Distributed optimal resource allocation of second‐order multiagent systems

Abstract

Summary In this paper, the resource allocation problems of multiagent systems are investigated. Different from the well‐studied resource allocation problems, the dynamics of agents are taken into account in our problem, which results that the problem could not be solved by most of existing resource allocation algorithms. Here, the agents are in the form of second‐order dynamics, which causes the difficulties in designing and analyzing distributed resource allocation algorithms. Based on gradient descent and state feedback, two distributed resource allocation algorithms are proposed to achieve the optimal allocation, and their convergence are analyzed by constructing suitable Lyapunov functions. One of the two algorithms can ensure that the decisions of all agents asymptotically converge to the exact optimal solution, and the other algorithm achieves the exponential convergence. Finally, numerical examples about the economic dispatch problems of power grids are given to verify the effectiveness of the obtained results.