Computer Science and Engineering
Rationality alone is insufficient to specify agent design. Using economic theory, we can program agents to behave in ways that maximize their utility while responding to environmental changes. However, economic models for agents, although general in principle, are typically limited in practice because the value functions that are tractable essentially reduce an agent to acting selfishly. Building a stable social system from a collection of agents motivated by self-serving interests is difficult. Finally, understanding rationality and knowledge requires interdisciplinary results from artificial intelligence, distributed.
Published in IEEE Internet Computing, Volume 7, Issue 2, 2003, pages 91-93.
© 2003 by the Institute of Electrical and Electronics Engineers (IEEE)