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The Matrix Auction: A Mechanism for the Market-Based Coordonation of Enterprise Networks

Gero Vierke; Christian Ruß
DFKI, DFKI Research Reports (RR), Vol. 99-04, 1999.


We argue that a network of shipping companies, that cooperatively executes transportation tasks, can be viewed as a special instance of a virtual enterprise. We propose the matrix auction as an efficient, incentive compatible allocation mechanism for virtual transportation enterprises. The implementation of the matrix auction in a multi-agent fleet scheduling system is described, and we were able to observe a significant improvement of the task allocation.