Equilibratory Approach to Distributed Resource Allocation: Toward Coordinated Balancing

This paper presents a microeconomics-based equilibratory approach to a distributed resource allocation problem in a multi-agent system. In a multi-agent system, each agent has its own strategy to achieve its own objective. When a global objective function is given, a framework for reaching an overall desired state needs to be established. We call this type of framework Coordinated Balancing.