Download PDF by Mariusz Kaleta, Tomasz Traczyk: Modeling Multi-commodity Trade: Information Exchange Methods

By Mariusz Kaleta, Tomasz Traczyk

ISBN-10: 3642256481

ISBN-13: 9783642256486

ISBN-10: 364225649X

ISBN-13: 9783642256493

This e-book includes revised models of papers provided on clinical workshop “Modeling Multi-commodity exchange: info trade methods”, which came about in November 2010 atWarsaw collage of know-how. It summarizes result of the examine paintings supported to date through clinical furnish “Methods and architectures of knowledge interchange for digital alternate on infrastructural markets” (see web page xi), and a few past examine paintings on multi-commodity markets modeling. even though partial result of the learn have been released past, the booklet offers the main whole view on result of our learn within the box of modeling the exchange on complicated multi-commodity infrastructural markets.

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Many negotiators, as well as many independent brokers are associated with the distributed market architecture. Negotiators communicate with each other in peer-to-peer manner. Brokers collect information from particular negotiators and try to balance considered offers. g. the market operator), which collect offers sent by other agents involved in the trade. Such agent balance the demand and supply on the market, according to some criteria. The central agent distributes the balance results to all agents involved (see Fig.

Elementary offer contain ElementaryOffer element of type OffercomplexType, which refers to exactly one commodity (ref attribute of offeredCommodity subelement). In this case, a shareFactor attribute may only have +1 or -1 value, and determines whether this is a sell or buy offer. Bundled offer consists of many commodities, specified in subelements of BudledOffer element, and in this case shareFactor attribute determines proportion of the commodities in the bundle. Grouping offer (Fig. 19 on page 45) consists of groups, containing commodity (groupedCommodity element) and grouped offer (groupedOffer).

5 Commodities commodities element (Fig. 16 on page 43) serves as a container for definitions of market entity kinds and data of concrete instances. A commodityKinds element contains definitions of the kinds and their parameters, as usually. Commodities are described with use of Commodity elements (Fig. 15 on page 15). dref attribute of the elements refers to id attribute of an appropriate CommodityKind element. 3), and VirtualCommodity element (if present) denotes virtuality of the commodity. availableAt element’s ref attribute refers to NetworkNode or NetworkArc element.

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Modeling Multi-commodity Trade: Information Exchange Methods by Mariusz Kaleta, Tomasz Traczyk

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