2005
DOI: 10.1007/11423355_24
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Welfare Engineering in Practice: On the Variety of Multiagent Resource Allocation Problems

Abstract: Abstract. Many problems studied in the multiagent systems community can be considered instances of an abstract multiagent resource allocation problem. In this problem, which is now better understood theoretically, the goal is to satisfy a criterion of global optimality (formulated in terms of a suitable notion of social welfare), given that the agents sharing a set of resources follow a local rationality criterion reflecting their individual preferences. In this paper, we first show that this simple decentrali… Show more

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Cited by 15 publications
(13 citation statements)
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“…The insight that very different notions of social welfare may be appropriate for different applications of MARA has provided the impetus for the development of the Welfare Engineering framework [20,35], which addresses two issues:…”
Section: Welfare Engineeringmentioning
confidence: 99%
“…The insight that very different notions of social welfare may be appropriate for different applications of MARA has provided the impetus for the development of the Welfare Engineering framework [20,35], which addresses two issues:…”
Section: Welfare Engineeringmentioning
confidence: 99%
“…MultiAgent Resource Allocation (MARA) [5] is a process of distributing a number of resources among a number of agents. Commonly, there are two types of resources, i.e.…”
Section: Multiagent Resource Allocation (Mara)mentioning
confidence: 99%
“…One of most important new waves of researches is based on the idea of micro-economics of agents' decision making [13,14]. Virtual money helps agents to limit the number of considered options and reduce time of computations.…”
Section: Related Workmentioning
confidence: 99%