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)|
|Number of pages||11|
|Journal||Proceedings of the Hawaii International Conference on System Sciences|
|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