For a change in prices, the common-scaling social cost-of-living index is the equal scaling of each individual’s expenditure level needed to restore the level of social welfare ...
There has been much discussion about why agent-based simulation is not as widely used as discrete-event simulation in Operational Research as it is in neighbouring disciplines suc...
Peer-Olaf Siebers, Charles M. Macal, Jeremy Garnet...
Over the past half decade, we have been exploring the use of logic in the specification and analysis of computational economic mechanisms. We believe that this approach has the p...
In this paper, we apply the auction-based theories in economics to camera networks. We develop a set of auction protocols to do camera active control (pan/tilt/zoom) intelligently...