Abstract | ||
---|---|---|
In this paper, we propose distributed feedback control that steers a dynamical network to a prescribed equilibrium corresponding to the so-called Cournot–Nash equilibrium. The network dynamics considered here are a class of passive nonlinear second-order systems, where production and demands act as external inputs to the systems. While productions are assumed to be controllable at each node, the demand is determined as a function of local prices according to the utility of the consumers. Using reduced information on the demand, the proposed controller guarantees the convergence of the closed-loop system to the optimal equilibrium point dictated by the Cournot–Nash competition. |
Year | DOI | Venue |
---|---|---|
2019 | 10.1109/TCNS.2019.2897907 | IEEE Transactions on Control of Network Systems |
Keywords | DocType | Volume |
Heuristic algorithms,Games,Production,Economics,Linear programming,Real-time systems,Control systems | Journal | 6 |
Issue | ISSN | Citations |
4 | IEEE Transactions on Control of Network Systems, 6(4), 1486-1497,
2019 | 0 |
PageRank | References | Authors |
0.34 | 9 | 2 |
Name | Order | Citations | PageRank |
---|---|---|---|
de persis | 1 | 1087 | 79.28 |
Nima Monshizadeh | 2 | 162 | 16.85 |