Cooperation and Competition When Bidding for Complex Projects: Centralized and Decentralized Perspectives

To successfully complete a complex project, agents (companies or individuals) must form a team with the required competencies and resources. A team can be formed either by the project issuer based on individual agents' offers (centralized formation) or by the agents themselves (decentralized fo...

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Bibliographic Details
Main Authors: Skowron, Piotr, Rzadca, Krzysztof, Datta, Anwitaman
Other Authors: School of Computer Science and Engineering
Format: Journal Article
Language:English
Published: 2017
Subjects:
Online Access:https://hdl.handle.net/10356/84096
http://hdl.handle.net/10220/42958
Description
Summary:To successfully complete a complex project, agents (companies or individuals) must form a team with the required competencies and resources. A team can be formed either by the project issuer based on individual agents' offers (centralized formation) or by the agents themselves (decentralized formation) bidding for a project as a consortium. The authors investigate rational strategies for agents, propose concepts to characterize the stability of winning teams and study computational complexity of finding these concepts of stability.