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Using Normative Markov Decision Processes for Evaluating Electronic Contracts: A Case Study in a Simulated Aerospace Aftermarket

Fagundes, Moser and Ossowski, Sascha and Luck, Michael and Miles, Simon (2012) Using Normative Markov Decision Processes for Evaluating Electronic Contracts: A Case Study in a Simulated Aerospace Aftermarket. AI Communications, 25 (1). pp. 1-17. ISSN 0921-7126

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Official URL: http://iospress.metapress.com/content/b198447185x4qh35/fulltext.html

Abstract

Before signing electronic contracts, a rational agent should estimate the expected utilities of these contracts and calculate the violation risks related to them. In order to perform such pre-signing procedures, this agent has to be capable of computing a policy taking into account the norms and sanctions in the contracts. In relation to this, the contribution of this work is threefold. First, we present the Normative Markov Decision Process, an extension of the Markov Decision Process for explicitly representing norms. In order to illustrate the usage of our framework, we model an example in a simulated aerospace aftermarket. Second, we specify an algorithm for identifying the states of the process which characterize the violation of norms. Finally, we show how to compute policies with our framework and how to calculate the risk of violating the norms in the contracts by adopting a particular policy.

Item Type:Article
Subjects:UNSPECIFIED
ID Code:1398
Deposited By:Dr Simon Miles
Deposited On:16 Mar 2012 16:35
Last Modified:16 Mar 2012 16:35

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