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
fDate :
Jan. 27 2008-Feb. 1 2008
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;
Conference_Titel :
Information Theory and Applications Workshop, 2008
Conference_Location :
San Diego, CA
Print_ISBN :
978-1-4244-2670-6
DOI :
10.1109/ITA.2008.4601079
