@inbook{f16f5f2126c34abf87b233cdfb1c81b3,
title = "A mechanism design approach to dynamic price-based control of multi-agent systems",
abstract = "We show how ideas and tools from the field of mechanism design in economics can be brought to bear on the problem of price-based control of dynamical systems. Specifically, we take inspiration from the Vickrey-Clarkes-Groves mechanism to design strategy-proof dynamic price-functions, which can induce subsystems to apply socially efficient control inputs even though they are self-interested and possibly strategically misreport their cost and dynamics{\textquoteright} models to the control designer.",
author = "C{\'e}dric Langbort",
note = "Publisher Copyright: {\textcopyright} 2012, Springer London.",
year = "2012",
doi = "10.1007/978-1-4471-2265-4_5",
language = "English (US)",
isbn = "9781447122647",
series = "Lecture Notes in Control and Information Sciences",
publisher = "Springer",
pages = "113--129",
booktitle = "Distributed Decision Making and Control",
address = "Germany",
}