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
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