A Market-Based Control Solution for Semiactive Structural Control

A decentralized control algorithm for structural control system design has been developed. This novel approach is termed market-based control. As a potential alternative to the classical Linear Quadratic Regulator (LQR), this method decentralizes the decision process of the control system and allows for independent and autonomous control formulation to occur directly upon the control device. This paper outlines the theoretical formulation of both approaches and presents their performance on a semi-active controlled structural model.