Mobile agents are programs that can migrate from machine to machine in a heterogeneous, partially disconnected network. As mobile agents move across a network, they consume resources. We discuss a system for controlling the activities of mobile agents that uses electronic cash, a banking system, and a set of resource managers. We describe protocols for transactions between agents. We present xe...

We consider the ‘classical’ single product dynamic pricing problem allowing the ‘scale’ of demand intensity to be modulated by an an exogenous ‘market size’ stochastic process. This is a natural model of dynamically changing market conditions. We show that for a broad family of Gaussian market size processes, simple dynamic pricing rules that are essentially agnostic to the specification of thi...

This paper describes an autonomous agent conceived for automating the decision making process for pricing products. Product pricing involves the interaction of decision makers with different possibly conflicting points of view. Our approach allows for applying individual pricing policies to each product by taking into account different points of view expressed through different arguments and th...

Inspired by new developments in dynamic spectrum access, we study the dynamic pricing of wireless internet access when demand and capacity (i.e., available bandwidth) are both stochastic. The demand for wireless internet access has increased enormously in recent years. However, the spectrum available to wireless service providers is limited. The industry has thus expanded conventional license-b...

In this paper, we demonstrate and discuss the economical results of applying a fixed, a dynamic and a stochastic approximation based pricing policy in a free commodity market model designed for computational grids. We present the pricing policies and our economydriven scheduling heuristic as a part of our market model in which we assume resource owners desire to profit or recover their costs, a...

Transmission loss allocation in very large networks with multiple interconnected areas or countries is investigated in this paper. The main contribution is to propose a method to calculate the amount of losses due to activity of each participant in the multi area markets. Pricing of cross-border trades in Multi area systems is often difficult since individual countries may use incompatible ...