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Persistent link: https://www.econbiz.de/10003974427
We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...
Persistent link: https://www.econbiz.de/10003341369
Persistent link: https://www.econbiz.de/10011900071
We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...
Persistent link: https://www.econbiz.de/10010365886
Persistent link: https://www.econbiz.de/10009613876
We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...
Persistent link: https://www.econbiz.de/10012720655
Simhon et al. (2016) proved that disclosing queue length to customers when the queue is shorter than some threshold and concealing the information otherwise cannot maximize the throughout of M/M/1 queues---when customers are familiar with the policy and the threshold. We show that said policy...
Persistent link: https://www.econbiz.de/10012855387
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Persistent link: https://www.econbiz.de/10012621796
Consider a single-server service system with uncertain quality level (which is assumed to be binary). Both the server and the customers know the distribution of quality levels and are engaged in the following two-stage game. In the first stage, the server commits to a strategy (possibly mixed)...
Persistent link: https://www.econbiz.de/10012834252