Comparison of distributed methods for resource allocation

Resource allocation problems aim to achieve certain goals or objectives by allocating resources. Traditionally, centralized methods are applied to such prob-lems. However, the inherent, decentralized nature of many corporates/companies/ factories drives the investigation on decentralized or distributed methods. This paper provides an overview of research activities in the field of distributed meth-ods for resource allocation problems. We concentrate on classifying the resource allocation problems, comparing different methods and discussing how these dif-ferent methods can be applied to the problems. Finally, a range of open issues and future challenges are highlighted