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Economics of cooperation: information Foraging in distributed systems

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posted on 2023-06-08, 10:53 authored by Ashish Umre
The sharing and collective processing of information by individuals in any social system is an attempt to reduce the uncertainty associated with key features of their environments by collecting and storing information. By sampling each of its options regularly, an individual gains from being able to exploit them when they are productive and avoid them otherwise. In this way, collection of information can be thought of as a solution to the uncertainty problem that maximises potential opportunities. However, doing so may entail certain costs because of valuable resources, including time, energy and attention. We explore the cost/benefits of cooperation within the domain of distributed systems, where biologically inspired agents communicate and cooperate with each other using the environment to disseminate information about resources/services.

History

Publication status

  • Published

Publisher

University of Sussex

Volume

17

Page range

53-54

Pages

59.0

Book title

Cognitive Science Research Papers

Place of publication

Brighton

Series

White House Papers: Graduate Research In Informatics at Sussex

Department affiliated with

  • Informatics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Editors

Jon Robinson

Legacy Posted Date

2012-02-21

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