This paper presents a model for solving a resource allocation problem (the ‘Screaming Generals’ problem) in which autonomous agents negotiate for use of the resources. The Screaming Generals problem is a test-bed for our ideas about task completion in a multi-agent environment with hard deadlines. Rather than analyze some specific negotiation scheme, we present a model that accepts the results ...

Existing theories and models in economics and transportation treat households’ decisions regarding allocation of time and income to activities as a resource-allocation optimization problem. Arguably, this stands in contrast with the dynamic nature of day-by-day activity-travel choices. Therefore, in the present paper we propose a different approach to model activity generation and allocation de...

In selecting tax returns for its examination program the IRS historically has focused primarily on direct revenue maximization. According to Plumley and Steuerle (2004), “The appeal of direct revenue maximization is that, for the most part, it is measurable, and it provides a basis for making resource allocation decisions.” However, Plumley and Steuerle (2004, page 329) also point out that by r...

This paper mainly uses Markowitz asset portfolio model to demonstrate the impact of different market rules (allowing and not allowing short selling) on investment returns risks, gives suggestions through this model, judges difference risks under conditions. In 10 companies known four industry premise nearly 20 years stock data, using data behalf medium long term monthly Excel Solver econometric...

Today the most organizations (e.g. banks and insurance institutes) consist of the various units which under the control of the main organization (unified management) act independently. Sometimes the manager presents some services which incur costs such as advertisement and introducing a new technology. Most organizations consist of several individual units. Resource allocation issue appe...

The problems of facility location and the allocation of demand points to facilities are crucial research issues in spatial data analysis and urban planning. It is very important for an organization or governments to best locate its resources and facilities and efficiently manage resources to ensure that all demand points are covered and all the needs are met. Most of the recent studies, which f...

This paper describes an application of agent-based modeling to investigate the effect of a distance-based transaction cost on trade. Long-distance trade is rapidly increasing, but may ultimately be constrained by our ability to move material goods between sellers and buyers. Unlike information exchange, trade in material goods is dependent on the price of oil and vulnerable to future scarcities...