Decentralized task coordination

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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.

OriginalsprogEngelsk
TidsskriftEuropean Journal of Operational Research
Vol/bind304
Udgave nummer2
Sider (fra-til)851-864
Antal sider14
ISSN0377-2217
DOI
StatusUdgivet - 2023

Bibliografisk note

Funding Information:
We are grateful to an anonymous reviewer for useful comments. This work is supported by the Center for Blockchains and Electronic Markets funded by the Carlsberg Foundation under grant no. CF18-1112.

Publisher Copyright:
© 2022 The Author(s)

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