Title :
Pricing machanisms in the control of linear dynamic systems
Author_Institution :
AT&T Bell Laboratories, Holmdel, NJ
Abstract :
A necessary and sufficient condition is given for the existence of prices that induce coordination in coupled linear dynamic systems. The condition is shown to be equivalent to the servomechanism controllability of an adjoint system.
Keywords :
Control systems; Controllability; Cost function; Integrated circuit modeling; Interconnected systems; Optimal control; Power system economics; Pricing; Servomechanisms; Telecommunication computing;
Conference_Titel :
Decision and Control, 1984. The 23rd IEEE Conference on
Conference_Location :
Las Vegas, Nevada, USA
DOI :
10.1109/CDC.1984.272081
