Decentralized Task Coordination
Publikation: Working paper › Forskning
Dokumenter
- 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.
Originalsprog | Engelsk |
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Udgiver | Department of Food and Resource Economics, University of Copenhagen |
Antal sider | 25 |
Status | Udgivet - 2020 |
Navn | IFRO Working Paper |
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Nummer | 2020/11 |
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ID: 250117498