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ResMAS - A Conceptual MAS Model for Resource-Based Integrated Markets

  • Thiago R. P. M. RúbioEmail author
  • Zafeiris Kokkinogenis
  • Henrique Lopes Cardoso
  • Eugénio Oliveira
  • Rosaldo J. F. Rossetti
Conference paper
Part of the Communications in Computer and Information Science book series (CCIS, volume 722)

Abstract

Contemporary information systems provide extended capabilities to support both system and market operations and favour the emergence of dynamic marketplaces to complement traditional market organisations. An integrated market-based approach considers the coexistence of different market types and their interaction. We discuss ResMAS, a conceptual model for resource-based integrated markets where the entities are modelled as a Multi-Agent System (MAS). In this paper we exemplify the application of ResMAS in a plausible scenario: electricity markets. The main contributions of the ResMAS model comprise the capability to model complex agent decisions, the possibility to analyse the interaction among markets, and the possibility to create new regulation mechanisms to achieve the expected outcomes.

Keywords

Market-based model Multi-Agent Systems Resource-based market 

Notes

Acknowledgements

This work is partially funded through IBRASIL, a Full Doctorate programme under Erasmus Mundus, Action 2 – STRAND 1, Lot 16, and FCT, the Portuguese Agency for R&D, under PhD Scholarship grant SFRH/BD/67202/2009.

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Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  • Thiago R. P. M. Rúbio
    • 1
    Email author
  • Zafeiris Kokkinogenis
    • 1
  • Henrique Lopes Cardoso
    • 1
  • Eugénio Oliveira
    • 1
  • Rosaldo J. F. Rossetti
    • 1
  1. 1.LIACC/DEI, Faculdade de EngenhariaUniversidade do PortoPortoPortugal

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