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Though the VCG auction assumes a central place in the mechanism design literature, there are a number of reasons for favoring Iterative Combinatorial Auctions (ICAs). Several promising ICA formats were developed based on primal-dual and subgradient algorithms. Prices are interpreted as a...
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Combinatorial auctions have been used in procurement markets with economies of scope. Preference elicitation is already a problem in single-unit combinatorial auctions, but it becomes prohibitive even for small instances of multi-unit combinatorial auctions, as suppliers cannot be expected to...
Persistent link: https://www.econbiz.de/10009146075
We consider the assignment of enterprise applications in virtual machines to physical servers, also known as server consolidation problem. Data center operators try to minimize the number of servers, but at the same time provide sufficient computing resources at each point in time. While...
Persistent link: https://www.econbiz.de/10010608529