Abstract
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.
Original language | English (US) |
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Pages (from-to) | 363-373 |
Number of pages | 11 |
Journal | Proceedings of the Hawaii International Conference on System Sciences |
Volume | 6 |
State | Published - Jan 1 1998 |
Event | Proceedings of the 1998 31st Annual Hawaii International Conference on System Sciences. Part 1 (of 7) - Big Island, HI, USA Duration: Jan 6 1998 → Jan 9 1998 |