Common Contracts

1 similar null contracts

Game Theory Based Multi-attribute Negotiation between MA and MSAs
September 13th, 2012
  • Filed
    September 13th, 2012

Abstract. This paper focuses on the multi-attribute negotiation be- tween Manufacture Agent (MA) and Material Supplier Agent (MSA) of supply chain network (SCN). A modified two-stage negotiation proto- col is proposed based on the two-stage negotiation protocol proposed in the previous work. The negotiation between MA and MSAs, where the quantity of the order of MA depends on the demand of Consumer Agent (CA), are discussed to decide the final supplier and the final strategies. The strategies of the negotiation are the wholesale price of the prod- uct, the quantity of the order, and the lead time. The final solution is solved by finding the Stackelberg equilibrium of MA-Stackelberg game. Numerical case is provided to illustrate the proposed protocol.

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.