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Book synopsis

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.

Book details

Book category Books in English Technology, engineering, agriculture Mechanical engineering & materials Production engineering

• Full title: Market-based Control
• Subtitle: A Paradigm for Distributed Resource Allocation
• Author: Scott H. Clearwater, James J. Yeh
• Language: English
• Binding: Hardback
• Number of pages: 300
• EAN: 9789810222543
• ID: 05065121
• Publisher: World Scientific Publishing Co Pte Ltd
• Weight: 585 g
• Dimensions: 220 × 162 × 23 mm
• Date of publishing: 28. October 1995

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