A decommitment strategy in a competitive multi-agent transportation setting

P.J. t Hoen, J.A. Poutré, la

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

10 Citations (Scopus)
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Decommitment is the action of foregoing of a contract for another (superior) offer. It has been shown that, using decommitment, agents can reach higher utility levels in case of negotiations with uncertainty about future prospects. In this paper, we study the decommitment concept for the novel setting of a large-scale logistics setting with multiple, competing companies. Orders for transportation of loads are acquired by agents of the (competing) companies by bidding in online auctions. We find significant increases in profit when the agents can decommit and postpone the transportation of a load to a more suitable time. Furthermore, we analyze the circumstances for which decommitment has a positive impact if agents are capable of handling multiple contracts simultaneously.
Original languageEnglish
Title of host publicationAgent Mediated Electronic Commerce V (AMEC-V)
EditorsP. Faratin, D. Parkes, J. Rodriquez-Aguilar
Place of PublicationBerlin
Publication statusPublished - 2004

Publication series

NameLecture Notes in Artificial Intelligence LNAI
ISSN (Print)1611-3349


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