Algorithms for Optimizing Leveled Commitment Contracts
IJCAI '99 Proceedings of the Sixteenth International Joint Conference on Artificial Intelligence
Automated negotiation with decommitment for dynamic resource allocation in cloud computing
Proceedings of the 9th International Conference on Autonomous Agents and Multiagent Systems: volume 1 - Volume 1
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We consider the role of negotiation in deciding decommitment penalties. In our model, agents simultaneously negotiate over both the contract price and decommitment penalty in the contracting game and then decide whether to decommit from contracts in the decommitment game. Experimental results show that setting penalties through negotiation achieved higher social welfare than other exogenous penalty setting mechanisms.