The Importance Of A Multi Criteria Rating System - 987 Words

While reputation bootstrapping concerns trust initializing of newcomer agents in the absence of historical information [18]. Rebootstrapping, on the other hand, is an exploration strategy in the absence of trustworthy agents. The term â€Å"rebootstrapping† was first introduced by Griffiths [19], referring to a strategy when there are no trusted agents that provide the required capabilities, the agent with the highest trust level based on some probabilistic models from the pool of untrustworthy agents will be selected. More specifically, rebootstrapping strategy can help avoiding deadlock when in a certain situation all interacting agents are distrusted and are not considered for cooperation. Braynov et al. [8] state that the condition for market efficiency does not require complete trustworthiness assessment. They propose trust revelation mechanism which involves agents holding accurate estimates of one another at the beginning of every transaction, even if they are untrustwo rthy. In other words, agents having trust value to the degree they deserve to be trusted can transact as efficiently as trustworthy agents. Similar to a multi-criteria rating system called FIRE [20] which is capable of handling changeability problem in participant’s behaviours or relationships (for example, when a former trustworthy partner becomes unreliable or breaks the old relationships). To cope with such circumstances, FIRE model continuously monitors the performance of components and adopts learningShow MoreRelatedPolicy Alternatives for Affordable Housing Essay1222 Words   |  5 PagesSelection of The Criteria Criterion 1: Economic Feasibility Purpose of this criterion is to answer the question, Does the whole benefit and savings of implementation of this alternative outweigh the other costs of implementing it? Alternatives also will be measured for its cost to New Zealand in terms of staff and program resources. An optimum program would require minimized use of these resources. 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