Abstract:
Information-rich environments, such as electronic markets,
or even more generally the World Wide Web, require agents that can
assimilate and use real-time information flows wisely. A new breed of
"information-based" agents aim to meet this requirement. They are founded
on concepts from information theory, and are designed to operate
with information flows of varying and questionable integrity. These
agents are part of a larger project that aims to make informed automated
trading, in applications such as eProcurement, a reality.