Coordination of complex systems activity by means of prices has been known to practice for a long time. Later on, lagrangian multipliers (identifiable with prices) have been used in coordination of decomposed mathematical programming problems. Almost in parellel, prices have appeared as one of the possible coordination instruments for on-line control structures, using feedback from the reality. The paper presents a survey or cross-section of all those applications of price instruments: the "tatónnement" procedures and open loop control for static and dynamie systems; price coordination with feedback to the coordinator; price coordination with feedback to the lower-level decision maker (partly or fully decentralised control); dynamie coordination by price method.
Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.
Oct 15, 2021
Jul 19, 2021