Experimental auction to allocate congested IT resources: The case of the University of Pennsylvania modem pool

Frank J. Klausz, David C. Croson, Rachel T.A. Croson

Research output: Contribution to journalConference articlepeer-review

2 Scopus citations

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 languageEnglish (US)
Pages (from-to)363-373
Number of pages11
JournalProceedings of the Hawaii International Conference on System Sciences
Volume6
StatePublished - Jan 1 1998
Externally publishedYes
EventProceedings of the 1998 31st Annual Hawaii International Conference on System Sciences. Part 1 (of 7) - Big Island, HI, USA
Duration: Jan 6 1998Jan 9 1998

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