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From roles to standards: a dynamic maintenance approach using incentives

Author

Listed:
  • Ramón Hermoso

    (University of Essex)

  • Henrique Lopes Cardoso

    (Universidade do Porto)

  • Maria Fasli

    (University of Essex)

Abstract

Social coordination has been addressed in multi-agent systems, making use of concepts such as institutions, norms, commitments, conventions, roles, or trust. In this paper, we argue the need to tackle open and dynamic environments with yet another concept: the notion of a standard, seen as a measurable and non-committing expectation. Not much work has been done in the field of multi-agent systems addressing the evolving nature of roles, especially in open systems, in which changes in the population bring about changes in the expectations generated from roles. Using standards measured from roles as the focus of attention, we propose an incentive-based mechanism to maintain roles over time. This approach is put in contrast with reorganization, which is needed when incentives are not cost-effective. Different search algorithms are proposed to illustrate incentive-based maintenance. Some empirical results are shown based on the principal-agent model from economics.

Suggested Citation

  • Ramón Hermoso & Henrique Lopes Cardoso & Maria Fasli, 2015. "From roles to standards: a dynamic maintenance approach using incentives," Information Systems Frontiers, Springer, vol. 17(4), pages 763-778, August.
    • Handle: RePEc:spr:infosf:v:17:y:2015:i:4:d:10.1007_s10796-014-9523-4
    DOI: 10.1007/s10796-014-9523-4
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    References listed on IDEAS

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    1. repec:bla:scandj:v:102:y:2000:i:4:p:725-36 is not listed on IDEAS
    2. Katerina Sherstyuk, 2000. "Performance Standards and Incentive Pay in Agency Contracts," Scandinavian Journal of Economics, Wiley Blackwell, vol. 102(4), pages 725-736, December.
    3. Murphy, Kevin J., 2000. "Performance standards in incentive contracts," Journal of Accounting and Economics, Elsevier, vol. 30(3), pages 245-278, December.
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    Cited by:

    1. Carlos Iván Chesñevar & Eva Onaindia & Sascha Ossowski & George Vouros, 2015. "Special issue on agreement technologies," Information Systems Frontiers, Springer, vol. 17(4), pages 707-711, August.

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