• DocumentCode
    2602762
  • Title

    Nash implementation for resource allocation network problems with production

  • Author

    Stoenescu, Tudor M. ; Ledyard, John O.

  • Author_Institution
    Inf. Sci. & Technol., California Inst. of Technol., Pasadena, CA
  • fYear
    2008
  • fDate
    Jan. 27 2008-Feb. 1 2008
  • Firstpage
    385
  • Lastpage
    399
  • Abstract
    We provide a mechanism that solves the engineering and economic rate allocation problems in the presence of production when agents behave in a way that produces a Nash Equilibrium. The mechanism works for a range of utility functions, wider than just quasi-linear functions. The mechanism produces a Pareto-optimal allocation at Nash equilibrium. The mechanism is balanced in equilibrium and satisfies voluntary participation.
  • Keywords
    Pareto optimisation; game theory; industrial economics; production; resource allocation; utility theory; Nash equilibrium; Nash implementation; Pareto-optimal allocation; economic rate allocation problems; production; quasi-linear functions; resource allocation network problems; utility functions; Cost function; Information science; Nash equilibrium; Production; Proposals; Resource management; Standards;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Theory and Applications Workshop, 2008
  • Conference_Location
    San Diego, CA
  • Print_ISBN
    978-1-4244-2670-6
  • Type

    conf

  • DOI
    10.1109/ITA.2008.4601079
  • Filename
    4601079