Negotiation for transportation tasks with stochastic payoffs

Goutam Satapathy, Soundar R.T. Kumara

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

Abstract

In this paper, we describe a bargain model to distribute tasks with stochastic payoff among transportation companies. The tasks are generated from a procurement problem where a set of products needs to be selected for transportation from a set of prospective suppliers to a set of prospective manufacturers. The bargain process based on this model uses a time varying payoff distribution. We explain the design of the payoff model, and describe the simulation study used to determine the design criteria of the payoff model to generate a desirable task distribution.

Original languageEnglish (US)
Pages (from-to)193-202
Number of pages10
JournalComputers in Industry
Volume42
Issue number2
DOIs
StatePublished - Jun 2000

All Science Journal Classification (ASJC) codes

  • General Computer Science
  • General Engineering

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