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Woc-Bots: An Agent-Based Approach to Decision-Making
Journal article   Open access   Peer reviewed

Woc-Bots: An Agent-Based Approach to Decision-Making

Sean Grimes and David E. Breen
Applied sciences, v 9(21), p4653
01 Nov 2019
url
https://doi.org/10.3390/app9214653View
Published, Version of Record (VoR)CC BY V4.0 Open

Abstract

Chemistry Chemistry, Multidisciplinary Engineering Engineering, Multidisciplinary Materials Science Materials Science, Multidisciplinary Physical Sciences Physics Physics, Applied Science & Technology Technology
We present a flexible, robust approach to predictive decision-making using simple, modular agents (WoC-Bots) that interact with each other socially and share information about the features they are trained on. Our agents form a knowledge-diverse crowd, allowing us to use Wisdom of the Crowd (WoC) theories to aggregate their opinions and come to a collective conclusion. Compared to traditional multi-layer perceptron (MLP) networks, WoC-Bots can be trained more quickly, more easily incorporate new features, and make it easier to determine why the network gives the prediction that it does. We compare our predictive accuracy with MLP networks to show that WoC-Bots can attain similar results when predicting the box office success of Hollywood movies, while requiring significantly less training time.

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3 citations in Scopus

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Web of Science research areas
Chemistry, Multidisciplinary
Engineering, Multidisciplinary
Materials Science, Multidisciplinary
Physics, Applied
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