of enforcement, to which we take a satisficing approach through the examination of marginal cost-benefit ratios. Social simulation is used to establish that less enforcement can be beneficial overall in economic terms, depending on the costs to system and/or stakeholders arising from enforcement. The results are demonstrated by means of a case study of wireless mobile grids (WMGs). In such systems the dominant strategy for economically rational users is to free-ride, i.e. to benefit from the system without contributing to it. We examine the use of enforcement agents that police the system and punish users that take but do not give. The agent-based simulation shows that a certain proportion of enforcement agents increases cooperation in WMG architectures. The novelty of the results lies in our empirical evidence for the diminishing marginal utility of enforcement agents: that is how much defection they can foreclose at what cost. We show that an increase in the number of enforcement agents does not always increase the overall benefits-cost ratio, but that with respect to satisficing, a minimum proportion of enforcement agents can be identified that yields the best results. © 2013 Springer-Verlag.
Item Type: | Book Section | ||||||||||||||||||
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Divisions : | Surrey research (other units) | ||||||||||||||||||
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Date : | 2013 | ||||||||||||||||||
DOI : | 10.1007/978-3-642-44927-7_3 | ||||||||||||||||||
Depositing User : | Symplectic Elements | ||||||||||||||||||
Date Deposited : | 16 May 2017 15:29 | ||||||||||||||||||
Last Modified : | 23 Jan 2020 14:56 | ||||||||||||||||||
URI: | http://epubs.surrey.ac.uk/id/eprint/819959 |
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