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The Matrix Auction: A Mechanism for the Market-Based Coordination of Enterprise Networks (1999)
BibTeX
@MISC{Knstliche99thematrix,
author = {Fr Knstliche and Intelligenz Gmbh and Christian Russ and Gero Vierke and Deutsches Forschungszentrum and Deutsches Forschungszentrum and Knstliche Intelligenz and Knstliche Intelligenz and Dfki Gmbh},
title = {The Matrix Auction: A Mechanism for the Market-Based Coordination of Enterprise Networks},
year = {1999}
}
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Abstract
We argue that a network of shipping companies, that cooperatively executes transportation tasks, can be viewed as a special instance of a virtual enterprise. We propose the matrix auction as an efficient, incentive compatible allocation mechanism for virtual transportation enterprises. The implementation of the matrix auction in a multi-agent fleet scheduling system is described, and we were able to observe a significant improvement of the task allocation. 1 Introduction In this paper the problem of efficiently allocating transportation tasks in a network of cooperating shipping companies that are independent and self-interested is adressed from an economic point of view. In the highly competitive haulage business, small and medium sized shipping companies that operate locally are often forced to form temporary inter-regional alliances in order to bundle their resources and to establish competitive prices. The business process of a transportation task is often split into subtas...
Keyphrases
matrix auction transportation task market-based coordination enterprise network virtual enterprise significant improvement competitive price special instance economic point temporary inter-regional alliance competitive haulage business business process incentive compatible allocation mechanism task allocation virtual transportation enterprise multi-agent fleet scheduling system shipping company
