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BIDDING PROTOCOL

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A bidding protocol is a procedure that has been used in decision support systems for distributed and/or decentralized problem solving. According to this protocol, a project may be decomposed into several tasks or jobs to be distributed among a group of (cooperating) operating units through a contract negotiation process. The bidding process creates a market-like environment within which the operating units compete for the jobs that are most suitable for themselves. The whole system usually consists of a controlling unit, called manager, and a group of operating units which possess multiple task capabilities. The manager is responsible for the development, modification and implementation of the overall project. The manager ensures that the tasks or jobs are assigned to appropriate operating units so that certain performance measures are maximized. The operating units, on the other hand, are responsible for the assigned tasks which are under their control. They are required to optimize...

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Reference

  • Davis, R.and R. G. Smith (1983), “Negotiation as a Metaphor for Distributed Problem Solving,” Artificial Intelligence, 20, pp. 63–109.

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P. M. Swamidass

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© 2000 Kluwer Academic Publishers

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(2000). BIDDING PROTOCOL . In: Swamidass, P.M. (eds) Encyclopedia of Production and Manufacturing Management. Springer, Boston, MA . https://doi.org/10.1007/1-4020-0612-8_88

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  • DOI: https://doi.org/10.1007/1-4020-0612-8_88

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-0-7923-8630-8

  • Online ISBN: 978-1-4020-0612-8

  • eBook Packages: Springer Book Archive

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