Modeling and Control for Dynamic Market Price in the Demand and Supply Model

Takaharu Miura; Syuhei Nakagawa; Hiromitsu Ohmori; Akira Sano

Modeling and Control for Dynamic Market Price in the Demand and Supply Model

Takaharu Miura, Syuhei Nakagawa, Hiromitsu Ohmori, Akira Sano

Department of System Design Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Abstract

Recent years, research of the modeling and control of the economic system using the multi-agent is done briskly. It is difficult for us to model and control economic system so-called the large-scale complex system because of variety of the system. When we discribe generating of the market price from demand-supply relation for each buyer and seller in a certain market, we regard controling the system as "resource allocation problem" in this paper. Then the solution is found. The solution is use of market-based control. In this paper, we build the model which catches the essence of phenomenon, and propose general method using market-based control.

Original language	English
Title of host publication	Proceedings of the 6th Joint Conference on Information Sciences, JCIS 2002
Editors	J.H. Caulfield, S.H. Chen, H.D. Cheng, R. Duro, J.H. Caufield, S.H. Chen, H.D. Cheng, R. Duro, V. Honavar
Pages	1139-1142
Number of pages	4
Publication status	Published - 2002 Dec 1
Event	Proceedings of the 6th Joint Conference on Information Sciences, JCIS 2002 - Research Triange Park, NC, United States Duration: 2002 Mar 8 → 2002 Mar 13

Publication series

Name	Proceedings of the Joint Conference on Information Sciences
Volume	6

Other

Other	Proceedings of the 6th Joint Conference on Information Sciences, JCIS 2002
Country/Territory	United States
City	Research Triange Park, NC
Period	02/3/8 → 02/3/13

Keywords

Complex system
Dynamic market price
Market-based control
Multi-agent
Resource allocation problem

ASJC Scopus subject areas

General Computer Science

Cite this

Miura, T., Nakagawa, S., Ohmori, H., & Sano, A. (2002). Modeling and Control for Dynamic Market Price in the Demand and Supply Model. In J. H. Caulfield, S. H. Chen, H. D. Cheng, R. Duro, J. H. Caufield, S. H. Chen, H. D. Cheng, R. Duro, & V. Honavar (Eds.), Proceedings of the 6th Joint Conference on Information Sciences, JCIS 2002 (pp. 1139-1142). (Proceedings of the Joint Conference on Information Sciences; Vol. 6).

Modeling and Control for Dynamic Market Price in the Demand and Supply Model. / Miura, Takaharu; Nakagawa, Syuhei; Ohmori, Hiromitsu et al.
Proceedings of the 6th Joint Conference on Information Sciences, JCIS 2002. ed. / J.H. Caulfield; S.H. Chen; H.D. Cheng; R. Duro; J.H. Caufield; S.H. Chen; H.D. Cheng; R. Duro; V. Honavar. 2002. p. 1139-1142 (Proceedings of the Joint Conference on Information Sciences; Vol. 6).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Miura, T, Nakagawa, S, Ohmori, H & Sano, A 2002, Modeling and Control for Dynamic Market Price in the Demand and Supply Model. in JH Caulfield, SH Chen, HD Cheng, R Duro, JH Caufield, SH Chen, HD Cheng, R Duro & V Honavar (eds), Proceedings of the 6th Joint Conference on Information Sciences, JCIS 2002. Proceedings of the Joint Conference on Information Sciences, vol. 6, pp. 1139-1142, Proceedings of the 6th Joint Conference on Information Sciences, JCIS 2002, Research Triange Park, NC, United States, 02/3/8.

Miura T, Nakagawa S, Ohmori H, Sano A. Modeling and Control for Dynamic Market Price in the Demand and Supply Model. In Caulfield JH, Chen SH, Cheng HD, Duro R, Caufield JH, Chen SH, Cheng HD, Duro R, Honavar V, editors, Proceedings of the 6th Joint Conference on Information Sciences, JCIS 2002. 2002. p. 1139-1142. (Proceedings of the Joint Conference on Information Sciences).

Miura, Takaharu ; Nakagawa, Syuhei ; Ohmori, Hiromitsu et al. / Modeling and Control for Dynamic Market Price in the Demand and Supply Model. Proceedings of the 6th Joint Conference on Information Sciences, JCIS 2002. editor / J.H. Caulfield ; S.H. Chen ; H.D. Cheng ; R. Duro ; J.H. Caufield ; S.H. Chen ; H.D. Cheng ; R. Duro ; V. Honavar. 2002. pp. 1139-1142 (Proceedings of the Joint Conference on Information Sciences).

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Modeling and Control for Dynamic Market Price in the Demand and Supply Model

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