Contracting Strategy Based on Markov Process Modeling

Abstract

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.

Cite

Text

Park and Durfee. "Contracting Strategy Based on Markov Process Modeling." AAAI Conference on Artificial Intelligence, 1996.

Markdown

[Park and Durfee. "Contracting Strategy Based on Markov Process Modeling." AAAI Conference on Artificial Intelligence, 1996.](https://mlanthology.org/aaai/1996/park1996aaai-contracting/)

BibTeX

@inproceedings{park1996aaai-contracting,
  title     = {{Contracting Strategy Based on Markov Process Modeling}},
  author    = {Park, Sunju and Durfee, Edmund H.},
  booktitle = {AAAI Conference on Artificial Intelligence},
  year      = {1996},
  pages     = {1400},
  url       = {https://mlanthology.org/aaai/1996/park1996aaai-contracting/}
}