1997
DOI: 10.1016/s0004-3702(97)00030-1
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Coalitions among computationally bounded agents

Abstract: This paper analyzes coalitions among self-interested agents that need to solve combinatorial optimization problems to operate e ciently in the world. By colluding coordinating their actions by solving a joint optimization problem the agents can sometimes save costs compared to operating individually. A model of bounded r ationality is adopted where computation resources are costly. It is not worthwhile solving the problems optimally: solution quality is decision-theoretically traded o against computation cost.… Show more

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Cited by 272 publications
(160 citation statements)
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“…Coalition formation is the process by which individual agents form such coalitions, generally to solve a problem by coordinating their efforts. The coalition formation problem can be seen as being composed of the following activities [48]: (a) the search for an optimal coalition structure; (b) the solution of a joint problem facing members of each coalition; and (c) division of the value of the generated solution among the coalition members. While seemingly complex, coalition formation can be abstracted into a fairly simple model under the assumption of transferable utility, which assumes the existence of a (divisible) commodity (such as "money") that players can freely transfer among themselves.…”
Section: Coalition Formationmentioning
confidence: 99%
“…Coalition formation is the process by which individual agents form such coalitions, generally to solve a problem by coordinating their efforts. The coalition formation problem can be seen as being composed of the following activities [48]: (a) the search for an optimal coalition structure; (b) the solution of a joint problem facing members of each coalition; and (c) division of the value of the generated solution among the coalition members. While seemingly complex, coalition formation can be abstracted into a fairly simple model under the assumption of transferable utility, which assumes the existence of a (divisible) commodity (such as "money") that players can freely transfer among themselves.…”
Section: Coalition Formationmentioning
confidence: 99%
“…There are also many different ways to form teams, but in this paper we use a simple model that contains similar properties to many other team models [8,20,27]. In this paper, a team is defined as an aggregation of agents where each agent:…”
Section: Team Formationmentioning
confidence: 99%
“…Another issue with coalitions is that, while larger coalitions may provide more benefit, they may entail substantial costs. Sandholm and Lesser show properties of coalitions when computational cost of being part of a coalition goes up as the coalition gets bigger [27]. While in the previous examples agents are trying to maximize coalition utility or system utility, in Brooks and Durfee agents are self centered, but join congregations to try to increase their own utilities [8].…”
Section: Teamsmentioning
confidence: 99%
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“…In this context, cooperative game theory offers a number of solution concepts such as core, kernel, and stable solution [10]. A number of multiagent systems researchers have used and extended these solutions to facilitate automated coalition formation [16,17,14,13]. A key problem, in the context of multi-agent systems, is to study the computational aspects of the solutions that game theory provides.…”
Section: Introductionmentioning
confidence: 99%