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Author:Moore, J.
Title:Information acquisition policies for resource allocation among multiple agents
Journal:Information Systems Research
1997 : JUN, VOL. 8:2, p. 151-170
Index terms:INFORMATION SYSTEMS
RESEARCH
RESOURCE ALLOCATION
Language:eng
Abstract:This paper investigates a problem of resource allocation where a manager allocates discrete resources among multiple agents in a team in a socially optimal manner. In making this allocation, the manager needs to understand the preference orders of the agents for the discrete resources. The manager does this by adopting an information acquisition policy. Three different information acquisition policies are investigated here. The trade off between the amount of information elicited and the costs involved are studied for each of the policies.
SCIMA record nr: 171644
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