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Computational Service Economies: Design and Applications

  • Conference paper
Intelligent Distributed Computing III

Part of the book series: Studies in Computational Intelligence ((SCI,volume 237))

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Abstract

Many modern computing systems have to operate in environments that are highly interconnected, highly unpredictable, in a constant state of flux, have no centralized point of control, and have constituent components owned by a variety of stakeholders that each have their own aims and objectives. Relevant exemplars include the Web, Grid Computing, Peer-to-Peer systems, Sensor Networks, Cloud Computing, Pervasive Computing and many eCommerce applications. Now, although these areas have somewhat different areas of emphasis, we believe they can all be viewed as operating under the same conceptual model. Namely, one in which: (i) entities offer a variety of services in some form of institutional setting; (ii) other entities connect to these services (covering issues such as service discovery, service composition and service procurement); and (iii) entities enact services, subject to service agreements, in a flexible and context sensitive manner. Moreover, we believe agent-based computing, with its emphasis on autonomous, flexible action and interaction, is an appropriate computational model for conceptualizing, designing and implementing such systems [12, 13]. In particular, such agents are a naturalway of viewing flexible service providers and consumers that need both to respond to environmental change, while being able to work towards their individual and collective aims. Moreover, the interactions between these agents need to take place in some form of electronic institution that structures the interactions and can provide an effective matching of the appropriate producers and consumers. Everyday examples of such institutionsmight include: eBay, Second Life, Betfair exchanges or World of Warcraft. Nevertheless, in the work described here, we will focus specifically on trading institutions and in particular computational service economies that mediate the exchanges between software agents in the area of software services.

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Authors and Affiliations

  1. School of Electronics and Computer Science, University of Southampton, Southampton, SO17 1BJ, UK

    Nicholas R. Jennings & Alex Rogers

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  1. Nicholas R. Jennings
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  2. Alex Rogers
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Editors and Affiliations

  1. Department of Computer Science, University of Cyprus, 75 Kallipoleos Str., P.O. Box 20537, CY-1678, Nicosia, Cyprus

    George Angelos Papadopoulos

  2. Software Engineering Department, Faculty of Automatics, Computers and Electronics, University of Craiova, Bvd. Decebal,Nr. 107, RO-200440, Craiova, Romania

    Costin Badica

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© 2009 Springer-Verlag Berlin Heidelberg

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Jennings, N.R., Rogers, A. (2009). Computational Service Economies: Design and Applications. In: Papadopoulos, G.A., Badica, C. (eds) Intelligent Distributed Computing III. Studies in Computational Intelligence, vol 237. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-03214-1_1

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  • DOI: https://doi.org/10.1007/978-3-642-03214-1_1

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