The Concept of Competition in Optimal Resource Allocation and Methods for Its Assessment

2021 ◽  
Vol 27 (9) ◽  
pp. 734-740
Author(s):  
O. G. Barkalaya

Aim. The presented study aims to define the concept of competition in optimal resource allocation and to determine indicators of competition in practical tasks directly in the mathematical formulation of the problem.Tasks. The authors determine mathematical indicators that characterize the level of competition in resource allocation optimization tasks and show examples of the adequacy and sensitivity of the selected competition indicators in various economic situations.Methods. The selected competition indicators for these tasks are based on the concept of “rigorous selection” of competitors applying for resources. The indicators are calculated in full accordance with the known optimization methods and optimality conditions for problems of this class, making it possible to interpret the results of optimization as a measure of competition for resources.Results. Two types of competition indicators for linear and non-linear cases of optimal resource allocation problems are defined and formalized. Examples of the dependence of efficiency on different compositions of the competitive environment are shown. Dependencies of the “rigorous selection” of competitors in the context of resource depletion are described.Conclusions. The competition indicators considered in the study can be included in the standard analysis for solving the problems of optimal resource allocation, which involves finding an extremum, searching for an optimal plan, analyzing stability, limits, the effect of restrictions on the target function, dual estimates, a measure of resource scarcity, etc. Adding the competition indicator to this analysis provides another factor for analysis, which can be significant under otherwise equal conditions. The competition indicator can be used both in a multi-step procedure for finding the extremum of a function (for example, as an additional criterion for choosing a free variable) and in the analysis of the results of problem-solving.

2007 ◽  
Vol 12 (1) ◽  
pp. 11-31 ◽  
Author(s):  
GEIR B. ASHEIM

This paper contains a critical assessment of the claim that NNP can be used for welfare comparisons. The analysis assumes that national accounts are comprehensive (in particular ‘greened’ by taking into account environmental amenities and natural resource depletion), but does not assume optimal resource allocation. The general conclusion is that greater NNP corresponds to welfare enhancement only if net investment flows are revalued. Real utility-NNP and real measurable NNP made comparable across time by means of a consumer price index allow for such revaluation, and thus indicate welfare improvement.


2017 ◽  
Vol 2017 ◽  
pp. 1-11 ◽  
Author(s):  
Inam Ullah ◽  
Alexis Dowhuszko ◽  
Zhong Zheng ◽  
David González González ◽  
Jyri Hämäläinen

This paper studies the end-to-end (e2e) data rate of dual-hop Decode-and-Forward (DF) infrastructure relaying under different resource allocation schemes. In this context, we first provide a comparative analysis of the optimal resource allocation scheme with respect to several other approaches in order to provide insights into the system behavior and show the benefits of each alternative. Then, assuming the optimal resource allocation, a closed form expression for the distribution of the mean and outage data rates is derived. It turns out that the corresponding mean e2e data rate formula attains an expression in terms of an integral that does not admit a closed form solution. Therefore, a tight lower bound formula for the mean e2e data rate is presented. Results can be used to select the most convenient resource allocation scheme and perform link dimensioning in the network planning phase, showing the explicit relationships that exist between component link bandwidths, SNR values, and mean data rate.


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