A decommitment strategy in a competitive multi-agent transportation setting

P.J. t Hoen, J.A. Poutré, la

Onderzoeksoutput: Hoofdstuk in Boek/Rapport/CongresprocedureHoofdstukAcademicpeer review

10 Citaten (Scopus)
1 Downloads (Pure)

Samenvatting

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.
Originele taal-2Engels
TitelAgent Mediated Electronic Commerce V (AMEC-V)
RedacteurenP. Faratin, D. Parkes, J. Rodriquez-Aguilar
Plaats van productieBerlin
UitgeverijSpringer
Pagina's56-72
DOI's
StatusGepubliceerd - 2004

Publicatie series

NaamLecture Notes in Artificial Intelligence LNAI
Volume3048
ISSN van geprinte versie1611-3349

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