Possibilistic reasoning for intelligent payment agents

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with host publication)peer-review

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Author(s)

Detail(s)

Original languageEnglish
Title of host publicationLecture Notes in Artificial Intelligence (Subseries of Lecture Notes in Computer Science)
PublisherSpringer Verlag
Pages170-182
Volume2112
ISBN (Print)3540425977, 9783540454083
Publication statusPublished - 2001
Externally publishedYes

Publication series

Name
Volume2112
ISSN (Print)0302-9743

Conference

Title6th Pacific Rim International Conference on Artificial Intelligence, PRICAI 2000
PlaceAustralia
CityMelbourne
Period28 August - 1 September 2000

Abstract

With the rapid growth of electronic commerce on the Internet, it becomes increasingly important to have effective, secure, and low-cost methods of handling the monetary aspect of the on-line transactions. Recently, a number of electronic payment services have been introduced to the Web. An agent-based approach for electronic payment services is appealing since payment agents can proactively monitor the latest market information and autonomously select the best settlement option on behalf of their customers. However, because of the intrinsically dynamic nature of the Internet, these payment agents are faced with the challenges of making good decisions based on uncertain and incomplete market information. Possibilistic logic provides an expressive language to capture these uncertainties, and a robust and powerful reasoning method to make sound decisions by considering the uncertainties related to the activities in payment settlements. In addition, possibilistic deduction can be used to explain and justify an agent's decisions. Enhanced explanatory capability promotes users' trust and satisfaction, and this is essential in agent-mediated electronic commerce. This paper proposes an agent-based electronic payment service. In particular, how possibilistic logic can be applied to the development of intelligent payment agents is discussed.

Citation Format(s)

Possibilistic reasoning for intelligent payment agents. / Wong, On; Lau, Raymond.
Lecture Notes in Artificial Intelligence (Subseries of Lecture Notes in Computer Science). Vol. 2112 Springer Verlag, 2001. p. 170-182.

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with host publication)peer-review