@inproceedings{4eb2b788703a4a26a3778fef1172d525,
title = "Optimal distribution of heterogeneous agents under delays",
abstract = "An analytical framework for the study of a generic distribution problem is introduced in which a group of agents with different capabilities intend to maximize total utility by dividing themselves into various subgroups without any form of global information-sharing or centralized decision-making. The marginal utility of belonging to a particular subgroup rests on the well-known concept in economic theory of the law of diminishing returns. For a class of discrete event systems, we identify a set of conditions that define local information and cooperation requirements, and prove that if the proposed conditions are satisfied a stable agent distribution representing a Pareto optimum is achieved even under random but bounded decision and transition delays.",
author = "Nogales, \{Juan M.\} and Jorge Finke",
year = "2013",
doi = "10.1109/acc.2013.6580326",
language = "English",
isbn = "9781479901777",
series = "Proceedings of the American Control Conference",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "3212--3217",
booktitle = "2013 American Control Conference, ACC 2013",
address = "United States",
note = "2013 1st American Control Conference, ACC 2013 ; Conference date: 17-06-2013 Through 19-06-2013",
}