@inproceedings{052d65043cfc4f0c88ab8fc01317d310,
title = "Transactive Multi-Agent Systems over Flow Networks",
abstract = "This paper presents insights into the implemen-tation of trans active multi-agent systems over decentralized flow networks. Agents have local resource demand and supply and are interconnected through a flow network to support resource sharing while respecting capacity constraints. We establish a competitive market with a pricing mechanism that internalizes flow capacity constraints into agents' decisions. We demonstrate the existence and equivalence of competitive equilibrium and social welfare equilibrium under convexity assumptions. We introduce a social acceptance sharing problem and propose a method to solve it by prescribing socially admissible utility functions. We provide a pedagogical example for linear-quadratic multi-agent systems. Extensive experiments validate our results.",
author = "Yijun Chen and Zeinab Salehi and Petersen, \{Ian R.\} and Ratnam, \{Elizabeth L.\} and Guodong Shi",
note = "Publisher Copyright: {\textcopyright} 2023 IEEE.; 62nd IEEE Conference on Decision and Control, CDC 2023 ; Conference date: 13-12-2023 Through 15-12-2023",
year = "2023",
doi = "10.1109/CDC49753.2023.10384277",
language = "English",
series = "Proceedings of the IEEE Conference on Decision and Control",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "5475--5480",
booktitle = "2023 62nd IEEE Conference on Decision and Control, CDC 2023",
address = "United States",
}