Sensor network optimization algorithm

An algorithm for modeling and optimizing control of a complex and dynamic system is provided to facilitate an allocation of the resources on the network that is the most efficient. The algorithm serves to depict the complex network of available resources using market-based negotiation wherein resour...

Full description

Saved in:
Bibliographic Details
Main Authors Schrage, Daniel, Farnham, Christopher
Format Patent
LanguageEnglish
Published 24.07.2018
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC DIGITAL DATA PROCESSING
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
Online AccessGet full text

Cover

More Information
Summary:An algorithm for modeling and optimizing control of a complex and dynamic system is provided to facilitate an allocation of the resources on the network that is the most efficient. The algorithm serves to depict the complex network of available resources using market-based negotiation wherein resources are defined as available buyers and sellers in an efficient market. Selling agents are offering their available resources for sale in accordance with parameters that correspond to the actual limitations of that actual resource and the buyers are looking to make a purchase from one of the sellers that presents a resource with the greatest utility to them. In order to overcome inefficiencies that result from the potential of inefficient allocation, the present invention has further endeavored to introduce an efficiency-arbitrage agent that scans the overall body of transactions to identify and remedy inefficient market transactions.
Bibliography:Application Number: US20090420950