An experimental auction to allocate congested IT resources: the case of the University of Pennsylvania modem pool

Author

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

Author_Institution

Wharton Sch., Pennsylvania Univ., Philadelphia, PA, USA

Volume

6

fYear

1998

fDate

6-9 Jan 1998

Firstpage

363

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

Keywords

DP management; educational computing; information technology; modems; resource allocation; Pareto improvement; University of Pennsylvania; congested IT resource allocation; congested modem pool access lines; experimental auction; information technology; market-based solution; modem pool; Computer aided software engineering; Computer networks; Costs; Ethernet networks; Information management; Modems; Resource management; Spine; Telephony; Time measurement;

fLanguage

English

Publisher

ieee

Conference_Titel

System Sciences, 1998., Proceedings of the Thirty-First Hawaii International Conference on

Conference_Location

Kohala Coast, HI

Print_ISBN

0-8186-8255-8

Type

conf

DOI

10.1109/HICSS.1998.655056

Filename

655056