A key research goal is to design open distributed systems in a
principled way that leads to globally desirable outcomes even though
every participating agent only considers its own good and may act
insincerely. The tutorial covers relevant results in AI, game theory,
market mechanisms, voting, auctions, coalition formation, and contract
nets. Emphasis is given to rigorous concepts, results, and algorithms -
both classic ones from microeconomics and recent ones from the
distributed AI community - that have direct applications to
computational multiagent systems. Implementation experiences will be
shared. Effects of different computational limitations (agents' bounded
rationality) are discussed as a key feature that has not received
adequate attention. Examples of real-world applications will be
presented.
Prerequisite Knowledge
The tutorial equips the serious systems builder with rigorous techniques
for making multiple self- interested agents cooperate efficiently. It
also serves to familiarize newcomers and executive level participants
with the issues involved. No prior knowledge is assumed in economics or
multiagent systems. A general familiarity with computer science will be
helpful.
About the Lecturers
Tuomas Sandholm
is assistant professor of computer science at Washington University. He
received the M.S. (B.S. included) with distinction in Industrial
Engineering and Management Science from the Helsinki University of
Technology, Finland, in 1991. From 1988 to 1992, he worked as a research
scientist in the software industry. He earned the M.S. and Ph.D. degrees
in computer science from the University of Massachusetts at Amherst in
1994 and 1996 respectively. He has published 23 refereed articles in AI
Journal, IJCAI, AAAI and other forums - as well as numerous book
chapters, technical reports and other papers. He has been a program
committee member for five major conferences, and a reviewer for seven
journals and numerous conferences. He has six years of experience
designing efficient multiagent systems. This work has focused both on
theory and implementations. He has also been involved in developing two
fielded AI systems: a pension law expert system and a large- scale
transportation optimization application.