Currently displaying 1 – 1 of 1

Showing per page

Order by Relevance | Title | Year of publication

Market clearing price and equilibria of the progressive second price mechanism

Patrick Maillé — 2007

RAIRO - Operations Research


The Progressive Second Price mechanism (PSP), recently introduced by Lazar and Semret to share an infinitely-divisible resource among users through pricing, has been shown to verify very interesting properties. Indeed, the incentive compatibility property of that scheme, and the convergence to an efficient resource allocation where established, using the framework of . Therefore, that auction-based allocation and pricing scheme seems particularly well-suited to solve congestion problems in telecommunication...

Page 1

Download Results (CSV)