English | 2016 | ISBN: 1611974275 | 320 pages | True PDF | 3.4 MB
Engineering systems are highly distributed collective systems – decisions, information, and objectives are distributed throughout – that have humans in the loop, and thus decisions may be influenced by socioeconomic factors. Engineering systems emphasize the potential of control and games beyond traditional applications. Game theory can be used to design incentives to obtain socially desirable behaviors on the part of the players, for example, a change in the consumption patterns on the part of the “prosumers”(producers-consumers) or better redistribution of traffic.
This unique book addresses the foundations of game theory, with an emphasis on the physical intuition behind the concepts, an analysis of design techniques, and a discussion of new trends in the study of cooperation and competition in large complex distributed systems.
Audience: This book is intended for undergraduate and graduate students and researchers in industrial, aeronautical, manufacturing, civil, mechanical, chemical, and electrical engineering. It is also designed for social scientists interested in quantitative methods for sociotechnical systems, biologists working on adaptation mechanisms and evolutionary dynamics, and physicists working on collective systems and synchronization phenomena.