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Multiagent Systems

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of. Dr. Jürgen Dix · Department of Informatics, TUC <strong>Multiagent</strong> <strong>Systems</strong>, WS 06/07 326/731<br />

4. Decision Making (2) 4. Market Mechanisms<br />

A theory for efficiently allocating goods and<br />

resources among agents, based on market<br />

prices.<br />

Goods: Given n > 0 goods g (coffee, mirror sites,<br />

parameters of an airplane design). We assume<br />

g ≠ g ′ but within g everything is<br />

indistinguishable.<br />

Prices: The market has prices p = [p 1 , p 2 , ..., p n ] ∈ R n :<br />

p i is the price of the good i.

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