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    Generic Framework of Dynamic Resource Allocation

    Series series Intelligent Technologies and Robotics (R0)
    This book presents social welfare functions as a unified multidisciplinary framework for various resource allocation problems. By measuring the impact of local decisions on broader society, social welfare functions enable “socialized” decisions and thereby produce an emergent property that “global” balance and welfare emerge from “local” welfare-maximizing behaviors. Social welfare functions are ... Read more

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