Market-based Task Allocation for Dynamic Information Processing Environments

Flexible and large-scale information processing across enterprises entails dynamic and decentralized control of workflow through adaptive allocation of knowledge and processing resources. Markets comprise a well-understood class of mechanisms for decentralized resource allocation, where agents inter...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: WELLMAN, Michael P., CHENG, Shih-Fen
التنسيق: text
اللغة:English
منشور في: Institutional Knowledge at Singapore Management University 2003
الموضوعات:
الوصول للمادة أونلاين:https://ink.library.smu.edu.sg/sis_research/1216
http://dx.doi.org/10.1109/KIMAS.2003.1245031
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الوصف
الملخص:Flexible and large-scale information processing across enterprises entails dynamic and decentralized control of workflow through adaptive allocation of knowledge and processing resources. Markets comprise a well-understood class of mechanisms for decentralized resource allocation, where agents interacting through a price system direct resources toward their most valued uses as indicated by these prices. The information-processing domain presents several challenges for market-based approaches, including (1) representing knowledge-intensive tasks and capabilities, (2) propagating price signals across multiple levels of information processing, (3) handling dynamic task arrival and changing priorities, and (4) accommodating the increasing-returns and public-good characteristics of information products. A market gaming environment provides a methodology for testing alternative market structures and agent strategies, and evaluating proposed solutions in a realistic decentralized manner.