DocumentCode
2059466
Title
A combinatorial auctions perspective on min-sum scheduling problems
Author
Yunpeng Pan
Author_Institution
Dept. of Math. & Stat., South Dakota State Univ., Brookings, SD, USA
fYear
2013
fDate
17-20 Aug. 2013
Firstpage
564
Lastpage
569
Abstract
In combinatorial auctions, prospective buyers bid on bundles of items for sale, including but not limited to singleton bundles. The bid price given by a buyer on a particular bundle reflects his/her perceived utility of the bundle of items as a whole. After collecting all the bids, the auctioneer determines the revenue-maximizing assignment of winning bidders to bundles subject to nonoverlapping of bundles. To accomplish this, the auctioneer needs to solve a winner determination problem (WDP). The exactly same way of thinking can be taken to the context of min-sum scheduling, where jobs can be viewed as bidders who bid on bundles of discrete time periods on machines. Particular problems often permit only a subset of bundles. By putting appropriate restrictions on the collection of permissible bundles, we can derive from the WDP, various integer programming (IP) formulations for nonpreemptive as well as preemptive min-sum scheduling problems. We thus obtain the well-known time-indexed IP formulation in the nonpreemptive case, and further, a new strong IP formulation in the preemptive case.
Keywords
commerce; integer programming; pricing; single machine scheduling; WDP; bid price; combinatorial auction perspective; discrete time periods; integer programming formulation; nonoverlapping bundle; nonpreemptive min-sum scheduling problems; permissible bundle collection; preemptive min-sum scheduling problems; single-machine environment; singleton bundles; time-indexed IP formulation; winner determination problem; winning bidder revenue-maximizing assignment; Context; IP networks; Linear programming; Pricing; Schedules; Single machine scheduling; Transportation;
fLanguage
English
Publisher
ieee
Conference_Titel
Automation Science and Engineering (CASE), 2013 IEEE International Conference on
Conference_Location
Madison, WI
ISSN
2161-8070
Type
conf
DOI
10.1109/CoASE.2013.6653895
Filename
6653895
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