Presentation 2003/1/22
A validation on Pareto optimality of Walrasian virtual market
Toshiya KAIHARA, Susumu FUJII, Noriyasu YOSHIMURA,
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Abstract(in English) Walrasian market is one of the most common dealing models in virtual market. In neo-classical economies, it is well known that the allocation in equilibrium state of Walrasian market is Pareto optimal. In this paper, we develop some Walrasian virtual markets based on multi-agent paradigm, and we validate on Pareto optimality of the allocation in the markets by comparing with some analytical methods.
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Keyword(in English) virtual market / Walrasian market / multi-agent / Pareto optimality
Paper # AI2002-25
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Committee AI
Conference Date 2003/1/22(1days)
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Registration To Artificial Intelligence and Knowledge-Based Processing (AI)
Language JPN
Title (in Japanese) (See Japanese page)
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Title (in English) A validation on Pareto optimality of Walrasian virtual market
Sub Title (in English)
Keyword(1) virtual market
Keyword(2) Walrasian market
Keyword(3) multi-agent
Keyword(4) Pareto optimality
1st Author's Name Toshiya KAIHARA
1st Author's Affiliation Department of Computer and Systems Engineering,Graduate School of Science and Technology,Kobe University()
2nd Author's Name Susumu FUJII
2nd Author's Affiliation Faculty of Engineering,Kobe University
3rd Author's Name Noriyasu YOSHIMURA
3rd Author's Affiliation Department of Computer and Systems Engineering,Graduate School of Science and Technology,Kobe University
Date 2003/1/22
Paper # AI2002-25
Volume (vol) vol.102
Number (no) 613
Page pp.pp.-
#Pages 6
Date of Issue