Handling Resource Oscillations Through Selective Misinformation

When resource consumers select among competing providers based on delayed information, inefficient oscillations in resource utilization can emerge. This paper describes an approach, based on selective stochastic resource request rejection, for dealing with this emergent dysfunction.

Bibliographic Details
Main Authors: Klein, Mark, Metzler, Richard, Bar-Yam, Yaneer
Format: Working Paper
Language:en_US
Published: Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology 2011
Online Access:http://hdl.handle.net/1721.1/65426
_version_ 1826192001086783488
author Klein, Mark
Metzler, Richard
Bar-Yam, Yaneer
author_facet Klein, Mark
Metzler, Richard
Bar-Yam, Yaneer
author_sort Klein, Mark
collection MIT
description When resource consumers select among competing providers based on delayed information, inefficient oscillations in resource utilization can emerge. This paper describes an approach, based on selective stochastic resource request rejection, for dealing with this emergent dysfunction.
first_indexed 2024-09-23T09:04:40Z
format Working Paper
id mit-1721.1/65426
institution Massachusetts Institute of Technology
language en_US
last_indexed 2024-09-23T09:04:40Z
publishDate 2011
publisher Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology
record_format dspace
spelling mit-1721.1/654262019-04-10T20:36:28Z Handling Resource Oscillations Through Selective Misinformation Klein, Mark Metzler, Richard Bar-Yam, Yaneer When resource consumers select among competing providers based on delayed information, inefficient oscillations in resource utilization can emerge. This paper describes an approach, based on selective stochastic resource request rejection, for dealing with this emergent dysfunction. This work was supported by the NSF Computational and Social Systems program as well as the DARPA Control of Agent-Based Systems program. 2011-08-29T15:07:09Z 2011-08-29T15:07:09Z 2008-06-02 Working Paper http://hdl.handle.net/1721.1/65426 en_US MIT Sloan School of Management Working Paper;4705-08 application/pdf Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology
spellingShingle Klein, Mark
Metzler, Richard
Bar-Yam, Yaneer
Handling Resource Oscillations Through Selective Misinformation
title Handling Resource Oscillations Through Selective Misinformation
title_full Handling Resource Oscillations Through Selective Misinformation
title_fullStr Handling Resource Oscillations Through Selective Misinformation
title_full_unstemmed Handling Resource Oscillations Through Selective Misinformation
title_short Handling Resource Oscillations Through Selective Misinformation
title_sort handling resource oscillations through selective misinformation
url http://hdl.handle.net/1721.1/65426
work_keys_str_mv AT kleinmark handlingresourceoscillationsthroughselectivemisinformation
AT metzlerrichard handlingresourceoscillationsthroughselectivemisinformation
AT baryamyaneer handlingresourceoscillationsthroughselectivemisinformation