This paper modifies a Townsend turnpike model by letting agents stay at a location long enough to trade some consumption loans, but not long enough to support a Pareto optimal allocation. Monetary equilibria exist that are non-optimal in the absence of a scheme to pay interest on currency at a particular rate. Paying interest on currency at the optimal rate delivers a Pareto optimal allocation,...

A robotic network is a system with multiple robots connected by communication network. Certain tasks that cannot be accomplished available resources are candidates for the use of cloud robotics, which overcomes limitations robot adding to network, either local or remote servers infrastructure, aid in computational demanding storage. Previous studies have mainly focused on minimizing cost retrie...