• DocumentCode
    3444563
  • Title

    Local requirements for optimal distribution of heterogeneous agents

  • Author

    Nogales, Juan M. ; Finke, Jorge

  • fYear
    2011
  • fDate
    12-15 Dec. 2011
  • Firstpage
    3596
  • Lastpage
    3601
  • Abstract
    This paper introduces an analytical framework for the study of a generic distribution problem where a group of heterogeneous agents intend to divide themselves into various subgroups without any form of global information-sharing or centralized decision-making. Subgroups are associated to mathematical functions that capture the marginal utilities of performing tasks, each satisfying the law of diminishing returns. We prove that under generic local requirements a stable agent distribution representing a Nash equilibrium can be achieved, and show via Monte Carlo simulations how the proposed set of rules performs under varying constraints on information flow and degrees of cooperation.
  • Keywords
    Monte Carlo methods; functions; game theory; system theory; Monte Carlo simulations; Nash equilibrium; cooperation degree; diminishing returns law; generic distribution problem; generic local requirements; information flow; marginal utilities; mathematical functions; optimal heterogeneous agent distribution; stable agent distribution; subgroups; Companies; Indexes; Measurement; Monte Carlo methods; Nash equilibrium; Vectors;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Decision and Control and European Control Conference (CDC-ECC), 2011 50th IEEE Conference on
  • Conference_Location
    Orlando, FL
  • ISSN
    0743-1546
  • Print_ISBN
    978-1-61284-800-6
  • Electronic_ISBN
    0743-1546
  • Type

    conf

  • DOI
    10.1109/CDC.2011.6161376
  • Filename
    6161376