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The Potluck Problem

Prabodh Kumar Enumula and Shrisha Rao

Economics Letters, 2010, vol. 107, issue 1, 10-12

Abstract: This paper proposes the Potluck Problem as a model for the behavior of independent producers and consumers under standard economic assumptions, as a problem of resource allocation in a multi-agent system in which there is no explicit communication among the agents.

Keywords: Weighted; majority; algorithm; Santa; Fe; Bar; Problem; Demand-supply; parity; Rational; learning; Predictors (search for similar items in EconPapers)
Date: 2010
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