Implications of agent-based supply chain games

Author

Mullen, Tracy ; Sun, Shuang ; Avasarala, Viswanath ; Bagby, John ; Yen, John ; Levi, Moti

Author_Institution

Sch. of Inf. Sci. & Technol., Pennsylvania State Univ., University Park, PA, USA

Volume

3

fYear

2004

fDate

10-13 Oct. 2004

Firstpage

2125

Abstract

The increased prevalence of network-enabled supply chains and out-sourcing of business processes suggests a stronger role for simulation tools, such as multi-agent systems, in supply chain management. We report on a new supply chain management game in the 2003 Trading Agent Competition and the design and experiences of our agent, PSUTAC. We discuss how using a shared mental model approach can help SCM designers address the role of information flow in an uncertain market environment. We conclude with a discussion about future implications to SCM of such trading agent simulations.

Keywords

game theory; multi-agent systems; supply chain management; PSUTAC; Trading Agent Competition; agent-based supply chain games; business processes out-sourcing; multi-agent systems; network-enabled supply chains; shared mental model; supply chain management; uncertain market environment; Analytical models; Cognitive science; Data processing; Game theory; Logic; Multiagent systems; Strategic planning; Sun; Supply chain management; Supply chains;

fLanguage

English

Publisher

ieee

Conference_Titel

Systems, Man and Cybernetics, 2004 IEEE International Conference on

ISSN

1062-922X

Print_ISBN

0-7803-8566-7

Type

conf

DOI

10.1109/ICSMC.2004.1400641

Filename

1400641