Title | mWater, a Case Study for Modeling Virtual Markets |
Publication Type | Book Chapter |
Year of Publication | 2013 |
Authors | Garrido A, Giret A, Botti V, Noriega P |
Editor | Ossowski S |
Book Title | Agreement Technologies |
Chapter | 33 |
Series Volume | 8 |
Pagination | 565-582 |
Publisher | Springer- Verlag GmbH |
ISBN Number | 9789400755826 |
Keywords | electronic institutions |
Abstract | We propose an electronic institution approach to build a virtual market as an open multi-agent system that handles several negotiation protocols in a coherent and flexible fashion. This proposal has been inspired by the work in mWater, which is developed as a regulated environment where autonomous agents trade rights for the use of water in a closed basin. We also present a generic negotiation framework that is enabled with tools to specify performance indicators, to spawn agent populations and allow humans, as well as software agents, to participate in simulations of water-right virtual trading. This demonstrates an interesting aid for data organisation, and for communication and negotiation among the different stakeholders of a basin. |