2003-07-15
A decommitment strategy in a competitive multi-agent transportation setting
Publication
Publication
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.
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| doi.org/10.1007/978-3-540-25947-3_4 | |
| Lecture Notes in Artificial Intelligence | |
| AAMAS 2003 Workshop, AMEC 2003, July 15, 2003 | |
| Organisation | Centrum Wiskunde & Informatica, Amsterdam (CWI), The Netherlands |
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't Hoen, P. J., & La Poutré, H. (2003). A decommitment strategy in a competitive multi-agent transportation setting. In Lecture Notes in Computer Science (pp. 56–72). doi:10.1007/978-3-540-25947-3_4 |
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