Contracting strategy based on Markov process modeling

Sunju Park, Edmund H. Durfee · National Conference on Artificial Intelligence · 1996

One of the fundamental activities in multiagent systems is the exchange of tasks among agents. In particular, we are interested in contracts among self-interested agents, where a contractor desires to find a contractee that will perform the task for the lowest payment, and a contractee wants to perform tasks that maximize its profit (payment received less the cost of doing the task). Multiple, concurrent contracts take place such that a contract may be retracted because of other contracts.

Read the paper · More papers on PaperTik