Multi-agent Model of Trust in a Human Game
2006 (English)In: Lecture notes in economics and mathematical systems, ISSN 0075-8442, Vol. 564, no 3, 91-102 p.Article in journal (Refereed) Published
Individual-level trust is formalized within the context of a multi-agent system that models human behaviour with respect to trust in the Trust and Tracing game. This is a trade game on commodity supply chains and networks, designed as a research tool and to be played by human players. The model of trust is characterised by its learning ability, its probabilistic nature, and how experience influences trust. The validity of the trust model is tested by comparing simulation results with aggregated results of human players. More specifically the simulations show the same effects as human plays on selected parameters like confidence, tracing cost, and the trust update coefficient on observable game statistics like number of cheats, traces, certificates, and guarantees.
Place, publisher, year, edition, pages
Heidelberg: Springer Berlin/Heidelberg, 2006. Vol. 564, no 3, 91-102 p.
Other Social Sciences
Research subject SRA - Transport
IdentifiersURN: urn:nbn:se:kth:diva-80192DOI: 10.1007/3-540-28547-4_8OAI: oai:DiVA.org:kth-80192DiVA: diva2:496074
FunderTrenOp, Transport Research Environment with Novel Perspectives
QC 201202242012-02-092012-02-092012-02-24Bibliographically approved