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- W201776703 abstract "The sharing and collective processing of information by individuals in any social system is an attempt to reduce the uncertainty associated with key features of their environments by collecting and storing information. By sampling each of its options regularly, an individual gains from being able to exploit them when they are productive and avoid them otherwise. In this way, collection of information can be thought of as a solution to the uncertainty problem that maximises potential opportunities [3], [4]. Some group-living species have evolved effective social mechanisms for reducing uncertainties in their environments. However, doing so may entail certain costs with respect to attributes such as time, energy and attention. In this paper, we explore the cost/benefits of cooperation within the domain of distributed systems, where biologically inspired agents interact with each other using the environment to disseminate information about resources (foraging sites). In the sections that follow, we describe briefly the theory of cooperation, social foraging theory, the simulation model and some experiments to understand/analyse the dynamics of social foraging in stochastic environments" @default.
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- W201776703 date "2005-11-14" @default.
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- W201776703 title "Economics of Cooperation: Social Foraging in Distributed Systems" @default.
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