Parallel demand side auction mechanism for dynamic and efficient resource allocation

DOI10.1049/IET-CTA.2018.6392MaRDI QIDQ7025401zbMATH OpenFDO

Authors Suli Zou, Zhongjing Ma, Peng Wang

Publication date 19 February 2025

Published in IET Control Theory \& Applications (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1049/IET-CTA.2018.6392

zbMATH Keywords

auction mechanismdecision makingdemand side resourceeffective allocation mechanismsefficient Nash equilibriumefficient resource allocationelectronic commercegame theoryinfinitesimally divisible demandinformation sharingnumerical simulationparallel algorithmparallel algorithmsparallel demandparallel updating algorithmpricingprogressive second price mechanismresource allocationresources gameself-interestVickrey-Clarke-Groves type payment

Mathematics Subject Classification ID

Mechanism design theory (91B03) Auctions, bargaining, bidding and selling, and other market models (91B26) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

Cites work

• An Efficient Game for Coordinating Electric Vehicle Charging
• An efficient game for vehicle-to-grid coordination problems in smart grids
• An Efficient Game Form for Unicast Service Provisioning
• Analysis of Decentralized Quantized Auctions on Cooperative Networks
• Analysis of Quantized Double Auctions with Application to Competitive Electricity Markets
• scientific article; zbMATH DE number 2107836 (Why is no real title available?)
• scientific article; zbMATH DE number 6936827 (Why is no real title available?)
• On the rapid convergence of a class of decentralized decision processes: quantized progressive second-price auctions

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