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Supply chain management with market economics

Toshiya Kaihara
2001 International Journal of Production Economics  
SCM, however, is generally based on the simple theory of constraints (TOC) concept, and is not always concerned with Pareto optimal solutions in product distribution.  ...  Several simulation experiments on the supply chain model with multi-echelon structure clarify the market dynamics that emerge through the agent negotiations.  ...  The general equilibrium theory guarantees a Pareto optimal solution at competitive equilibrium in perfect  ... 
doi:10.1016/s0925-5273(01)00092-5 fatcat:lxdueivffjcrvjnb2mrv724psa

Multi-agent based supply chain modelling with dynamic environment

Toshiya Kaihara
2003 International Journal of Production Economics  
Virtual market based supply chain operation solves the product allocation problem by distributing the scheduled resources based on the agent interactions in the market.  ...  We formulate supply chain model as a discrete resource allocation problem under dynamic environment, and demonstrate the applicability of the virtual market concept to this framework.  ...  Obviously SCM model is well-structured for market-oriented programming, and that means the proposed concept takes advantage of the theory, and a Pareto optimal solution, which is conducted by microeconomics  ... 
doi:10.1016/s0925-5273(03)00114-2 fatcat:pupulytdmvazdlktaxywsx5itm

Multi Agent Based Supply Chain Management with Market Emergence Phenomenon [chapter]

Toshiya Kaihara
2000 Advances in Networked Enterprises  
We formulate supply chain model as virtual market with the aggregation of agents based on the market-oriented programming, and demonstrate the applicability of economic analysis to this framework.  ...  Supply chain management is categorised into a discrete resource allocation problem amongst several business units, and requires an optimal solution in terms of product distribution.  ...  Acknowledgements This research is supported by International Research program IMS(Intelligent Manufacturing System) of MITI Japan, under contract No.9919 (HUTOP project).  ... 
doi:10.1007/978-0-387-35529-0_18 fatcat:ijvo3dzusjdrri4r7laaomuiju

Catallaxy-based Grid markets

Torsten Eymann, Michael Reinicke, Werner Streitberger, Omer Rana, Liviu Joita, Dirk Neumann, Björn Schnizler, Daniel Veit, Oscar Ardaiz, Pablo Chacin, Isaac Chao, Felix Freitag (+10 others)
2005 Multiagent and Grid Systems  
This framework comprises the foundations for a later comparison of centralized and decentralized market mechanisms for allocation of services and resources in ALNs and Grids.  ...  The dynamic discovery of services, and the selection of a particular service instance providing the best value out of the discovered alternatives, poses a complex multi-attribute n:m allocation decision  ...  That implies that if solution X is not pareto-optimal, both agents could negotiate a deviating solution that promises pareto-optimality.  ... 
doi:10.3233/mgs-2005-1407 fatcat:d6tqhavyxfa7xjf45s7i76iyxi

A Trade-Off Negotiation Strategy for Pareto-Optimal Service Composition with Additive QoS-constraints

Claudia Di Napoli, Silvia Rossi
2020 Group Decision and Negotiation  
In the present work, we propose a trade-off negotiation strategy that allows reaching a Pareto-optimal agreement, if it exists.  ...  Automated negotiation is adopted to select component services in a dynamic market of services where provided QoS values may vary according to different market strategies.  ...  The OBS is based on the concept of reference point, calculated for each agent as a point that aggregates the proposals of all other n − 1 agents.  ... 
doi:10.1007/s10726-020-09709-8 fatcat:twndk6yw3ff6xg4zo2ntjeprgq

Supply Chain Management in Agile Manufacturing Environment [chapter]

Toshiya Kaihara
2002 IFIP Advances in Information and Communication Technology  
To explore the use of market mechanism for the coordination of distributed planning module in supply chain management, we have developed a prototype supply chain model in dynamic environment for specifying  ...  Computational virtual market based supply chain operation solves the product allocation problem by distributing the scheduled resources based on the agent interactions in the market.  ...  Market mechanism is expected to solve the problems by presenting a Pareto optimal solution for all of the business units in the market.  ... 
doi:10.1007/978-0-387-35492-7_40 fatcat:ffemuespbbbahddspsk2f7xsp4

An Analysis on a Negotiation Model Based on Multiagent Systems with Symbiotic Learning and Evolution

Md. Tofazzal HOSSAIN
2012 SICE Journal of Control Measurement and System Integration  
This study explores an evolutionary analysis on a negotiation model based on Masbiole (Multiagent Systems with Symbiotic Learning and Evolution) which has been proposed as a new methodology of Multiagent  ...  mechanisms for agents.  ...  For this reason, in matters of common interest, reaching a solution in a dynamic problem space is sometimes difficult.  ... 
doi:10.9746/jcmsi.5.55 fatcat:2ujfpz6tbbebhc4icxblubm7wm

A Study on the Chain Restaurants Dynamic Negotiation Games of the Optimization of Joint Procurement of Food Materials

Hung- Teng Chang
2014 International Journal of Computer Science & Information Technology (IJCSIT)  
design of dynamic negotiation optimization mechanism for the joint procurement of food materials.  ...  Proposed by Smith [1] in 1980, the protocol is to solve problems and conflicts through multi-agent cooperation and negotiation mode by simulating the tendering procedures of enterprises.  ...  the dynamic negotiation optimization mechanism for the joint procurement of food materials.  ... 
doi:10.5121/ijcsit.2014.6107 fatcat:l7jmza5cfvfunia7f5zuibb43a

Coalition calculation in a dynamic agent environment

Ted Scully, Michael G. Madden, Gerard Lyons
2004 Twenty-first international conference on Machine learning - ICML '04  
We present a solution based on the adaptation of a multi-objective optimization evolutionary algorithm.  ...  We consider a dynamic market-place of selfinterested agents with differing capabilities. A task to be completed is proposed to the agent population.  ...  The authors are grateful to the anonymous reviewers for their detailed and helpful comments.  ... 
doi:10.1145/1015330.1015380 dblp:conf/icml/ScullyML04 fatcat:ph5e6tcg6rhk5lfxo57pi3mtxe

Auctions and Electronic Markets [chapter]

Donna Griffin, Dirk Pesch
2009 Multiagent Systems  
and generate a counter proposal based on a certain strategy.  ...  A mechanism is efficient, meaning that the allocation resulting from the auction is Pareto optimal, where no agent can improve its allocation without making another agent worse off.  ...  It is a presentation of a combination of different research issues which are pursued by researchers in the domain of multi agent systems as they are one of the best ways to understand and model human societies  ... 
doi:10.5772/6611 fatcat:pd3tsrq24reu3cxghqinqmm6uy

An evolutionary learning approach for adaptive negotiation agents

Raymond Y.K. Lau, Maolin Tang, On Wong, Stephen W. Milliner, Yi-Ping Phoebe Chen
2005 International Journal of Intelligent Systems  
Our experimental results show that GA-based adaptive negotiation agents outperform a theoretically optimal negotiation mechanism which guarantees Pareto optimal.  ...  This paper illustrates our adaptive negotiation agents which are underpinned by robust evolutionary learning mechanisms to deal with complex and dynamic negotiation contexts.  ...  Rubenstein-Montano and Malaga have also reported a GA-based negotiation mechanism for searching optimal solutions for multiparty multi-objective negotiations [39] .  ... 
doi:10.1002/int.20120 fatcat:zzrupnrwonbk5k6u7ihqhdxoaa

Double-agent architecture for collaborative supply chain formation

Yang Hang, Simon Fong
2008 Proceedings of the 10th International Conference on Information Integration and Web-based Applications & Services - iiWAS '08  
The CSET framework was proposed, and the advantage of time efficiency was shown in [2] . The core of the CSET model is based on intelligent agent technology.  ...  A SET model was proposed in [1] using Pareto theories.  ...  The authors are grateful that this work is supported by the Research Council, University of Macau.  ... 
doi:10.1145/1497308.1497383 dblp:conf/iiwas/HangF08 fatcat:eyhp5abr7bf75lib7z6ali6tfy

Using similarity criteria to make issue trade-offs in automated negotiations

P. Faratin, C. Sierra, N.R. Jennings
2002 Artificial Intelligence  
A novel linear algorithm is presented that enables software agents to make trade-offs for multi-dimensional goods for the problem of distributed resource allocation.  ...  Automated negotiation is a key form of interaction in systems that are composed of multiple autonomous agents.  ...  Acknowledgements Some of the material of this paper is the result of collaborative work with different researchers among which we'd like to mention Lluís Godo.  ... 
doi:10.1016/s0004-3702(02)00290-4 fatcat:joumbiokefdt3bxpbgom4bpyay

Methodologies for the design of negotiation protocols on E-markets

Martin Bichler, Arie Segev
2001 Computer Networks  
In this paper we survey the key techniques for the design of negotiation protocols and describe the main steps in the design of a multi-attribute auction protocol for a ®nancial market.  ...  The design of negotiation protocols is a challenging research direction and involves a number of disciplines including information systems development, game theory, mechanism design theory, simulation  ...  In other words, the mechanism should automate multi-lateral negotiations on multiple attributes of a deal. We have taken a heuristic approach and proposed a set of multi-attribute auction mechanisms.  ... 
doi:10.1016/s1389-1286(01)00212-2 fatcat:lhshdrmwnrb7tdy566fndenn5a

Transboundary Water Conflict Resolution Mechanisms: Substitutes or Complements

2019 Water  
These mechanisms include social planner, water market, game theory, static and dynamic systems engineering models, and negotiation analyses.  ...  These mechanisms share some common characteristic features. This similarity has led to a general belief that these mechanisms are competitive substitutes.  ...  I would like also to thank the anonymous reviewers for their insightful comments on the first draft of this article. Conflicts of Interest: The author declares no conflict of interest.  ... 
doi:10.3390/w11071337 fatcat:zh3r4uebd5ewhdbbbg2k4nqcx4
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