Implementing an Agent Following MicroCredit Practices for a Competitive Supply Chain Management Environment

• Type: Article in International Conference Proceedings Book
• Date: 2007

Authors

Pedro Henriques Abreu (Author) FEUP; Pedro Mendes (Author) FEUP; Daniel Castro Silva (Author) FEUP; Vasco Vinhas (Author) FEUP

Conference proceedings National

Title: EPIA 2007 - 13º Encontro Português de Inteligência Artificial

Pages: 681-691

13th Portuguese Conference on Artificial Intelligence

Guimarães, 3 a 7 de Dezembro de 2007

Scientific classification

FOS: Engineering and technology > Electrical engineering, Electronic engineering, Information engineering

CORDIS: Technological sciences > Technology > Information technology > E-commerce

Other information

Abstract (EN): The economical Microcredit concept was introduced by Mohammad Yunus in the second half of the twentieth century. Its objectives concern the creation of small business, among the poorest people in societies, leading to improvements in the population’s quality of life and subsequently in a given nation’s economy. The practices involve the yielding of small loans with low or inexistent interests. This research attempts to demonstrate these practices’ applicability in a competitive multi agent environment by presenting an agent with the necessary adaptations. The agent is prepared to compete in the TAC SCM challenge by trading PCs with a specific strategy. The strategy considers loan limits, limited production capabilities and low risk investment. This agent participated in the TAC SCM 2007 qualifying rounds and achieved an average profit of 1.8 million score points with an estimated maximum loan of 100.000 score points which represents an extremely high profit margin.

Language: Portuguese

Type (Professor's evaluation): Scientific