The Emergence of Computational Ecologies

@INCOLLECTION {,
 AUTHOR = "Bernardo A. Huberman and Tad Hogg",
 TITLE = "The Emergence of Computational Ecologies",
 BOOKTITLE = "1992 Lectures in Complex Systems",
 EDITOR = "Lynn Nadel and Daniel Stein",
 PAGES = "185-205",
 SERIES = "SFI Studies in the Sciences of Complexity",
 VOLUME = "V",
 PUBLISHER = "Addison-Wesley",
 ADDRESS = "Reading, MA",
 YEAR = "1993"}

Abstract

We describe a form of distributed computation in which agents have incomplete knowledge and imperfect information on the state of the system, and an instantiation of such systems based on market mechanisms. When agents can choose among several resources, the dynamics of the system can be oscillatory and even chaotic. A mechanism is described for achieving global stability through local controls.
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