Publication Type

Conference Proceeding Article

Publication Date

11-2007

Abstract

We consider the problem of resource allocation and scheduling where information and decisions are decentralized, and our goal is to propose a market mechanism that allows resources from a central resource pool to be allocated to distributed decision makers (agents) that seek to optimize their respective scheduling goals. We propose a generic combinatorial auction mechanism that allows agents to competitively bid for the resources needed in a multi-period setting, regardless of the respective scheduling problem faced by the agent, and show how agents can design optimal bidding strategies to respond to price adjustment strategies from the auctioneer. We apply our approach to handle real-time large-scale dynamic resource coordination in a mega-scale container terminal.

Discipline

Artificial Intelligence and Robotics | Business | Operations Research, Systems Engineering and Industrial Engineering

Research Areas

Intelligent Systems and Decision Analytics

Publication

IEEE/WIC/ACM International Conference on Intelligent Agent Technology, 2007: IAT '07: 2-5 November 2007, Fremont, CA: Proceedings

First Page

407

Last Page

411

ISBN

9780769530277

Identifier

10.1109/IAT.2007.41

Publisher

IEEE Computer Society

City or Country

Los Alamitos, CA

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Additional URL

http://dx.doi.org/10.1109/IAT.2007.41