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<article-title>Achieving Cooperation among Selfish Agents in the Air Traffic <br/>Management Domain using Signed Money</article-title>
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<author><a href="mailto:geertj@cs.uu.nl"><name>Geert Jonker</name></a></author>
<aff>Dep. of Information and Computing Sciences, Utrecht University</aff>

<author><a href="mailto:dignum@cs.uu.nl"><name>Frank Dignum</name></a></author>
<aff>Dep. of Information and Computing Sciences, Utrecht University</aff>

<author><a href="mailto:jj@cs.uu.nl"><name>John-Jules Meyer</name></a></author>
<aff>Dep. of Information and Computing Sciences, Utrecht University</aff>

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<title>ABSTRACT</title>
<p>We present a monetary system by which selfish agents can cooperate reciprocally. We show that a straight-forward market mechanism can lead to unfair situations when agents misuse key positions. We show that it is not easy to retaliate wrongdoers, as there is a dominant strategy that deviates from the retaliating strategy. We present a monetary system in which every user can issue money and every user is required to sign each credit it issues or circulates. By using a trust-based credit-valuation function, wrongdoers are retaliated and it is no longer dominant to deviate from the retaliating strategy.</p>
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