Abstract
In this paper, we propose a distributed method to coordinate large-scale elastic load units with auction mechanisms which have been widely applied in resource allocation problems. Distinct from the progressive second price (PSP) auction mechanism, under the market clearing price (MCP) auction mechanism, the incentive compatibility does not hold in general but holds with respect to the efficient bid profiles of other agents.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 32nd Chinese Control Conference, CCC 2013 |
| Publisher | IEEE Computer Society |
| Pages | 2609-2615 |
| Number of pages | 7 |
| ISBN (Print) | 9789881563835 |
| Publication status | Published - 18 Oct 2013 |
| Event | 32nd Chinese Control Conference, CCC 2013 - Xi'an, China Duration: 26 Jul 2013 → 28 Jul 2013 |
Publication series
| Name | Chinese Control Conference, CCC |
|---|---|
| ISSN (Print) | 1934-1768 |
| ISSN (Electronic) | 2161-2927 |
Conference
| Conference | 32nd Chinese Control Conference, CCC 2013 |
|---|---|
| Country/Territory | China |
| City | Xi'an |
| Period | 26/07/13 → 28/07/13 |
Keywords
- Distributed control
- Elastic loads
- Nash equilibrium
- Progressive second price mechanism
- Uniform market clearing price mechanism
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Zou, S., Ma, Z., & Liu, X. (2013). Efficient coordinations of large-scale elastic loads with MCP and PSP auction mechanisms. In Proceedings of the 32nd Chinese Control Conference, CCC 2013 (pp. 2609-2615). Article 6639866 (Chinese Control Conference, CCC). IEEE Computer Society.