Project Management

Generalized Efficiency Bounds in Distributed Resource Allocation

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Executive Summary

Game theory is emerging as a popular tool for distributed control of multiagent systems. In order to take advantage of these game theoretic tools the interactions of the autonomous agents must be designed within a game theoretic environment. A central component of this game theoretic design is the assignment of a local objective function to each decision maker. One promising approach to utility design is assigning each agent an objective function in accordance with the agent's Shapley value.

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