Abstract
Market Oriented Programming (MOP) proposed by Wellman is a decentralized control method using auction machanism inspired by the market economy. It is applied to many problems such as network and computation resource allocation. Conventional MOP models are formulated based on the concept of ‘competitive market’ of economics which assumes that the market consists of sufficiently many and small agents. However, in realistic applications of MOP, number of agents is limited and their interdependency is not negligible. In this paper, MOP for interdependent agents is discussed. An oligopoly market model for MOP is introduced, and adaptation process of interdependent agents and its stability are discussed. Further, it is also demonstrated that selfish learning of adaptation coefficiency by each agent achieves stability of market through computer simulation.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: IEEJ Transactions on Electronics, Information and Systems
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
