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Market-based Control

Name: Market-based Control
Brand: World Scientific Publishing Co Pte Ltd
SKU: 05065121
Price: 118.59 EUR
Availability: InStock
Author: Scott H. Clearwater
ISBN: 9789810222543

A Paradigm for Distributed Resource Allocation

Scott H. Clearwater

James J. Yeh

Language

English

Book Hardback

Libristo code: 05065121

Publishers World Scientific Publishing Co Pte Ltd, October 1995

Market-based control is a paradigm for controlling complex systems that would otherwise be very diff... Full description

Libristo code: 05065121

287 b

118.59 €

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Market-based control is a paradigm for controlling complex systems that would otherwise be very difficult to control, maintain, or expand. The purpose of this volume is to illustrate the utility of market-based control through a series of papers focusing on different applications. This volume brings together the research from a wide range of fields, all using a market-based conceptual framework. The features of markets that have provided motivation for these works include decentralization, interacting agents, and some notion of a resource that needs to be allocated. The papers span a range including theoretical considerations, simulations, and implementations.