Agents, self-interest and electronic markets

Abstract

How free are our software agents to take the best possible care of our interests? How free can we make them? In what sense and to what extent do currently proposed mechanisms and agent behaviors consider self-interest? What current research addresses these issues? What needs to be done? We address these issues in the context of electronic markets, such as consumer goods markets and (future, more fine-grained) markets for electric power or communication bandwidth.