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| Per Carlsson, Fredrik Ygge, Arne Andersson, "Extending Equilibrium Markets," IEEE Intelligent Systems, vol. 16, no. 4, pp. 18-26, July/August, 2001. | |||
| BibTex | x | ||
| @article{ 10.1109/5254.941354, author = {Per Carlsson and Fredrik Ygge and Arne Andersson}, title = {Extending Equilibrium Markets}, journal ={IEEE Intelligent Systems}, volume = {16}, number = {4}, issn = {1541-1672}, year = {2001}, pages = {18-26}, doi = {http://doi.ieeecomputersociety.org/10.1109/5254.941354}, publisher = {IEEE Computer Society}, address = {Los Alamitos, CA, USA}, } | |||
| RefWorks Procite/RefMan/Endnote | x | ||
| TY - MGZN JO - IEEE Intelligent Systems TI - Extending Equilibrium Markets IS - 4 SN - 1541-1672 SP18 EP26 EPD - 18-26 A1 - Per Carlsson, A1 - Fredrik Ygge, A1 - Arne Andersson, PY - 2001 VL - 16 JA - IEEE Intelligent Systems ER - | |||
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/5254.941354
This article focuses on two major aspects of equilibrium market design: management of discontinuous demand/supply curves, and computational design of markets of huge size with relatively short time frames. The authors introduce a mechanism, ConFAst, for highly dynamic equilibrium markets that allows for huge numbers of active participants in the market, even if they have discontinuous demand/supply curves. The computational efficiency of the approach enables usage also in markets with short time frames. The authors argue that markets based on ConFAst are attractive in many application domains, and that it can improve the efficiency of for example energy systems significantly.
Citation:
Per Carlsson, Fredrik Ygge, Arne Andersson, "Extending Equilibrium Markets," IEEE Intelligent Systems, vol. 16, no. 4, pp. 18-26, July-Aug. 2001, doi:10.1109/5254.941354
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