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A selfish allocation heuristic in scheduling: Equilibrium and inefficiency bound analysis

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  • Braat, Jac
  • Hamers, Herbert
  • Klijn, Flip
  • Slikker, Marco

Abstract

For single decision maker optimization problems that lack time efficient algorithms to determine the optimum, there is a need for heuristics. In the context of coordinated production planning, the seminal paper of Graham (1969) provided a performance analysis of heuristics and obtained a bound in relation to the centralized optimum.

Suggested Citation

  • Braat, Jac & Hamers, Herbert & Klijn, Flip & Slikker, Marco, 2019. "A selfish allocation heuristic in scheduling: Equilibrium and inefficiency bound analysis," European Journal of Operational Research, Elsevier, vol. 273(2), pages 634-645.
    • Handle: RePEc:eee:ejores:v:273:y:2019:i:2:p:634-645
    DOI: 10.1016/j.ejor.2018.08.024
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    References listed on IDEAS

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    Cited by:

    1. Kameda, Hisao, 2021. "Magnitude of inefficiency," European Journal of Operational Research, Elsevier, vol. 292(3), pages 1133-1145.

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