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Decentralized Resources Allocation Mechanisms in Networks

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Release : 2004
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Kind : eBook
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Book Synopsis Decentralized Resources Allocation Mechanisms in Networks by : Tudor Mihai Stoenescu

Download or read book Decentralized Resources Allocation Mechanisms in Networks written by Tudor Mihai Stoenescu. This book was released on 2004. Available in PDF, EPUB and Kindle. Book excerpt:

Resource Allocation in Decentralized Systems with Strategic Agents

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Release : 2013-01-24
Genre : Technology & Engineering
Kind : eBook
Book Rating : 19X/5 ( reviews)

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Book Synopsis Resource Allocation in Decentralized Systems with Strategic Agents by : Ali Kakhbod

Download or read book Resource Allocation in Decentralized Systems with Strategic Agents written by Ali Kakhbod. This book was released on 2013-01-24. Available in PDF, EPUB and Kindle. Book excerpt: This thesis presents a significant contribution to decentralized resource allocation problems with strategic agents. The study focused on three classes of problems arising in communication networks. (C1). Unicast service provisioning in wired networks. (C2). Multi-rate multicast service provisioning in wired networks. (C3). Power allocation and spectrum sharing in multi-user multi-channel wireless communication systems. Problems in (C1) are market problems; problems in (C2) are a combination of markets and public goods; problems in (C3) are public goods. Dr. Kakhbod developed game forms/mechanisms for unicast and multi-rate multicast service provisioning that possess specific properties. First, the allocations corresponding to all Nash equilibria (NE) of the games induced by the mechanisms are optimal solutions of the corresponding centralized allocation problems, where the objective is the maximization of the sum of the agents' utilities. Second, the strategic agents voluntarily participate in the allocation process. Third, the budget is balanced at the allocations corresponding to all NE of the game induced by the mechanism as well as at all other feasible allocations. For the power allocation and spectrum sharing problem, he developed a game form that possesses the second and third properties as detailed above along with a fourth property: the allocations corresponding to all NE of the game induced by the mechanism are Pareto optimal. The thesis contributes to the state of the art of mechanism design theory. In particular, designing efficient mechanisms for the class of problems that are a combination of markets and public goods, for the first time, have been addressed in this thesis. The exposition, although highly rigorous and technical, is elegant and insightful which makes this thesis work easily accessible to those just entering this field and will also be much appreciated by experts in the field.

Decentralized Resource Allocation for Interdependent Infrastructure Networks Restoration

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Release : 2020
Genre : Game theory
Kind : eBook
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Book Synopsis Decentralized Resource Allocation for Interdependent Infrastructure Networks Restoration by : Katherine Barnett

Download or read book Decentralized Resource Allocation for Interdependent Infrastructure Networks Restoration written by Katherine Barnett. This book was released on 2020. Available in PDF, EPUB and Kindle. Book excerpt:

Market-based Control: A Paradigm For Distributed Resource Allocation

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Release : 1996-01-11
Genre : Science
Kind : eBook
Book Rating : 453/5 ( reviews)

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Book Synopsis Market-based Control: A Paradigm For Distributed Resource Allocation by : Scott H Clearwater

Download or read book Market-based Control: A Paradigm For Distributed Resource Allocation written by Scott H Clearwater. This book was released on 1996-01-11. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Allocation in Networks

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Release : 2018-11-06
Genre : Business & Economics
Kind : eBook
Book Rating : 641/5 ( reviews)

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Book Synopsis Allocation in Networks by : Jens Leth Hougaard

Download or read book Allocation in Networks written by Jens Leth Hougaard. This book was released on 2018-11-06. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive overview of networks and economic design, presenting models and results drawn from economics, operations research, and computer science; with examples and exercises. This book explores networks and economic design, focusing on the role played by allocation rules (revenue and cost-sharing schemes) in creating and sustaining efficient network solutions. It takes a normative approach, seeking economically efficient network solutions sustained by distributional fairness, and considers how different ways of allocating liability affect incentives for network usage and development. The text presents an up-to-date overview of models and results currently scattered over several strands of literature, drawing on economics, operations research, and computer science. The book's analysis of allocation problems includes such classic models from combinatorial optimization as the minimum cost spanning tree and the traveling salesman problem. It examines the planner's ability to design mechanisms that will implement efficient network structures, both in large decentralized networks and when there is user-agent information asymmetry. Offering systematic theoretical analyses of various compelling allocation rules in cases of fixed network structures as well as discussions of network design problems, the book covers such topics as tree-structured distribution systems, routing games, organizational hierarchies, the “price of anarchy,” mechanism design, and efficient implementation. Appropriate as a reference for practitioners in network regulation and the network industry or as a text for graduate students, the book offers numerous illustrative examples and end-of-chapter exercises that highlight the concepts and methods presented.

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