Economics of cooperation: information Foraging in distributed systems

Umre, Ashish (2004) Economics of cooperation: information Foraging in distributed systems. In: Robinson, Jon (ed.) Cognitive Science Research Papers. White House Papers: Graduate Research In Informatics at Sussex, 17 . University of Sussex, Brighton, pp. 53-54.

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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.

Item Type: Book Section
Schools and Departments: School of Engineering and Informatics > Informatics
Depositing User: Ashish Umre
Date Deposited: 21 Feb 2012 10:04
Last Modified: 25 Feb 2016 14:19
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