research-article

SmartRate: a rating interpretation mechanism for agents in smart grid markets

Authors:

Yasaman Haghpanah,

Wolfgang Ketter,

Jan van Dalen,

Marie desJardinsAuthors Info & Claims

ICEC '12: Proceedings of the 14th Annual International Conference on Electronic Commerce

Pages 87 - 90

https://doi.org/10.1145/2346536.2346552

Published: 07 August 2012 Publication History

Get Access

Abstract

We present SmartRate, a trust and reputation-based decision framework for Smart Grid, based on the available ratings provided by other customers. This model considers multiple trust factors associated with the broker and the preferences of customers for each of these factors. We define a decision framework for broker selection based on multi-attribute utility function and show how learning customers' rating behaviors helps to increase a decision maker's utility. We evaluate this framework by simulating a market based on real-world data. Our results show that learning the characteristics of a rating population helps to interpret and personalize the ratings, which results in better decision making and an increase in customer satisfaction.

References

[1]

DoE. http://energy.gov, 2011.

Google Scholar

[2]

Y. Haghpanah and M. desJardins. PRep: A probabilistic reputation model for biased societies. In AAMAS-2012 to appear, 2012.

Digital Library

Google Scholar

[3]

JDPower. http://www.jdpower.com/homes/ratings/texas-electric-retailer-ratings, 2011.

Google Scholar

[4]

R. Keeney. Multiplicative utility functions. Operations Research, pages 22--34, 1974.

Google Scholar

[5]

W. Ketter, J. Collins, P. Reddy, C. Flath, and M. Weerdt. The power trading agent competition. In ERIM Report Series Research in Management, ERS-2011-027-LIS, December 2011.

Google Scholar

Index Terms

SmartRate: a rating interpretation mechanism for agents in smart grid markets
1. Computing methodologies
  1. Artificial intelligence
    1. Distributed artificial intelligence
      1. Multi-agent systems

Recommendations

Determinants of repurchase intention in online group-buying

A theoretical model integrating the D&M model and trust literature was proposed.The model was tested using data collected customers of a group-buying website.Increasing satisfaction and perceived quality will facilitate repurchase intention.Increasing ...
The Role of Reputation on Trust and Loyalty: A Cross-Cultural Analysis of Tablet E-Tailing

The purpose of this article is to empirically examine the role of online retailer's website reputation on tablet commerce and to compare the trust arbitration between reputation and loyalty in two cultures-Finland and Nigeria. Data was collected from ...
An effective social recommendation method based on user reputation model and rating profile enhancement

Trust-aware recommender systems are advanced approaches which have been developed based on social information to provide relevant suggestions to users. These systems can alleviate cold start and data sparsity problems in recommendation methods through ...

Comments

Information & Contributors

Information

Published In

ICEC '12: Proceedings of the 14th Annual International Conference on Electronic Commerce

August 2012

357 pages

ISBN:9781450311977

DOI:10.1145/2346536

General Chair:
Robert J. Kauffman
Singapore Management University
,
Program Chairs:
Martin Bichler
Technischen Universität München, Germany
,
Hoong Chuin Lau
Singapore Management University
,
Yinping Yang
Institute of High Performance Computing, A*STAR Singapore
,
Christopher Yang
Drexel University

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

Publisher

Association for Computing Machinery

New York, NY, United States

Publication History

Published: 07 August 2012

Permissions

Request permissions for this article.

Request Permissions

Check for updates

Author Tags

Qualifiers

Research-article

Conference

ICEC '12

Sponsor:

Singapore Management University

ICEC '12: Fourteenth International Conference on Electronic Commerce

August 7 - 8, 2012

Singapore, Singapore

Acceptance Rates

Overall Acceptance Rate 150 of 244 submissions, 61%

Contributors

Other Metrics

View Article Metrics

Bibliometrics & Citations

Bibliometrics

Article Metrics

0
Total Citations
92
Total Downloads

Downloads (Last 12 months)0
Downloads (Last 6 weeks)0

Reflects downloads up to 02 Mar 2025

Other Metrics

View Author Metrics

Citations

View Options

Login options

Check if you have access through your login credentials or your institution to get full access on this article.

Full Access

Get this Publication

View options

PDF

View or Download as a PDF file.

PDF

eReader

View online with eReader.

eReader

Abstract

References

Index Terms

Recommendations

Determinants of repurchase intention in online group-buying

The Role of Reputation on Trust and Loyalty: A Cross-Cultural Analysis of Tablet E-Tailing

An effective social recommendation method based on user reputation model and rating profile enhancement

Comments

Information

Published In

Sponsors

Publisher

Publication History

Permissions

Check for updates

Author Tags

Qualifiers

Conference

Acceptance Rates

Contributors

Other Metrics

Bibliometrics

Article Metrics

Other Metrics

Citations

Login options

Full Access

View options

PDF

eReader

Share

Share this Publication link

Share on social media

Affiliations