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We define a new class of games, congestion games with load-dependent failures (CGLFs). In a CGLF each player can choose a subset of a set of available resources in order to try and perform his task. We assume that the resources are identical but that players' benefits from successful completion...
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In this paper, we state and study the problem of selecting a product mix and a dispatching rule for a jobshop system to maximize its revenue rate over an infinite planning horizon. We solve the problem of obtaining maximum revenue by selecting a product mix and determine a schedule. The designed...
Persistent link: https://www.econbiz.de/10005347040
Peer review of research proposals and articles is an essential element in research and development processes worldwide. Here we consider a problem that, to the best of our knowledge, has not been addressed until now: how to assign subsets of proposals to reviewers in scenarios where the...
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We study the problem of allocating m identical items among nm agents with unit demand and private value for consuming the good. We allow payments and focus on dominant-strategy implementation. In the absence of an auctioneer who can absorb payments collected from the agents, the payments must be...
Persistent link: https://www.econbiz.de/10010785205
We analyse assignment problems in which not every agent is controlled by the central planner. The autonomous agents search for vacant tasks guided by their own preference orders over available tasks. The goal of the central planner is to maximise the total value of the assignment, taking into...
Persistent link: https://www.econbiz.de/10011065208
We consider a single indivisible object auctioned in an ascending bid English auction. Two variations of this auction are compared with respect to the seller's revenue. In the first mechanism the participants observe the identity of a bidder that drops from the auction while in the second...
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