Balanced trade reduction for dual-role exchange markets

We consider dual-role exchange markets, where traders can offer to both buy and sell the same commodity in the exchange but, if they transact, they can only be either a buyer or a seller, which is determined by the market mechanism. To design desirable mechanisms for such exchanges, we show that existing solutions may not be incentive compatible, and more importantly, cause the market maker to suffer a significant deficit. Hence, to combat this problem, following McAfee's trade reduction approach, we propose a new trade reduction mechanism, called balanced trade reduction, that is incentive compatible and also provides flexible trade-offs between efficiency and defici

Information Agents for Pervasive Sensor Networks

In this paper, we describe an information agent, that resides on a mobile computer or personal digital assistant (PDA), that can autonomously acquire sensor readings from pervasive sensor networks (deciding when and which sensor to acquire readings from at any time). Moreover, it can perform a range of information processing tasks including modelling the accuracy of the sensor readings, predicting the value of missing sensor readings, and predicting how the monitored environmental parameters will evolve into the future. Our motivating scenario is the need to provide situational awareness support to first responders at the scene of a large scale incident, and we describe how we use an iterative formulation of a multi-output Gaussian process to build a probabilistic model of the environmental parameters being measured by local sensors, and the correlations and delays that exist between them. We validate our approach using data collected from a network of weather sensors located on the south coast of England

Towards Real-Time Information Processing of Sensor Network Data using Computationally Efficient Multi-output Gaussian Processes

In this paper, we describe a novel, computationally efficient algorithm that facilitates the autonomous acquisition of readings from sensor networks (deciding when and which sensor to acquire readings from at any time), and which can, with minimal domain knowledge, perform a range of information processing tasks including modelling the accuracy of the sensor readings, predicting the value of missing sensor readings, and predicting how the monitored environmental variables will evolve into the future. Our motivating scenario is the need to provide situational awareness support to first responders at the scene of a large scale incident, and to this end, we describe a novel iterative formulation of a multi-output Gaussian process that can build and exploit a probabilistic model of the environmental variables being measured (including the correlations and delays that exist between them). We validate our approach using data collected from a network of weather sensors located on the south coast of England

Crowdsourcing complex workflows under budget constraints

We consider the problem of task allocation in crowdsourcing systems with multiple complex workflows, each of which consists of a set of interdependent micro-tasks. We propose Budgeteer, an algorithm to solve this problem under a budget constraint. In particular, our algorithm first calculates an efficient way to allocate budget to each workflow. It then determines the number of inter-dependent micro-tasks and the price to pay for each task within each workflow, given the corresponding budget constraints. We empirically evaluate it on a well-known crowdsourcing-based text correction workflow using Amazon Mechanical Turk, and show that Budgeteer can achieve similar levels of accuracy to current benchmarks, but is on average 45% cheaper

Human-agent collectives

We live in a world where a host of computer systems, distributed throughout our physical and information environments, are increasingly implicated in our everyday actions. Computer technologies impact all aspects of our lives and our relationship with the digital has fundamentally altered as computers have moved out of the workplace and away from the desktop. Networked computers, tablets, phones and personal devices are now commonplace, as are an increasingly diverse set of digital devices built into the world around us. Data and information is generated at unprecedented speeds and volumes from an increasingly diverse range of sources. It is then combined in unforeseen ways, limited only by human imagination. People’s activities and collaborations are becoming ever more dependent upon and intertwined with this ubiquitous information substrate. As these trends continue apace, it is becoming apparent that many endeavours involve the symbiotic interleaving of humans and computers. Moreover, the emergence of these close-knit partnerships is inducing profound change. Rather than issuing instructions to passive machines that wait until they are asked before doing anything, we will work in tandem with highly inter-connected computational components that act autonomously and intelligently (aka agents). As a consequence, greater attention needs to be given to the balance of control between people and machines. In many situations, humans will be in charge and agents will predominantly act in a supporting role. In other cases, however, the agents will be in control and humans will play the supporting role. We term this emerging class of systems human-agent collectives (HACs) to reflect the close partnership and the flexible social interactions between the humans and the computers. As well as exhibiting increased autonomy, such systems will be inherently open and social. This means the participants will need to continually and flexibly establish and manage a range of social relationships. Thus, depending on the task at hand, different constellations of people, resources, and information will need to come together, operate in a coordinated fashion, and then disband. The openness and presence of many distinct stakeholders means participation will be motivated by a broad range of incentives rather than diktat. This article outlines the key research challenges involved in developing a comprehensive understanding of HACs. To illuminate this agenda, a nascent application in the domain of disaster response is presented

Trust-Based Mechanisms for Robust and Efficient Task Allocation in the Presence of Execution Uncertainty

Vickrey-Clarke-Groves (VCG) mechanisms are often used to allocate tasks to selfish and rational agents. VCG mechanisms are incentive-compatible, direct mechanisms that are efficient (i.e. maximise social utility) and individually rational (i.e. agents prefer to join rather than opt out). However, an important assumption of these mechanisms is that the agents will always successfully complete their allocated tasks. Clearly, this assumption is unrealistic in many real-world applications where agents can, and often do, fail in their endeavours. Moreover, whether an agent is deemed to have failed may be perceived differently by different agents. Such subjective perceptions about an agent’s probability of succeeding at a given task are often captured and reasoned about using the notion of trust. Given this background, in this paper, we investigate the design of novel mechanisms that take into account the trust between agents when allocating tasks. Specifically, we develop a new class of mechanisms, called trust-based mechanisms, that can take into account multiple subjective measures of the probability of an agent succeeding at a given task and produce allocations that maximise social utility, whilst ensuring that no agent obtains a negative utility. We then show that such mechanisms pose a challenging new combinatorial optimisation problem (that is NP-complete), devise a novel representation for solving the problem, and develop an effective integer programming solution (that can solve instances with about 2×105 possible allocations in 40 seconds).

Managing Social Influences through Argumentation-Based Negotiation

Social influences play an important part in the actions that an individual agent may perform within a multi-agent society. However, the incomplete knowledge and the diverse and conflicting influences present within such societies, may stop an agent from abiding by all its social influences. This may, in turn, lead to conflicts that the agents need to identify, manage, and resolve in order for the society to behave in a coherent manner. To this end, we present an empirical study of an argumentation-based negotiation (ABN) approach that allows the agents to detect such conflicts, and then manage and resolve them through the use of argumentative dialogues. To test our theory, we map our ABN model to a multi-agent task allocation scenario. Our results show that using an argumentation approach allows agents to both efficiently and effectively manage their social influences even under high degrees of incompleteness. Finally, we show that allowing agents to argue and resolve such conflicts early in the negotiation encounter increases their efficiency in managing social influences