Abstract
In this paper, we describe a bargain model to distribute tasks with stochastic payoff among transportation companies. The tasks are generated from a procurement problem where a set of products needs to be selected for transportation from a set of prospective suppliers to a set of prospective manufacturers. The bargain process based on this model uses a time varying payoff distribution. We explain the design of the payoff model, and describe the simulation study used to determine the design criteria of the payoff model to generate a desirable task distribution.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.