Centralized Versus Decentralized Control - A Solvable Stylized Model in Transportation
To analyze the potential outcomes resulting from interaction between autonomous decision-making "smart parts" in logistics networks, we propose here an exactly solvable stylized model that is able to quantify how much the dynamics can be enhanced by (fully decentralized) agent-based mechanisms. Cost functions are introduced in order to compare the performances of centralized versus decentralized organization and we are enable to conclude that for time horizons shorter than a critical value, multi-agent interactions generate smaller costs that an optimal effective central controller.
Keywords: Transportation logistics ; "Smart parts" dynamics ; Multi-agent systems ; Mean-field approximation ; Burgers' nonlinear evolution ; Emergent cooperative pattern ; Optimal stochastic control ; Kullback-Leibler relative entropy ; Complex Adaptive Systems ; Supply Networks ; Perspective
Record created on 2010-09-30, modified on 2017-02-16