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Project Overview

Investigation of decentralized - Friedrich A. von Hayek's Catallaxy - versus central market mechanisms in grid markets using multi-agent-based simulation, agent-based computational economics, market engineering and prototype construction.

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Supporting Institution

European Union (precisely: FP6 EU IST FET Open as STREP)

Period

2003-2008

Central Publications

Schnizler, B., Neumann, D., Veit, D., and Weinhardt, C. 2008. “Trading Grid Services - A Multi-Attribute Combinatorial Approach,” European Journal of Operational Research (187:3), pp. 943–961. [Download]