Decentralized Task Coordination
Research output: Working paper › Research
Documents
- Decentralized Task Coordination
Final published version, 1.46 MB, PDF document
We study decentralized task coordination. Tasks are of varying complexity and agents asymmetric: agents capable of completing high-level tasks may also take on tasks originally contracted by lower-level agents, facilitating system-wide cost reductions. We suggest a family of decentralized two-stage mechanisms in which agents first announce preferred individual workloads and then bargain over the induced joint cost savings. The second-stage negotiations depend on the first-stage announcements as specified through the mechanism's recognition function. We characterize mechanisms that incentivize cost-effective task allocation and further single out a particular mechanism, which additionally ensures a fair distribution of the system-wide cost savings.
Original language | English |
---|---|
Publisher | Department of Food and Resource Economics, University of Copenhagen |
Number of pages | 25 |
Publication status | Published - 2020 |
Series | IFRO Working Paper |
---|---|
Number | 2020/11 |
Number of downloads are based on statistics from Google Scholar and www.ku.dk
No data available
ID: 250117498