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ATAL
2008
Springer

Distributed multiagent resource allocation in diminishing marginal return domains

8 years 5 months ago
Distributed multiagent resource allocation in diminishing marginal return domains
We consider a multiagent resource allocation domain where the marginal production of each resource is diminishing. A set of identical, self-interested agents requires access to sharable resources in the domain. We present a distributed and random allocation procedure, and demonstrate that the allocation converges to the optimal in terms of utilitarian social welfare. The procedure is based on direct interaction among the agents and resource owners (without the use of a central authority). We then consider potential strategic behavior of the selfinterested agents and resource owners, and show that when both act rationally and the domain is highly competitive for the resource owners, the convergence result still holds. The optimal allocation is arrived at quickly; given a setting with k resources and n agents, we demonstrate that the expected number of timesteps to convergence is O(k ln n), even in the worst case, where the optimal allocation is extremely unbalanced. Our allocation proc...
Yoram Bachrach, Jeffrey S. Rosenschein
Added 12 Oct 2010
Updated 12 Oct 2010
Type Conference
Year 2008
Where ATAL
Authors Yoram Bachrach, Jeffrey S. Rosenschein
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