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MARKET-BASED CONTROL
A Paradigm for Distributed Resource Allocation
edited by S H Clearwater (Xerox PARC, USA)
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, for the first time, 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.
Contents:
- A Computational Market Model Based on Individual Action (K
Steiglitz et al.)
- Valuation of Network Computing Resources (R A Gagliano & P A Mitchem)
- An Equilibratory Market-Based Approach for Distributed Resource Allocation and Its Applications to Communication Network Control (K Kuwabara et al.)
- Market-Oriented Programming: Some Early Lessons (M P Wellman)
- An Automated Auction in ATM Network Bandwidth (M S Miller et al.)
- A Market Approach to Operating System Memory Allocation (K Hartyn & D Cherito)
- Economic Models for Allocating Resources in Computer Systems (D F Ferguson et al.)
- Metaphor or Reality: A Case Study Where Agents Bid with Actual Costs to Schedule a Factory (A D Baker)
- Machining Task Allocation in Discrete Manufacturing Systems (K J Tilley)
- Saving Energy Using Market-Based Control (S H Clearwater et al.)
- The Use of Computer-Assisted Auctions for Allocating Tradeable Pollution Permits (D B Marron & C W Bartels)
Readership: Graduate students, researchers and engineers in control
engineering and computer science.
"This volume is an excellent primer on the theory and use of one class of such mechanisms ... This volume should be required reading for anyone responsible for specifying, designing, implementing, or operating multi-agent systems."
H Van Dyke Parunak
Computing Reviews, 1996 |
| 328pp |
Pub. date: Jan 1996 |
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