Title | ||
---|---|---|
An Experimental Auction to Allocated Congested IT Resources: The Case of the University of Pennsylvania Modem Pool |
Abstract | ||
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We examine a market-based proposed solution to the modem-pool access challenges faced at the University of Pennsylvania. Experimental data demonstrate that an Nth-price auction used to allocate scarce IT resources (such as congested modem pool access lines) produces a Pareto improvement in practice as well as in theory. We suggest first steps towards implementing this system, which provides users of congestible resources with a method of setting their own priority to be served. |
Year | DOI | Venue |
---|---|---|
1998 | 10.1109/HICSS.1998.655056 | HICSS (6) |
Keywords | Field | DocType |
modem-pool access,experimental auction,congestible resource,scarce it resource,own priority,nth-price auction,market-based proposed solution,pareto improvement,congested modem pool access,pennsylvania modem pool,experimental data,allocated congested it resources,resource allocation,computer networks,resource management,spine,information technology,telephony,time measurement,information management,computer aided software engineering | Telecommunications,Computer science,Knowledge management,Operations research,Resource allocation,Pareto principle | Conference |
ISSN | ISBN | Citations |
1060-3425 | 0-8186-8248-5 | 0 |
PageRank | References | Authors |
0.34 | 0 | 3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Frank J. Klausz | 1 | 0 | 0.34 |
David C. Croson | 2 | 117 | 12.36 |
Rachel T. A. Croson | 3 | 0 | 0.34 |