Title :
An auction for scheduling delivery of highly demanded products
Author :
Korrapati, Sameer ; Wurman, Peter R.
Author_Institution :
Dept. of Comput. Sci., North Carolina State Univ., Raleigh, NC, USA
Abstract :
We present a simple auction protocol for the sale of over-demanded goods with a delivery schedule. Under some reasonable assumptions, our mechanism is incentive compatible, collects only partial information about bidder´s valuations, and empirical evidence suggests it converges to the efficient allocation.
Keywords :
commerce; pricing; scheduling; auction protocol; delivery scheduling; Automobiles; Computer interfaces; Computer science; Cost accounting; Educational institutions; Feedback; Manufacturing; Marketing and sales; Processor scheduling; Protocols;
Conference_Titel :
E-Commerce Technology, 2005. CEC 2005. Seventh IEEE International Conference on
Print_ISBN :
0-7695-2277-7
DOI :
10.1109/ICECT.2005.17
