Market-based Control: A Paradigm For Distributed Resource AllocationMarket-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. ISBN: 9789810222543, 9810222548
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