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Bid-Price Control for the Formation of Multiagent Organisations

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Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 8076))

Abstract

Agents that participate in a multiagent organisation must receive a reasonable compensation for delivering services to this organisation. Otherwise, the agents would refrain from joining the organisation due to their self-interest. Thus, the formation of multiagent organisations is no mechanical process, but subject to considerations of the involved agents. We approach this decision problem by a bid-price approach from quantity-based Revenue Management to maximise each individual agent’s expected revenue. The proposed method is evaluated in a simulation with competing service provider agents. The results suggest that our approach is robust for most cases with low demand and outweighs non-discriminating formation processes when supply exceeds demand.

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Premm, M., Widmer, T., Karänke, P. (2013). Bid-Price Control for the Formation of Multiagent Organisations. In: Klusch, M., Thimm, M., Paprzycki, M. (eds) Multiagent System Technologies. MATES 2013. Lecture Notes in Computer Science(), vol 8076. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-40776-5_14

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  • DOI: https://doi.org/10.1007/978-3-642-40776-5_14

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-40775-8

  • Online ISBN: 978-3-642-40776-5

  • eBook Packages: Computer ScienceComputer Science (R0)

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