Arbeitspapier

Decentralized Task Coordination

We study decentralized task coordination. Tasks are of varying complexity and agents asymmetric: agents capable of completing high-level tasks may also take on tasks originally contracted by lower-level agents, facilitating system-wide cost reductions. We suggest a family of decentralized two-stage mechanisms in which agents first announce preferred individual workloads and then bargain over the induced joint cost savings. The second-stage negotiations depend on the first-stage announcements as specified through the mechanism's recognition function. We characterize mechanisms that incentivize cost-effective task allocation and further single out a particular mechanism, which additionally ensures a fair distribution of the system-wide cost savings.

Sprache
Englisch

Erschienen in
Series: IFRO Working Paper ; No. 2020/11

Klassifikation
Wirtschaft
Noncooperative Games
Bargaining Theory; Matching Theory
Market Design
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Positive Analysis of Policy Formulation and Implementation
Thema
Decentralized mechanisms
Implementation
Bargaining
Consistency
Blockchain

Ereignis
Geistige Schöpfung
(wer)
Gudmundsson, Jens
Hougaard, Jens Leth
Platz, Trine Tornøe
Ereignis
Veröffentlichung
(wer)
University of Copenhagen, Department of Food and Resource Economics (IFRO)
(wo)
Copenhagen
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gudmundsson, Jens
  • Hougaard, Jens Leth
  • Platz, Trine Tornøe
  • University of Copenhagen, Department of Food and Resource Economics (IFRO)

Entstanden

  • 2020

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