Paper Info
Title
Optimizing Decentralized Grid Markets through Group Selection
Abstract
Automatic coordination mechanisms for the Grid are required due to the increasing complexity exhibited in large scale distributed systems. Decentralized economic models are being considered as scalable coordination mechanisms for the management of service allocations to clients. However, decentralization incorporates further dynamicity and unpredictability into the system. Introducing higher levels of adaptation and learning in the coordination protocols helps cope with complexity. We provide a solution based on a self-organized, emergent mechanism evolving Grid Market participants through a group selection process. Dynamic congregations organize agents into optimized market segments, maximizing utility and thereby improving system-wide performance. We provide a system model and evaluation by simulation of the group selection mechanism. We further provide a prototype showing practical feasibility of the approach.
Year
DOI
Venue
2008
10.1109/CISIS.2008.92
Barcelona
Keywords
DocType
Volume
coordination protocol,decentralized economic model,system model,increasing complexity,group selection mechanism,decentralised grid market,automatic coordination mechanism,scalable coordination mechanism,evolves grid market participant,group selection,optimizing decentralized grid markets,emergent mechanism,optimised market segment,grid market participant,group selection process
Conference
4
Issue
ISBN
Citations 
4
978-0-7695-3109-0
2
PageRank 
References 
Authors
0.37
6
5
Name
Order
Citations
PageRank
Isaac Chao129720.74
Oscar Ardaiz211516.71
Ramon Sangüesa323122.46
Liviu Joita4414.42
Omer F. Rana52181229.52