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I think this Document could help you: http://docs.oracle.com/cd/E11035_01/wls100/config_wls/overload.html
Avoiding and Managing Overload
WebLogic Server has features for detecting, avoiding, and recovering from overload conditions. WebLogic Server’s overload protection features help prevent the negative consequences—degraded application performance and stability—that can result from continuing to accept requests when the system capacity is reached.
Limiting Requests in the Thread Pool
Limiting HTTP Sessions