Market-based Approaches to Optimization
2007 (English)In: Computational intelligence, ISSN 0824-7935, E-ISSN 1467-8640, Vol. 23, no 1, 92-109 p.Article in journal (Refereed) Published
We present a general discussion of what constitutes a market-oriented approach to optimization. We demonstrate how a general framework can be used to conceptually improve two well-known approaches from the literature, and discuss computational properties of the different approaches. We also show how existing theory could be adjusted to be directly applicable to the theory of the two approaches, thus proving special theory unnecessary. We want to bring out the pedagogical aspects of market mechanisms, to take full advantage of its potential.
Place, publisher, year, edition, pages
2007. Vol. 23, no 1, 92-109 p.
market-oriented programming, market mechanism, agent strategies, market-based optimization, resource allocation problems
IdentifiersURN: urn:nbn:se:uu:diva-25684DOI: 10.1111/j.1467-8640.2007.00296.xISI: 000245923700007OAI: oai:DiVA.org:uu-25684DiVA: diva2:53458
Market based optimization, optimization, market based programming2007-04-182007-04-182011-04-11Bibliographically approved