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    MARKET-BASED CONTROL
    A Paradigm for Distributed Resource Allocation

    edited by S H Clearwater (Xerox PARC, USA)

    Table of Contents (50k)
    Preface (319k)
    Chapter 1: A Computational Market Model Based on Individual Action (1,306k)

    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.”
    Computing Reviews
     
    328pp    Pub. date: Jan 1996  
    ISBN:   978-981-02-2254-3
    981-02-2254-8
       US$95 / £63

     


    328pp    Pub. date: Jan 1996  
    ISBN:   978-981-4261-37-1(ebook)
    981-4261-37-8(ebook)
       US$124

     


     

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    Updated on 13 February 2012