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A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by quality and sellers have private reserve prices for their items. Sellers quote prices strategically, inducing a knapsack game. The buyer's problem is to select a subset of maximal quality. We...
Persistent link: https://www.econbiz.de/10010333849
A budget-constrained buyer wants to purchase items from a short-listed set. Items are differentiated by observable quality and sellers have private reserve prices for their items. The buyer's problem is to select a subset of maximal quality. Money does not enter the buyer's objective function,...
Persistent link: https://www.econbiz.de/10010334028
Assignment type problems consist in optimally assigning or allocating a given set of "activities" to a given set of "resources". Optimisation problems of the assignment type have numerous applications in production planning and logistics. A popular approach to solve such problems or to compute...
Persistent link: https://www.econbiz.de/10011558776
Effectiveness in the use of the work force is often the crucial advantage in a company's long-term success over its competitors, especially in technology driven and highly competitive branches as the one considered in this article. While employee scheduling and rostering has been the topic of...
Persistent link: https://www.econbiz.de/10011558804
In combinatorial auctions the pricing problem is of main concern since it is the means by which the auctioneer signals the result of the auction to the participants. In order for the auction to be regarded as fair among the various participants the price signals should be such that a participant...
Persistent link: https://www.econbiz.de/10011558809
In general scheduling a sports league is a difficult combinatorial optimization problem. We study some variants of round robin tournaments and analyze the relationship with the planar three index assignment problem. The complexity of scheduling a round robin tournaments is settled by a reduction...
Persistent link: https://www.econbiz.de/10011558814
Generally speaking in sports competition a number of teams play against each other over a period of time according to a certain scheme. The round robin scheme is very popular in many team sports like soccer and basketball. In this paper we study several basic variants of round robin tournaments....
Persistent link: https://www.econbiz.de/10011558821
In combinatorial auctions the pricing problem is of main concern since it is the means by which the auctioneer signals the result of the auction to the participants. In order for the auction to be regarded as fair among the various participants the price signals should be such that a participant...
Persistent link: https://www.econbiz.de/10011558831