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Title:
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MICROCREDIT PRACTICES APPLIED DO E-SUPPLY CHAIN MANAGEMENT |
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Author(s):
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Pedro Abreu , Pedro Mendes , Vasco Vinhas , Daniel Castro Silva |
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ISBN:
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978-972-8924-49-2 |
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Editors:
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Sandeep Krishnamurthy and Pedro Isaías |
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Year:
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2007 |
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Edition:
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Single |
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Keywords:
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Microcredit, Supply Chain, Agents, Business Strategy, Simulation, TAC SCM. |
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Type:
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Full Paper |
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First Page:
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91 |
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Last Page:
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98 |
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Language:
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English |
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Cover:
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Full Contents:
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click to dowload 
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Paper Abstract:
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Mohamed Yunnus, founder of the Grameen Bank and winner of the 2006 Noble Peace Prize, introduced a new financial
strategy to the world calling it MicroCredit. The practices involve loaning small amounts of money to societies poorest
people so as to allow them to develop small scale businesses. In this research an agent architecture emulating these
practices on a competitive multi agent trading platform is presented. The agent is named MicroTeam and was a contestant
in the 2007 TAC SCM competition qualifying rounds. It achieved an average final result of 1.8 million with an initial
loan of only 100.000 monetary units proving the applicability of the concept even among highly competitive agents such
as last years winner. The proposed agent adaptations mainly regard introduction of credit limits and client request
analysis following the developed evaluation function. |
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