Artificial agents play the" Mad Mex trust game": a computational approach

DJ Wu, SO Kimbrough, F Zhong - Proceedings of the 35th …, 2002 - ieeexplore.ieee.org
DJ Wu, SO Kimbrough, F Zhong
Proceedings of the 35th Annual Hawaii International Conference on …, 2002ieeexplore.ieee.org
We investigate the" Mad Mex trust game," a game of trust which cannot easily be
represented in a strategic form. We investigate such questions as: Will cooperative behavior
emerge and under what conditions? What are some of the efficient and effective
mechanisms for trust building in electronic markets? How will these mechanisms affect the
emergence of trust and cooperative behavior? What are the key ingredients in building
distributed trust and what destroys trust? This game constitutes a more realistic model of …
We investigate the "Mad Mex trust game," a game of trust which cannot easily be represented in a strategic form. We investigate such questions as: Will cooperative behavior emerge and under what conditions? What are some of the efficient and effective mechanisms for trust building in electronic markets? How will these mechanisms affect the emergence of trust and cooperative behavior? What are the key ingredients in building distributed trust and what destroys trust? This game constitutes a more realistic model of negotiation in electronic markets, particularly on the Internet.
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