auction-based bandwidth allocation: Topics by WorldWideScience.org

Sample records for auction-based bandwidth allocation

Auction-based bandwidth allocation in the Internet

Science.gov (United States)

Wei, Jiaolong; Zhang, Chi

2002-07-01

It has been widely accepted that auctioning which is the pricing approach with minimal information requirement is a proper tool to manage scare network resources. Previous works focus on Vickrey auction which is incentive compatible in classic auction theory. In the beginning of this paper, the faults of the most representative auction-based mechanisms are discussed. And then a new method called uniform-price auction (UPA), which has the simplest auction rule is proposed and it's incentive compatibility in the network environment is also proved. Finally, the basic mode is extended to support applications which require minimum bandwidth guarantees for a given time period by introducing derivative market, and a market mechanism for network resource allocation which is predictable, riskless, and simple for end-users is completed.
Bandwidth auction for SVC streaming in dynamic multi-overlay

Science.gov (United States)

Xiong, Yanting; Zou, Junni; Xiong, Hongkai

2010-07-01

In this paper, we study the optimal bandwidth allocation for scalable video coding (SVC) streaming in multiple overlays. We model the whole bandwidth request and distribution process as a set of decentralized auction games between the competing peers. For the upstream peer, a bandwidth allocation mechanism is introduced to maximize the aggregate revenue. For the downstream peer, a dynamic bidding strategy is proposed. It achieves maximum utility and efficient resource usage by collaborating with a content-aware layer dropping/adding strategy. Also, the convergence of the proposed auction games is theoretically proved. Experimental results show that the auction strategies can adapt to dynamic join of competing peers and video layers.
A Hierarchical Auction-Based Mechanism for Real-Time Resource Allocation in Cloud Robotic Systems.

Science.gov (United States)

Wang, Lujia; Liu, Ming; Meng, Max Q-H

2017-02-01

Cloud computing enables users to share computing resources on-demand. The cloud computing framework cannot be directly mapped to cloud robotic systems with ad hoc networks since cloud robotic systems have additional constraints such as limited bandwidth and dynamic structure. However, most multirobotic applications with cooperative control adopt this decentralized approach to avoid a single point of failure. Robots need to continuously update intensive data to execute tasks in a coordinated manner, which implies real-time requirements. Thus, a resource allocation strategy is required, especially in such resource-constrained environments. This paper proposes a hierarchical auction-based mechanism, namely link quality matrix (LQM) auction, which is suitable for ad hoc networks by introducing a link quality indicator. The proposed algorithm produces a fast and robust method that is accurate and scalable. It reduces both global communication and unnecessary repeated computation. The proposed method is designed for firm real-time resource retrieval for physical multirobot systems. A joint surveillance scenario empirically validates the proposed mechanism by assessing several practical metrics. The results show that the proposed LQM auction outperforms state-of-the-art algorithms for resource allocation.
A Dynamic Pricing Reverse Auction-Based Resource Allocation Mechanism in Cloud Workflow Systems

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Xuejun Li

2016-01-01

Full Text Available Market-oriented reverse auction is an efficient and cost-effective method for resource allocation in cloud workflow systems since it can dynamically allocate resources depending on the supply-demand relationship of the cloud market. However, during the auction the price of cloud resource is usually fixed, and the current resource allocation mechanisms cannot adapt to the changeable market properly which results in the low efficiency of resource utilization. To address such a problem, a dynamic pricing reverse auction-based resource allocation mechanism is proposed. During the auction, resource providers can change prices according to the trading situation so that our novel mechanism can increase the chances of making a deal and improve efficiency of resource utilization. In addition, resource providers can improve their competitiveness in the market by lowering prices, and thus users can obtain cheaper resources in shorter time which would decrease monetary cost and completion time for workflow execution. Experiments with different situations and problem sizes are conducted for dynamic pricing-based allocation mechanism (DPAM on resource utilization and the measurement of Time⁎Cost (TC. The results show that our DPAM can outperform its representative in resource utilization, monetary cost, and completion time and also obtain the optimal price reduction rates.
Auction-Based Resource Allocation for Cooperative Video Transmission Protocols over Wireless Networks

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Zhu Han

2009-01-01

Full Text Available Cooperative transmission has been proposed as a novel transmission strategy that takes advantage of broadcast nature of wireless networks, forms virtual MIMO system, and provides diversity gains. In this paper, wireless video transmission protocols are proposed, in which the spectrum resources are first allocated for the source side to broadcast video packets to the relay and destination, and then for the relay side to transmit side information generated from the received packets. The proposed protocols are optimized to minimize the end-to-end expected distortion via choosing bandwidth/power allocation, configuration of side information, subject to bandwidth and power constraints. For multiuser cases, most of current resource allocation approaches cannot be naturally extended and applied to the networks with relay nodes for video transmission. This paper extends the share auction approach into the cooperative video communication scenarios and provides a near-optimal solution for resource allocation. Experimental results have demonstrated that the proposed approach has significant advantage of up to 4 dB gain in single user case and 1.3 dB gain in multiuser case over the reference systems in terms of peak-to-signal-noise ratio. In addition, it reduces the formidable computational complexity of the optimal solution to linear complexity with performance degradation of less than 0.3 dB.
Capacity Allocation and Revenue Sharing in Airline Alliances: A Combinatorial Auction-Based Modeling

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Ying-jing Gu

2017-01-01

Full Text Available This paper attempts to establish a framework to help airline alliances effectively allocate their seat capacity with the purpose of maximizing alliances’ revenue. By assuming the airline alliance as the auctioneer and seat capacity in an itinerary as lots, the combinatorial auction model is constructed to optimize the allocation of the seat, and the revenue sharing method is established to share revenue between partners by Vickrey-Clarke-Groves (VCG mechanism. The result of the numerical study shows that the seat capacity allocation is effective even without information exchanging completely and the twofold revenue shares method shows more excitation for the airlines.
NASH BARGAINING BASED BANDWIDTH ALLOCATION IN COGNITIVE RADIO FOR DELAY CRITICAL APPLICATIONS

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Kalyani Kulkarni

2015-11-01

Full Text Available In order to effectively regulate the existing resources, dynamic spectrum access in cognitive radio needs to adopt the effective resource allocation strategies. Multimedia applications require large bandwidth and have to meet the delay constraints while maintaining the data quality. Game theory is emerging as an effective analytical tool for the analysis of available resources and its allocation. This paper addresses resource allocation schemes employing bargaining game model for Multi-carrier CDMA based Cognitive Radio. Resource allocation scheme is designed for transmission of video over cognitive radio networks and aim to perform bandwidth allocation for different cognitive users. Utility function based on bargaining model is proposed. Primary user utility function includes the pricing factor and an upbeat factor that can be adjusted by observing the delay constraints of the video. Allocated bandwidth to the secondary user can be adjusted by changing the upbeat factor. Throughput in the proposed scheme is increased by 2% as compared to other reported pricing based resource allocation schemes. The edge PSNR of reconstructed video obtained as 32.6dB resulting to optimum decoding of the video at the receiver. The study also shows upbeat factor can be used to enhanced capacity of the network.
Intelligent Continuous Double Auction method For Service Allocation in Cloud Computing

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Nima Farajian

2013-10-01

Full Text Available Market-oriented approach is an effective method for resource management because of its regulation of supply and demand and is suitable for cloud environment where the computing resources, either software or hardware, are virtualized and allocated as services from providers to users. In this paper a continuous double auction method for efficient cloud service allocation is presented in which i enables consumers to order various resources (services for workflows and coallocation, ii consumers and providers make bid and request prices based on deadline and workload time and in addition providers can tradeoff between utilization time and price of bids, iii auctioneers can intelligently find optimum matching by sharing and merging resources which result more trades. Experimental results show that proposed method is efficient in terms of successful allocation rate and resource utilization.
Efficient Nash Equilibrium Resource Allocation Based on Game Theory Mechanism in Cloud Computing by Using Auction.

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Nezarat, Amin; Dastghaibifard, G H

2015-01-01

One of the most complex issues in the cloud computing environment is the problem of resource allocation so that, on one hand, the cloud provider expects the most profitability and, on the other hand, users also expect to have the best resources at their disposal considering the budget constraints and time. In most previous work conducted, heuristic and evolutionary approaches have been used to solve this problem. Nevertheless, since the nature of this environment is based on economic methods, using such methods can decrease response time and reducing the complexity of the problem. In this paper, an auction-based method is proposed which determines the auction winner by applying game theory mechanism and holding a repetitive game with incomplete information in a non-cooperative environment. In this method, users calculate suitable price bid with their objective function during several round and repetitions and send it to the auctioneer; and the auctioneer chooses the winning player based the suggested utility function. In the proposed method, the end point of the game is the Nash equilibrium point where players are no longer inclined to alter their bid for that resource and the final bid also satisfies the auctioneer's utility function. To prove the response space convexity, the Lagrange method is used and the proposed model is simulated in the cloudsim and the results are compared with previous work. At the end, it is concluded that this method converges to a response in a shorter time, provides the lowest service level agreement violations and the most utility to the provider.
Auction Design for the Allocation of Emission Permits in the Presence of Market Power

International Nuclear Information System (INIS)

Sunnevaag, K.J.

2003-01-01

To the extent that emission permits have been allocated using market mechanisms, this has been done using a sealed-bid auction design, typically with discriminatory prices. However, several authors have recommended the ascending auction format. Basically, two 'competing' ascending auction designs have been suggested, the standard ascending auction (with clock or demand schedules), or an alternative ascending-clock implementation of Vickrey-pricing. The latter design was introduced as a response to problems of bid shading under the sealed-bid and the standard ascending auction format. The purpose of this paper is to investigate the allocation of permits under these two alternative mechanisms. The auction process and the resulting market outcome in the presence of oligopolistic competition are simulated. In this setting, it is not obvious that bid shading is the optimal strategy under the standard design, nor is it obvious that sincere bidding is the optimal strategy under the alternative ascending auction design. The alternative auction format makes it less costly to pursue a strategy to increase market shares through the acquisition of emission permits, thus increasing the competitor's costs, leading to overbidding as the optimal strategy
Multi-granularity Bandwidth Allocation for Large-Scale WDM/TDM PON

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Gao, Ziyue; Gan, Chaoqin; Ni, Cuiping; Shi, Qiongling

2017-12-01

WDM (wavelength-division multiplexing)/TDM (time-division multiplexing) PON (passive optical network) is being viewed as a promising solution for delivering multiple services and applications, such as high-definition video, video conference and data traffic. Considering the real-time transmission, QoS (quality of services) requirements and differentiated services model, a multi-granularity dynamic bandwidth allocation (DBA) in both domains of wavelengths and time for large-scale hybrid WDM/TDM PON is proposed in this paper. The proposed scheme achieves load balance by using the bandwidth prediction. Based on the bandwidth prediction, the wavelength assignment can be realized fairly and effectively to satisfy the different demands of various classes. Specially, the allocation of residual bandwidth further augments the DBA and makes full use of bandwidth resources in the network. To further improve the network performance, two schemes named extending the cycle of one free wavelength (ECoFW) and large bandwidth shrinkage (LBS) are proposed, which can prevent transmission from interruption when the user employs more than one wavelength. The simulation results show the effectiveness of the proposed scheme.
Bandwidth-sharing in LHCONE, an analysis of the problem

Science.gov (United States)

Wildish, T.

2015-12-01

to inefficient use of the network. If one user cannot use their quota for some reason, that bandwidth is lost. Likewise, there is no incentive for the user to be efficient within their quota, they have nothing to gain by using less than their allocation. As with CPU farms, some sort of dynamic allocation is more likely to be useful. A promising approach for sharing bandwidth at LHCONE is the ’Progressive Second-Price auction’, where users are given a budget and are required to bid from that budget for the specific resources they want to reserve. The auction allows users to effectively determine among themselves the degree of sharing they are willing to accept based on the priorities of their traffic and their global share, as represented by their total budget. The network then implements those allocations using whatever mix of technologies is appropriate or available. This paper describes how the Progressive Second-Price auction works and how it can be applied to LHCONE. Practical questions are addressed, such as how are budgets set, what strategy should users use to manage their budget, how and how often should the auction be run, and how do we ensure that the goals of fairness and efficiency are met.
The implications of free allocation versus auctioning of EU ETS allowances for the power sector in the Netherlands

International Nuclear Information System (INIS)

Sijm, J.P.M.; Hers, J.S.; Lise, W.

2008-12-01

The main objective of the present study is to analyse the implications of shifting from free allocation to auctioning of EU ETS allowances (EUAs) for the power sector in the Netherlands. In order to achieve this objective, this study has used three methodological approaches, including theoretical, empirical and model analyses of the impact of free allocations versus auctioning of EUAs on the power sector, notably in the Netherlands. In addition, as Combined Heat and Power (CHP) plays a major role in the electricity sector of the Netherlands, the present study also pays some particular attention to the implications of shifting from free allocation to EUA auctioning for the CHP sector in the Netherlands
Need and design of short-term auctions in the EU gas markets

International Nuclear Information System (INIS)

Vazquez, Miguel; Hallack, Michelle

2013-01-01

In the EU, gas markets are based on socializing network flexibility services. However, shippers have different preferences on network flexibility, which are not reflected in current allocation models. We propose the introduction of auction mechanisms to allocate network services in the short run. The auction aims to represent simultaneously the diversity of players′ preferences and the trade-offs implied by network constraints. Two sealed-bid auctions are proposed: (a) an auction based on bids for gas, which allocates network services through the minimization of gas price differences; (b) an auction with explicit bids for line-pack, which allows shippers′ valuation of line-pack storage. - Highlights: • EU gas regulation faces serious difficulties in network resource allocation. • We propose two short-term auctions with implicit network allocation. • The difference between the two is the implicit or explicit allocation of line-pack. • The first auction considers line-pack as an instrument to arbitrage gas prices. • The second auction design considers line-pack as a tool to hedge volatility
Optimization of Joint Power and Bandwidth Allocation in Multi-Spot-Beam Satellite Communication Systems

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Heng Wang

2014-01-01

Full Text Available Multi-spot-beam technique has been widely applied in modern satellite communication systems. However, the satellite power and bandwidth resources in a multi-spot-beam satellite communication system are scarce and expensive; it is urgent to utilize the resources efficiently. To this end, dynamically allocating the power and bandwidth is an available way. This paper initially formulates the problem of resource joint allocation as a convex optimization problem, taking into account a compromise between the maximum total system capacity and the fairness among the spot beams. A joint bandwidth and power allocation iterative algorithm based on duality theory is then proposed to obtain the optimal solution of this optimization problem. Compared with the existing separate bandwidth or power optimal allocation algorithms, it is shown that the joint allocation algorithm improves both the total system capacity and the fairness among spot beams. Moreover, it is easy to be implemented in practice, as the computational complexity of the proposed algorithm is linear with the number of spot beams.
Energy-efficient orthogonal frequency division multiplexing-based passive optical network based on adaptive sleep-mode control and dynamic bandwidth allocation

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Zhang, Chongfu; Xiao, Nengwu; Chen, Chen; Yuan, Weicheng; Qiu, Kun

2016-02-01

We propose an energy-efficient orthogonal frequency division multiplexing-based passive optical network (OFDM-PON) using adaptive sleep-mode control and dynamic bandwidth allocation. In this scheme, a bidirectional-centralized algorithm named the receiver and transmitter accurate sleep control and dynamic bandwidth allocation (RTASC-DBA), which has an overall bandwidth scheduling policy, is employed to enhance the energy efficiency of the OFDM-PON. The RTASC-DBA algorithm is used in an optical line terminal (OLT) to control the sleep mode of an optical network unit (ONU) sleep and guarantee the quality of service of different services of the OFDM-PON. The obtained results show that, by using the proposed scheme, the average power consumption of the ONU is reduced by ˜40% when the normalized ONU load is less than 80%, compared with the average power consumption without using the proposed scheme.
Auctions for coastal energy resources

Science.gov (United States)

Griffin, Robert M.

It is becoming increasingly common to allocate public resources to the private sector for the purpose of developing these resources. One of the earliest uses of auctions in the U.S. for allocating rights to public resources was in the offshore oil and gas industry. The U.S. Federal government, through the Department of Interior (DOI), has used auctions to allocate development rights to offshore oil and gas resources to the private sector since the 1950's. Since then many things have changed. Oil and gas markets have gone through boom and bust cycles, giant technological advances in extraction and assessment have taken place, and alternative energy based in the coastal zone is now in demand in markets as well. There has been an enormous amount of research into the drivers of bidder behavior in auctions and optimal auction design in the last 60 years as well. Throughout all of this, the DOI has continued to use basically the same exact auction design to allocate oil and gas leases. The U.S. offshore oil and gas resources sold by the Department of Interior have accounted for more than $65 billion in revenue since the program started. These offshore resources are an important source of government revenue and national wealth. Additionally, the expansion of the energy sector offshore has enormous potential for electricity generation in the U.S., estimated by the National Renewable Energy Laboratory as approaching 54 gigawatts by 2030 (U.S. Department of Energy, 2008). Taken together, the DOI controls access to a large part of the future of energy in the U.S. The research herein assesses the auction formats used to allocate both fossil fuels and renewable resources on the Outer Continental Shelf (OCS). The first manuscript looks at the current method used by the DOI to allocate oil and gas leases on the OCS, and is primarily interested in how bidders behave in this environment. Using latent class estimation techniques to separate distinct bidding behavior in a laboratory
Network capacity auctions: promise and problems

International Nuclear Information System (INIS)

Newbery, David M.

2003-01-01

Well-designed auctions work favorably for allocating idiosyncratic properties efficiently. Auctions are used to allocate entry capacity for United Kingdom gas and inter-connector capacity for electricity in several European Union countries and can work well for allocating existing capacity, though careful auction design is needed to mitigate potential market power. Using auction prices to guide investment decisions in networks is problematic if bidders fear that sub-optimal investment will be compensated by regulatory fiat, lowering future capacity values. (Author)
Bandwidth allocation and pricing problem for a duopoly market

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You Peng-Sheng

2011-01-01

Full Text Available This research discusses the Internet service provider (ISP bandwidth allocation and pricing problems for a duopoly bandwidth market with two competitive ISPs. According to the contracts between Internet subscribers and ISPs, Internet subscribers can enjoy their services up to their contracted bandwidth limits. However, in reality, many subscribers may experience the facts that their on-line requests are denied or their connection speeds are far below their contracted speed limits. One of the reasons is that ISPs accept too many subscribers as their subscribers. To avoid this problem, ISPs can set limits for their subscribers to enhance their service qualities. This paper develops constrained nonlinear programming to deal with this problem for two competitive ISPs. The condition for reaching the equilibrium between the two competitive firms is derived. The market equilibrium price and bandwidth resource allocations are derived as closed form solutions.
Power allocation, bit loading and sub-carrier bandwidth sizing for OFDM-based cognitive radio

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Desai Uday

2011-01-01

Full Text Available Abstract The function of the Radio Resource Management module of a Cognitive Radio (CR system is to evaluate the available resources and assign them to meet the Quality of Service (QoS objectives of the Secondary User (SU, within some constraints on factors which limit the performance of the Primary User (PU. While interference mitigation to the PU spectral band from the SU's transmission has received a lot of attention in recent literature; the novelty of our work is in considering a more realistic and effective approach of dividing the PU into sub-bands, and ensuring that the interference to each of them is below a specified threshold. With this objective, and within a power budget, we execute the tasks of power allocation, bit loading and sizing the sub-carrier bandwidth for an orthogonal frequency division multiplexing (OFDM-based SU. After extensively analyzing the solution form of the optimization problems posed for the resource allocation, we suggest iterative algorithms to meet the aforementioned objectives. The algorithm for sub-carrier bandwidth sizing is novel, and not previously presented in literature. A multiple SU scenario is also considered, which entails assigning sub-carriers to the users, besides the resource allocation. Simulation results are provided, for both single and multi-user cases, which indicate the effectiveness of the proposed algorithms in a CR environment.

Control system of the inspection robots group applying auctions and multi-criteria analysis for task allocation

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Panfil, Wawrzyniec; Moczulski, Wojciech

2017-10-01

In the paper presented is a control system of a mobile robots group intended for carrying out inspection missions. The main research problem was to define such a control system in order to facilitate a cooperation of the robots resulting in realization of the committed inspection tasks. Many of the well-known control systems use auctions for tasks allocation, where a subject of an auction is a task to be allocated. It seems that in the case of missions characterized by much larger number of tasks than number of robots it will be better if robots (instead of tasks) are subjects of auctions. The second identified problem concerns the one-sided robot-to-task fitness evaluation. Simultaneous assessment of the robot-to-task fitness and task attractiveness for robot should affect positively for the overall effectiveness of the multi-robot system performance. The elaborated system allows to assign tasks to robots using various methods for evaluation of fitness between robots and tasks, and using some tasks allocation methods. There is proposed the method for multi-criteria analysis, which is composed of two assessments, i.e. robot's concurrency position for task among other robots and task's attractiveness for robot among other tasks. Furthermore, there are proposed methods for tasks allocation applying the mentioned multi-criteria analysis method. The verification of both the elaborated system and the proposed tasks' allocation methods was carried out with the help of simulated experiments. The object under test was a group of inspection mobile robots being a virtual counterpart of the real mobile-robot group.
Dynamic Bandwidth Allocation with Effective Utilization of Polling Interval over WDM/TDM PON

Science.gov (United States)

Ni, Cuiping; Gan, Chaoqin; Gao, Ziyue

2014-12-01

WDM/TDM (wavelength-division multiplexing/time-division multiplexing) PON (passive optical network) appears to be an attractive solution for the next generation optical access networks. Dynamic bandwidth allocation (DBA) plays a crucial role in efficiently and fairly allocating the bandwidth among all users in WDM/TDM PON. In this paper, two dynamic bandwidth allocation schemes (DBA1 and DBA2) are proposed to eliminate the idle time of polling cycles (i.e. polling interval), improve bandwidth utilization and make full use of bandwidth resources. The two DBA schemes adjust the time slot of sending request information and make fair scheduling among users to achieve the effective utilization of polling interval in WDM/TDM PON. The simulation and theoretical analyses verify that the proposed schemes outperform the conventional DBA scheme. We also make comparisons between the two schemes in terms of bandwidth utilization and average packet delay to further demonstrate the effectiveness of the scheme of DBA2.
Efficient Bandwidth Allocation for Integrated Services in Broadband Wireless ATM Networks

DEFF Research Database (Denmark)

Liu, Hong; Dittmann, Lars; Gliese, Ulrik Bo

1999-01-01

An efficient bandwidth allocation scheme is proposed for supporting intergrated services in wireless ATM networks. These include CBR, VBR amd ABR types of traffic. The proposed scheme is based om A-PRMA for carrying ATM traffic in a dynamic TDMA type access system. It allows mobile users to adjust...
A novel inclusion of intermittent generation resources in long term energy auctions

International Nuclear Information System (INIS)

Marambio, Rodrigo; Rudnick, Hugh

2017-01-01

Long term energy auctions are positioning as a valuable tool in order to attract new investments into power systems, especially in Latin American countries where emergent economies characteristics and their correspondent risks are usually present. Even though the focus of these auctions is the long term, there are short term issues involved which actual auction designs fail to include, resulting in an energy allocation that is not necessarily optimal for the system, a condition which becomes more evident in the presence of intermittent renewable technologies. A novel mechanism is formulated to obtain the optimal allocation in long term energy auctions, considering short term generation profiles from both intermittent and conventional base load technologies, and also their risk aversions. The proposed mechanism is developed and simulations are made for some scenarios in the Chilean power market, with different levels of renewable penetration. Significant cost savings are achieved for the final consumers in relation to energy purchases, in comparison with a mechanism that follows the demand profile. As more renewable intermittent capacity enters the power system it is evident the need for changes in the energy auctions allocation mechanisms, including elements to exploit the synergies among participants in the short term. - Highlights: • Risk management consideration in technology neutral auctions allocation. • Allocation mechanism in technology neutral auctions with intermittent technologies. • Renewable and conventional technologies energy auction offer curves. • Increase bid prices in auctions as a consequence of solar technology support.
Auctions and energy networks

International Nuclear Information System (INIS)

Helm, D.

2003-01-01

This article compares and contrasts the traditional planning approach to network investment, the regulatory treatment of capital expenditure within RPI-X price-cap regulation, and the use of auctions. It shows why auctions may be helpful in allocating existing capacity, but can only play a limited role in identifying future investment needs. Auctions cannot determine optimal investment. The application of auctions in the 2001 Transco price review is criticised and an alternative approach proposed. (Author)
Auctions of capacity in network industries

International Nuclear Information System (INIS)

Stern, J.; Turvey, R.

2003-01-01

This paper provides an introduction to the key issues arising for auctions of network capacity including (i) the ability of auctions to handle long-run capacity expansion issues as well as short run capacity allocation; (ii) the definition of 'capacity' on networks; (iii) auction revenues and revenue reallocation to regulated network operators; and (iv) alternative market-based mechanisms to provide signals for capacity expansion. The paper covers some simple analytics before introducing various complications such as the use of auctions in complex networks. The paper discusses implications and provides a context within which to consider the other papers in this issue of Utilities Policy. (Author)
Bandwidth and power allocation for two-way relaying in overlay cognitive radio systems

KAUST Repository

Alsharoa, Ahmad M.

2014-12-01

In this paper, the problem of both bandwidth and power allocation for two-way multiple relay systems in overlay cognitive radio (CR) setup is investigated. In the CR overlay mode, primary users (PUs) cooperate with cognitive users (CUs) for mutual benefits. In our framework, we propose that the CUs are allowed to allocate a part of the PUs spectrum to perform their cognitive transmission. In return, acting as an amplify-and-forward two-way relays, they are used to support PUs to achieve their target data rates over the remaining bandwidth. More specifically, CUs acts as relays for the PUs and gain some spectrum as long as they respect a specific power budget and primary quality-of-service constraints. In this context, we first derive closed-form expressions for optimal transmit power allocated to PUs and CUs in order to maximize the cognitive objective. Then, we employ a strong optimization tool based on particle swarm optimization algorithm to find the optimal relay amplification gains and optimal cognitive released bandwidths as well. Our numerical results illustrate the performance of our proposed algorithm for different utility metrics and analyze the impact of some system parameters on the achieved performance.
A Hybrid OFDM-TDM Architecture with Decentralized Dynamic Bandwidth Allocation for PONs

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Taner Cevik

2013-01-01

Full Text Available One of the major challenges of passive optical networks is to achieve a fair arbitration mechanism that will prevent possible collisions from occurring at the upstream channel when multiple users attempt to access the common fiber at the same time. Therefore, in this study we mainly focus on fair bandwidth allocation among users, and present a hybrid Orthogonal Frequency Division Multiplexed/Time Division Multiplexed architecture with a dynamic bandwidth allocation scheme that provides satisfying service qualities to the users depending on their varying bandwidth requirements. Unnecessary delays in centralized schemes occurring during bandwidth assignment stage are eliminated by utilizing a decentralized approach. Instead of sending bandwidth demands to the optical line terminal (OLT which is the only competent authority, each optical network unit (ONU runs the same bandwidth demand determination algorithm. ONUs inform each other via signaling channel about the status of their queues. This information is fed to the bandwidth determination algorithm which is run by each ONU in a distributed manner. Furthermore, Light Load Penalty, which is a phenomenon in optical communications, is mitigated by limiting the amount of bandwidth that an ONU can demand.
A Hybrid OFDM-TDM Architecture with Decentralized Dynamic Bandwidth Allocation for PONs

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Cevik, Taner

2013-01-01

One of the major challenges of passive optical networks is to achieve a fair arbitration mechanism that will prevent possible collisions from occurring at the upstream channel when multiple users attempt to access the common fiber at the same time. Therefore, in this study we mainly focus on fair bandwidth allocation among users, and present a hybrid Orthogonal Frequency Division Multiplexed/Time Division Multiplexed architecture with a dynamic bandwidth allocation scheme that provides satisfying service qualities to the users depending on their varying bandwidth requirements. Unnecessary delays in centralized schemes occurring during bandwidth assignment stage are eliminated by utilizing a decentralized approach. Instead of sending bandwidth demands to the optical line terminal (OLT) which is the only competent authority, each optical network unit (ONU) runs the same bandwidth demand determination algorithm. ONUs inform each other via signaling channel about the status of their queues. This information is fed to the bandwidth determination algorithm which is run by each ONU in a distributed manner. Furthermore, Light Load Penalty, which is a phenomenon in optical communications, is mitigated by limiting the amount of bandwidth that an ONU can demand. PMID:24194684
Auction design for the allocation of carbon emission allowances: uniform or discriminatory price?

DEFF Research Database (Denmark)

Cong, Ronggang; wei, yi-ming

2010-01-01

Only four states used auction in Phase Ⅰ (2005-2007) of the European Union Emission Trading System, of which four used a uniform-price sealed auction format. Here we discuss whether the auction should adopt a uniform-price or discriminatory-price format using an agent-based carbon allowances...... auction model established for the purpose. The main conclusions are as follows: (1) when carbon allowances are relatively scarce, the government should use a discriminatory-price auction; when carbon allowances are relatively abundant, the government should use a uniform-price auction. (2) Uncertainty......) The uniform-price auction is relatively insensitive to market structure. However, a monopoly market is more likely to develop under the discriminatory-price auction format. The results of the model have some policy implications for designing carbon market mechanisms in the future....
Auction design for gas pipeline transportation capacity-The case of Nabucco and its open season

International Nuclear Information System (INIS)

Pickl, Matthias; Wirl, Franz

2011-01-01

As a response to the Russian dominance of the EU's natural gas supplies and the EU's increasing gas demands, major gas pipeline projects are currently under way to enhance the EU's energy supply security. Oftentimes to raise financing and to allocate gas transportation capacities, auctions are carried out to allow gas shippers to book transportation rights. In recent years, auctions have emerged as one of the most successful allocation mechanisms in the microeconomic theory. However, different auction designs can lead to different outcomes making the choice of auction design a decisive one, especially for divisible-good auctions. This paper seeks to give a formulation of an optimal auction design for gas pipeline transportation capacity. Specifically three different mechanisms are tested: (i) NPV allocation; (ii) pro rata allocation; and (iii) optimization. In addition, Nabucco is taken as a case study to empirically show results of such auction designs. Results show that a trade-off between revenue optimization and fair allocation can be observed: allocation per optimization is the favorable auction design when revenue maximization is more important than fair allocation. On the other hand, pro rata allocation is the auction design to be chosen when fairness of allocation is considered most central. - Research highlights: → Auction design for gas pipeline transportation capacity. → Empirical market-survey of Nabucco pipeline project auction as input data. → Testing of three different allocation mechanisms: (i) NPV allocation; (ii) pro rata allocation; and (iii) optimization. → Results show a trade-off between revenue optimization and fair allocation. → Allocation per optimization is the favorable auction design when revenue maximization is more important than fair allocation. → On the other hand, pro rata allocation is the auction design to be chosen when fairness of allocation is considered most central.
Joint Bandwidth and Power Allocation for MIMO Two-Way Relays-Assisted Overlay Cognitive Radio Systems

KAUST Repository

Alsharoa, Ahmad; Ghazzai, Hakim; Yaacoub, Elias; Alouini, Mohamed-Slim; Kamal, Ahmed

2015-01-01

This paper studies the achievable cognitive sum rate of an overlay cognitive radio (CR) system assisted with multiple antennas two-way relays in which primary users (PUs) cooperate with cognitive users (CUs) for mutual benefits. In this context, the problem of both bandwidth and power allocation is investigated. We propose that the CUs are allowed to allocate a part of the PUs spectrum to perform their cognitive transmission. In return, acting as amplify-and-forward two-way relays, they are exploited to support PUs to reach their target data rates over the remaining bandwidth. Power expressions for optimal transmit power allocated per PU and CU antenna are derived under primary quality-of-service constraint in addition to bandwidth and power budget constraints. More specifically, CUs act as relays for the PUs transmission and gain some spectrum as long as they respect these constraints. After deriving the optimal transmit powers, we employ a strong optimization tool based on swarm intelligence to optimize the full and complex relay amplification gain matrices in addition to the bandwidths released to primary and cognitive transmission. Furthermore, three different utility functions are considered in our optimization problems depending on the level of fairness among CUs.
Joint Bandwidth and Power Allocation for MIMO Two-Way Relays-Assisted Overlay Cognitive Radio Systems

KAUST Repository

Alsharoa, Ahmad

2015-10-08

This paper studies the achievable cognitive sum rate of an overlay cognitive radio (CR) system assisted with multiple antennas two-way relays in which primary users (PUs) cooperate with cognitive users (CUs) for mutual benefits. In this context, the problem of both bandwidth and power allocation is investigated. We propose that the CUs are allowed to allocate a part of the PUs spectrum to perform their cognitive transmission. In return, acting as amplify-and-forward two-way relays, they are exploited to support PUs to reach their target data rates over the remaining bandwidth. Power expressions for optimal transmit power allocated per PU and CU antenna are derived under primary quality-of-service constraint in addition to bandwidth and power budget constraints. More specifically, CUs act as relays for the PUs transmission and gain some spectrum as long as they respect these constraints. After deriving the optimal transmit powers, we employ a strong optimization tool based on swarm intelligence to optimize the full and complex relay amplification gain matrices in addition to the bandwidths released to primary and cognitive transmission. Furthermore, three different utility functions are considered in our optimization problems depending on the level of fairness among CUs.
The Wireless Craze, The Unlimited Bandwidth Myth, The Spectrum Auction Faux Pas, and the Punchline to Ronald Coase's 'Big Joke': An Essay on Airwave Allocation Policy

OpenAIRE

Hazlett, Thomas W.

2001-01-01

In 1959 the Federal Communications Commission invited economist Ronald Coase to testify about his proposal for market allocation of radio spectrum rights. The FCC's first question: 'Is this all a big joke'' Today, however, leading policy makers, including the current FCC Chair, decry the 'spectrum drought' produced by administrative allocation and call for the creation of private bandwidth markets. This essay examines marketplace trends driving regulators' change of humor, and considers the p...
Carbon allowance auction design of China's emissions trading scheme: A multi-agent-based approach

International Nuclear Information System (INIS)

Tang, Ling; Wu, Jiaqian; Yu, Lean; Bao, Qin

2017-01-01

In this paper, a multi-agent-based ETS simulation model is proposed for carbon allowance auction design in China. In the proposed model, two main agents, i.e., the government (the ETS implementer) and the firms in different sectors (the ETS targets), are considered. Under the ETS policy, all agents make various decisions individually according to their own goals, and interact with each other through three main markets: the commodity market, the primary carbon auction market and the secondary carbon trading market. Different popular auction designs are introduced into the ETS formulation to offer helpful insights into China's ETS design. (1) Generally, the ETS would lead to positive effects on China's carbon mitigation and energy structure improvement, but a negative impact on economy. (2) As for auction forms, the uniform-price design is relatively moderate, while the discriminative-price design is quite aggressive in both economic damage and emissions reduction. (3) As for carbon price, the uniform-price auction might generate a slightly higher market clearing price than the discriminative-price auction, and the prices under two auction rules fluctuate about RMB 40 per metric ton. (4) As for carbon cap, the total allowances in the carbon auction market should be carefully set to well balance economic growth and mitigation effect. - Highlights: • A multi-agent-based model is proposed for China's emissions trading scheme (ETS). • Two main economic agents are included: government and firms in different sectors. • Auction-based allocation for initial carbon allowances is especially investigated. • Economic and environmental impacts of different auction designs are analyzed. • Results confirm the validity of the model and give helpful insights into ETS design.
6 essays about auctions: a theoretical and empirical analysis. Application to power markets

International Nuclear Information System (INIS)

Lamy, L.

2007-06-01

This thesis is devoted to a theoretical and empirical analysis of auction mechanisms. Motivated by allocation issues in network industries, in particular by the liberalization of the electricity sector, it focus on auctions with externalities (either allocative or informational) and on multi-objects auctions. After an introduction which provides a survey of the use and the analysis of auctions in power markets, six chapters make this thesis. The first one considers standard auctions in Milgrom-Weber's model with interdependent valuations when the seller can not commit not to participate in the auction. The second and third chapters study the combinatorial auction mechanism proposed by Ausubel and Milgrom. The first of these two studies proposes a modification of this format with a final discount stage and clarifies the theoretical status of those formats, in particular the conditions such that truthful reporting is a dominant strategy. Motivated by the robustness issues of the generalizations of the Ausubel-Milgrom and the Vickrey combinatorial auctions to environments with allocative externalities between joint-purchasers, the second one characterizes the buyer-sub-modularity condition in a general model with allocative identity-dependent externalities between purchasers. In a complete information setup, the fourth chapter analyses the optimal design problem when the commitment abilities of the principal are reduced, namely she can not commit to a simultaneous participation game. The fifth chapter is devoted to the structural analysis of the private value auction model for a single-unit when the econometrician can not observe bidders' identities. The asymmetric independent private value (IPV) model is identified. A multi-step kernel-based estimator is proposed and shown to be asymptotically optimal. Using auctions data for the anglo-french electric Interconnector, the last chapter analyses a multi-unit ascending auctions through reduced forms. (author)
Flexible power and bandwidth allocation in mobile satellites

Science.gov (United States)

Keyes, L. A.

The introduction of L-band mobile communication services by spot beam satellites creates a payload design challenge due to uncertainty in the location and size of the new market to be served. A combination of payload technologies that allow a flexible allocation of power and bandwidth to any portion of the coverage area is described. Power flexibility is achieved by a novel combination of a low-level beam-forming network and a matrix power module which ensures equal sharing of power among individual amplifiers. This eliminates the loss of efficiency and increased mass when an amplifier associated with a beam must be over-designed to meet uncertainties in power distribution between beams. Flexibility in allocation of bandwidth to beams is achieved by intermediate frequency subdivision of the L-band service categories defined by ITU. These spectral subdivisions are assigned to beams by an IF interconnect matrix having beam ports and filter ports as inputs and outputs, respectively. Two such filter switch matrices are required, one for the inbound L-band to feeder link transponder, and one for the outbound feeder link to L-band transponder.
A mechanism design approach to bandwidth allocation in tactical data networks

Science.gov (United States)

Mour, Ankur

The defense sector is undergoing a phase of rapid technological advancement, in the pursuit of its goal of information superiority. This goal depends on a large network of complex interconnected systems - sensors, weapons, soldiers - linked through a maze of heterogeneous networks. The sheer scale and size of these networks prompt behaviors that go beyond conglomerations of systems or `system-of-systems'. The lack of a central locus and disjointed, competing interests among large clusters of systems makes this characteristic of an Ultra Large Scale (ULS) system. These traits of ULS systems challenge and undermine the fundamental assumptions of today's software and system engineering approaches. In the absence of a centralized controller it is likely that system users may behave opportunistically to meet their local mission requirements, rather than the objectives of the system as a whole. In these settings, methods and tools based on economics and game theory (like Mechanism Design) are likely to play an important role in achieving globally optimal behavior, when the participants behave selfishly. Against this background, this thesis explores the potential of using computational mechanisms to govern the behavior of ultra-large-scale systems and achieve an optimal allocation of constrained computational resources Our research focusses on improving the quality and accuracy of the common operating picture through the efficient allocation of bandwidth in tactical data networks among self-interested actors, who may resort to strategic behavior dictated by self-interest. This research problem presents the kind of challenges we anticipate when we have to deal with ULS systems and, by addressing this problem, we hope to develop a methodology which will be applicable for ULS system of the future. We build upon the previous works which investigate the application of auction-based mechanism design to dynamic, performance-critical and resource-constrained systems of interest
Task Allocation and Path Planning for Collaborative Autonomous Underwater Vehicles Operating through an Underwater Acoustic Network

Directory of Open Access Journals (Sweden)

Yueyue Deng

2013-01-01

Full Text Available Dynamic and unstructured multiple cooperative autonomous underwater vehicle (AUV missions are highly complex operations, and task allocation and path planning are made significantly more challenging under realistic underwater acoustic communication constraints. This paper presents a solution for the task allocation and path planning for multiple AUVs under marginal acoustic communication conditions: a location-aided task allocation framework (LAAF algorithm for multitarget task assignment and the grid-based multiobjective optimal programming (GMOOP mathematical model for finding an optimal vehicle command decision given a set of objectives and constraints. Both the LAAF and GMOOP algorithms are well suited in poor acoustic network condition and dynamic environment. Our research is based on an existing mobile ad hoc network underwater acoustic simulator and blind flooding routing protocol. Simulation results demonstrate that the location-aided auction strategy performs significantly better than the well-accepted auction algorithm developed by Bertsekas in terms of task-allocation time and network bandwidth consumption. We also demonstrate that the GMOOP path-planning technique provides an efficient method for executing multiobjective tasks by cooperative agents with limited communication capabilities. This is in contrast to existing multiobjective action selection methods that are limited to networks where constant, reliable communication is assumed to be available.
Allocating multiple units

DEFF Research Database (Denmark)

Tranæs, Torben; Krishna, Kala

2002-01-01

This paper studies the allocation and rent distribution in multi-unit, combinatorial-bid auctions under complete information. We focus on the natural multi-unit analogue of the first-price auction, where buyers bid total payments, pay their bids, and where the seller allocates goods to maximize his...... auction, which is the multi unit analogue of a second-price auction. Furthermore, we characterize these equilibria when valuations take a number of different forms: diminishing marginal valuations, increasing average valuations, and marginal valuations with single turning points...

Research on multirobot pursuit task allocation algorithm based on emotional cooperation factor.

Science.gov (United States)

Fang, Baofu; Chen, Lu; Wang, Hao; Dai, Shuanglu; Zhong, Qiubo

2014-01-01

Multirobot task allocation is a hot issue in the field of robot research. A new emotional model is used with the self-interested robot, which gives a new way to measure self-interested robots' individual cooperative willingness in the problem of multirobot task allocation. Emotional cooperation factor is introduced into self-interested robot; it is updated based on emotional attenuation and external stimuli. Then a multirobot pursuit task allocation algorithm is proposed, which is based on emotional cooperation factor. Combined with the two-step auction algorithm recruiting team leaders and team collaborators, set up pursuit teams, and finally use certain strategies to complete the pursuit task. In order to verify the effectiveness of this algorithm, some comparing experiments have been done with the instantaneous greedy optimal auction algorithm; the results of experiments show that the total pursuit time and total team revenue can be optimized by using this algorithm.
Average Bandwidth Allocation Model of WFQ

Directory of Open Access Journals (Sweden)

Tomáš Balogh

2012-01-01

Full Text Available We present a new iterative method for the calculation of average bandwidth assignment to traffic flows using a WFQ scheduler in IP based NGN networks. The bandwidth assignment calculation is based on the link speed, assigned weights, arrival rate, and average packet length or input rate of the traffic flows. We prove the model outcome with examples and simulation results using NS2 simulator.
Research on Multirobot Pursuit Task Allocation Algorithm Based on Emotional Cooperation Factor

Directory of Open Access Journals (Sweden)

Baofu Fang

2014-01-01

Full Text Available Multirobot task allocation is a hot issue in the field of robot research. A new emotional model is used with the self-interested robot, which gives a new way to measure self-interested robots’ individual cooperative willingness in the problem of multirobot task allocation. Emotional cooperation factor is introduced into self-interested robot; it is updated based on emotional attenuation and external stimuli. Then a multirobot pursuit task allocation algorithm is proposed, which is based on emotional cooperation factor. Combined with the two-step auction algorithm recruiting team leaders and team collaborators, set up pursuit teams, and finally use certain strategies to complete the pursuit task. In order to verify the effectiveness of this algorithm, some comparing experiments have been done with the instantaneous greedy optimal auction algorithm; the results of experiments show that the total pursuit time and total team revenue can be optimized by using this algorithm.
Research on air and missile defense task allocation based on extended contract net protocol

Science.gov (United States)

Zhang, Yunzhi; Wang, Gang

2017-10-01

Based on the background of air and missile defense distributed element corporative engagement, the interception task allocation problem of multiple weapon units with multiple targets under network condition is analyzed. Firstly, a mathematical model of task allocation is established by combat task decomposition. Secondly, the initialization assignment based on auction contract and the adjustment allocation scheme based on swap contract were introduced to the task allocation. Finally, through the simulation calculation of typical situation, the model can be used to solve the task allocation problem in complex combat environment.
Effects of Suboptimal Bidding in Combinatorial Auctions

Science.gov (United States)

Schneider, Stefan; Shabalin, Pasha; Bichler, Martin

Though the VCG auction assumes a central place in the mechanism design literature, there are a number of reasons for favoring iterative combinatorial auction designs. Several promising ascending auction formats have been developed throughout the past few years based on primal-dual and subgradient algorithms and linear programming theory. Prices are interpreted as a feasible dual solution and the provisional allocation is interpreted as a feasible primal solution. iBundle( 3) (Parkes and Ungar 2000), dVSV (de Vries et al. 2007) and the Ascending Proxy auction (Ausubel and Milgrom 2002) result in VCG payoffs when the coalitional value function satisfies the buyer submodularity condition and bidders bid straightforward, which is an expost Nash equilibrium in that case. iBEA and CreditDebit auctions (Mishra and Parkes 2007) do not even require the buyer submodularity condition and achieve the same properties for general valuations. In many situations, however, one cannot assume bidders to bid straightforward and it is not clear from the theory how these non-linear personalized price auctions (NLPPAs) perform in this case. Robustness of auctions with respect to different bidding behavior is therefore a critical issue for any application. We have conducted a large number of computational experiments to analyze the performance of NLPPA designs with respect to different bidding strategies and different valuation models. We compare the results of NLPPAs to those of the VCG auction and those of iterative combinatorial auctions with approximate linear prices, such as ALPS (Bichler et al. 2009) and the Combinatorial Clock auction (Porter et al. 2003).
Bandwidth provisioning in infrastructure-based wireless networks employing directional antennas

Energy Technology Data Exchange (ETDEWEB)

Hasiviswanthan, Shiva [Los Alamos National Laboratory; Zhao, Bo [PENN STATE UNIV.; Vasudevan, Sudarshan [UNIV OF MASS AMHERST; Yrgaonkar, Bhuvan [PENN STATE UNIV.

2009-01-01

Motivated by the widespread proliferation of wireless networks employing directional antennas, we study the problem of provisioning bandwidth in such networks. Given a set of subscribers and one or more access points possessing directional antennas, we formalize the problem of orienting these antennas in two fundamental settings: (1) subscriber-centric, where the objective is to fairly allocate bandwidth among the subscribers and (2) provider-centric, where the objective is to maximize the revenue generated by satisfying the bandwidth requirements of subscribers. For both the problems, we first design algorithms for a network with only one access point working under the assumption that the number of antennas does not exceed the number of noninterfering channels. Using the well-regarded lexicographic max-min fair allocation as the objective for a subscriber-centric network, we present an optimum dynamic programming algorithm. For a provider-centric network, the allocation problem turns out to be NP-hard. We present a greedy heuristic based algorithm that guarantees almost half of the optimum revenue. We later enhance both these algorithms to operate in more general networks with multiple access points and no restrictions on the relative numbers of antennas and channels. A simulation-based evaluation using OPNET demonstrates the efficacy of our approaches and provides us further in insights into these problems.
Multi-Attribute Vickrey Auctions when Utility Functions are Unknown

NARCIS (Netherlands)

Máhr, T.; De Weerdt, M.M.

2006-01-01

Multi-attribute auctions allow negotiations over multiple attributes besides price. For example in task allocation, service providers can define their service by means of multiple attributes, such as quality of service, deadlines, or delay penalties. Auction mechanisms assume that the players have
Approach of the T-CONT Allocation to Increase the Bandwidth in Passive Optical Networks

Directory of Open Access Journals (Sweden)

Z. Bosternak

2017-12-01

Full Text Available This paper works with the simulation of T-CONT allocation and delay analysis in passive optical networks PON. Building our networks with the PON technology we can achieve increased data rates, however we need to ensure that the idle gaps between the particular transmissions are minimal. The primary method for the upstream time slot allocation in passive optical networks is via Multi Point Control Protocol. The baseline standard of this protocol clearly defines the use of the REPORT and GATE control messages. The two optical network elements used here, the optical network unit ONT and the optical line termination OLT, located at the central office CO, can be scheduled to allocate the time slots. Using the control messages, a more accurate scheduling algorithm can be developed, hence we can directly improve the utilization of the bandwidth as well. In this work, we introduce the basic topology of the passive optical networks, how PON works and what basic principles of bandwidth allocation have been applied. Subsequently, we suggest a selection of methods for time slot allocation and we make an analysis on the achieved results. Our main focus is on the system load, transfer delay and the analysis of the effectivity.
Bandwidth and power allocation for two-way relaying in overlay cognitive radio systems

KAUST Repository

Alsharoa, Ahmad M.; Ghazzai, Hakim; Yaacoub, Elias E.; Alouini, Mohamed-Slim

2014-01-01

In this paper, the problem of both bandwidth and power allocation for two-way multiple relay systems in overlay cognitive radio (CR) setup is investigated. In the CR overlay mode, primary users (PUs) cooperate with cognitive users (CUs) for mutual
Bandwidth Allocation Considering Priorities among Multimedia Components in Mobile Networks

OpenAIRE

Shigeki, Shiokawa; Shuji, Tasaka

2001-01-01

This paper proposes a bandwidth allocation scheme which improves degradation of communication quality due to handoffs in mobile multimedia networks. In general, a multimedia call consists of several component calls. For example, a video phone call consists of a voice call and a video call. In realistic environments, each component call included in one multimedia call may have different requirements for quality-of-service (QoS) from each other, and priorities among these component calls often ...
A multiprocessor computer simulation model employing a feedback scheduler/allocator for memory space and bandwidth matching and TMR processing

Science.gov (United States)

Bradley, D. B.; Irwin, J. D.

1974-01-01

A computer simulation model for a multiprocessor computer is developed that is useful for studying the problem of matching multiprocessor's memory space, memory bandwidth and numbers and speeds of processors with aggregate job set characteristics. The model assumes an input work load of a set of recurrent jobs. The model includes a feedback scheduler/allocator which attempts to improve system performance through higher memory bandwidth utilization by matching individual job requirements for space and bandwidth with space availability and estimates of bandwidth availability at the times of memory allocation. The simulation model includes provisions for specifying precedence relations among the jobs in a job set, and provisions for specifying precedence execution of TMR (Triple Modular Redundant and SIMPLEX (non redundant) jobs.
Allocation decisions in network industries

Energy Technology Data Exchange (ETDEWEB)

Bolle, Friedel [Europa-Universitaet Viadrina Frankfurt, Lehrstuhl Volkswirtschaftslehre, insbesondere Wirtschaftstheorie (Mikrooekonomie), Postfach 1786 15207 Frankfurt (Germany)

2008-01-15

In this paper, I want to propagate a new analytical tool: The usage of Menu Auctions for modelling complicated auctions, negotiations, rent seeking, etc. is advocated, because, contrary to 'normal' auctions and bargaining models, an arbitrary number of additional aspects can be taken into account. After concentrating on 'Truthful Equilibria' [Bernheim, B.D., Whinston, M.D., 1986. Menu auctions, resource allocation, and economic influence, Quarterly Journal of Economics, 1-31.] a certain broad class of Menu Auctions show unique and efficient allocations. Under an additional concavity condition even the equilibrium bids are unique. Two examples are discussed: the privatisation of a state-owned industry and the buying of wholesale electricity (concluding contracts with a number of producers) by a utility. These examples also serve to trace the sources of 'non-concavities' which can prevent the uniqueness of bids and can provide the auctioneer with incentives to exclude bidders from the competition. (author)
Cluster Formation and Joint Power-Bandwidth Allocation for Imperfect NOMA in DL-HetNets

KAUST Repository

Celik, Abdulkadir; Al-Qahtani, Fawaz; Radaydeh, Redha; Alouini, Mohamed-Slim

2017-01-01

and estimation errors. Then, a generic cluster formation (CF) and Power-Bandwidth Allocation (PBA) is formulated as a mixed-integer non-linear programming (MINLP) problem for downlink (DL) heterogeneous networks (HetNets). After dividing the MINLP problem
Auctioning access to networks: evidence and expectations

International Nuclear Information System (INIS)

McDaniel, T.

2003-01-01

Under very strict assumptions the outcomes that make common auction designs theoretically attractive can be expected to emerge: goods will go to those who value them most and the allocation will maximize revenue for the auctioneer. In network industries such as electricity, gas, telecommunications, rail, and airlines where agents are of different sizes and incumbency these assumptions do not always apply for a number of reasons. For example, the auctioned product may be an intermediate good, bidders are not symmetric with respect to values and information, markets are mixed, and property rights are hard to define. We discuss why it is not straightforward to make theoretical predictions about expected outcomes for these industries and use the British gas industry to discuss the importance of competition and scarcity for auctions of network capacity. (Author)
Two-dimensional priority-based dynamic resource allocation algorithm for QoS in WDM/TDM PON networks

Science.gov (United States)

Sun, Yixin; Liu, Bo; Zhang, Lijia; Xin, Xiangjun; Zhang, Qi; Rao, Lan

2018-01-01

Wavelength division multiplexing/time division multiplexing (WDM/TDM) passive optical networks (PON) is being viewed as a promising solution for delivering multiple services and applications. The hybrid WDM / TDM PON uses the wavelength and bandwidth allocation strategy to control the distribution of the wavelength channels in the uplink direction, so that it can ensure the high bandwidth requirements of multiple Optical Network Units (ONUs) while improving the wavelength resource utilization. Through the investigation of the presented dynamic bandwidth allocation algorithms, these algorithms can't satisfy the requirements of different levels of service very well while adapting to the structural characteristics of mixed WDM / TDM PON system. This paper introduces a novel wavelength and bandwidth allocation algorithm to efficiently utilize the bandwidth and support QoS (Quality of Service) guarantees in WDM/TDM PON. Two priority based polling subcycles are introduced in order to increase system efficiency and improve system performance. The fixed priority polling subcycle and dynamic priority polling subcycle follow different principles to implement wavelength and bandwidth allocation according to the priority of different levels of service. A simulation was conducted to study the performance of the priority based polling in dynamic resource allocation algorithm in WDM/TDM PON. The results show that the performance of delay-sensitive services is greatly improved without degrading QoS guarantees for other services. Compared with the traditional dynamic bandwidth allocation algorithms, this algorithm can meet bandwidth needs of different priority traffic class, achieve low loss rate performance, and ensure real-time of high priority traffic class in terms of overall traffic on the network.
Lower costs as a result of auctioning of emission rights

International Nuclear Information System (INIS)

De Bruyn, S.; Davidson, M.; Korteland, M.

2008-01-01

According to economic theory auctioning of emission allowances is not more efficient than free allocation. Free allocation of emission allowances in Europe involves product subsidy, thus removing the incentive for emission reduction. [mk] [nl
Combinatorial auctions for electronic business

Indian Academy of Sciences (India)

R. Narasimhan (Krishtel eMaging) 1461 1996 Oct 15 13:05:22

(6) Information feedback: An auction protocol may be a direct mechanism or an .... transparency of allocation decisions arise in resolving these ties. .... bidding, however more recently, combinatorial bids are allowed [50] making ...... Also, truth revelation and other game theoretic considerations are not taken into account.
Mechanism design of reverse auction on concession period and generalized quality for PPP projects

Institute of Scientific and Technical Information of China (English)

Xianjia WANG; Shiwei WU

2017-01-01

Reverse auctions of PPP projects usually require the bid to specify several characteristics of quality and the concession period to be fulfilled.This paper sets up a summary function of generalized quality,which contributes to reducing the dimensions of information.Thus,the multidimensional reverse auction model of a PPP project can be replaced by a two-dimensional direct mechanism based on the concession period and the generalized quality.Based on the theory of the revelation principle,the feasibility conditions,equilibrium solution and generalized quality requirements of such a mechanism,considering the influence of a variable investment structure are described.Moreover,two feasible multidimensional reverse auctions for implementing such a direct mechanism:Adjusting the scoring function and establishing a special reverse auction rule are built.The analysis shows that in these types of reverse auctions,optimal allocation can be achieved,the social benefit under the incomplete information will be maximized,and the private sector with the highest integrated management level wins the bid.In such a direct mechanism,the investment and financial pressure of the public sector can be reduced.
Web-based simulation tools for the allocation of cross-border transmission rights and implementation aspects in South-East Europe

Energy Technology Data Exchange (ETDEWEB)

Vukasovic, Milan [Market Management Department (UMM), VERBUND - Austrian Power Grid AG, IZD-Tower, Wagramer Strasse 19, 1220 Vienna (Austria)

2008-09-15

In South-East Europe (SEE), system operators (SO) started with the gradual implementation of market-based methods for the transmission capacity allocation. In this paper, the special web-based simulating software, developed for the daily explicit auction and allocation of tie-lines transmission rights on the borders of TSO-EPCG (Transmission System Operator of Montenegro), is presented as well as the monthly results achieved with its implementation. Details on the aforementioned simulator are given. After that, a small, coordinated flow-based internet simulator is created for the testing purposes, using PHP/MySQL and MATLAB as the development tools. The main advantages of the coordinated flow-based auction over the explicit NTC-based method are clearly underlined. Therefore, the proposed method can be a successful substitution for the currently applied market-based methods, and a step towards the open electricity market in SEE. (author)
Web-based simulation tools for the allocation of cross-border transmission rights and implementation aspects in South-East Europe

International Nuclear Information System (INIS)

Vukasovic, Milan

2008-01-01

In South-East Europe (SEE), system operators (SO) started with the gradual implementation of market-based methods for the transmission capacity allocation. In this paper, the special web-based simulating software, developed for the daily explicit auction and allocation of tie-lines transmission rights on the borders of TSO-EPCG (Transmission System Operator of Montenegro), is presented as well as the monthly results achieved with its implementation. Details on the aforementioned simulator are given. After that, a small, coordinated flow-based internet simulator is created for the testing purposes, using PHP/MySQL and MATLAB as the development tools. The main advantages of the coordinated flow-based auction over the explicit NTC-based method are clearly underlined. Therefore, the proposed method can be a successful substitution for the currently applied market-based methods, and a step towards the open electricity market in SEE. (author)

Merchant interconnector projects by generators in the EU: Profitability and allocation of capacity

International Nuclear Information System (INIS)

Koten, Silvester van

2012-01-01

When building a cross-border transmission line (a so-called interconnector) as a for-profit (merchant) project, where the regulator has required that capacity allocation be done non-discriminatorily by explicit auction, the identity of the investor can affect the profitability of the interconnector project and, once operational, the resulting allocation of its capacity. Specifically, when the investor is a generator (hereafter the integrated generator) who also can use the interconnector to export its electricity to a distant location, then, once operational, the integrated generator will bid more aggressively in the allocation auctions to increase the auction revenue and thus its profits. As a result, the integrated generator is more likely to win the auction and the capacity is sold for a higher price. This lowers the allocative efficiency of the auction, but it increases the expected ex-ante profitability of the merchant interconnector project. Unaffiliated, independent generators, however, are less likely to win the auction and, in any case, pay a higher price, which dramatically lowers their revenues from exporting electricity over this interconnector. - Highlights: ► A merchant interconnector owned by an electricity generator needs special attention of regulators. ► Even when allocation of the capacity is done by auctions, the generator will make a large profit. ► The generator will also decrease the allocation of capacity to competitors by bidding aggressively.
Recommendations on the role of auctions in a new renewable energy directive

DEFF Research Database (Denmark)

Kitzing, Lena; Islam, Marco; Soysal, Emilie Rosenlund

During the work in the AURES project, we have found evidence that auctions can be a suitable instrument for allocating support under budget and volume limitations and can achieve significant short-term efficiency gains, but it has not been proven that auctions in general are better suited to supp...
Efficient Double Auction Mechanisms in the Energy Grid with Connected and Islanded Microgrids

Science.gov (United States)

Faqiry, Mohammad Nazif

The future energy grid is expected to operate in a decentralized fashion as a network of autonomous microgrids that are coordinated by a Distribution System Operator (DSO), which should allocate energy to them in an efficient manner. Each microgrid operating in either islanded or grid-connected mode may be considered to manage its own resources. This can take place through auctions with individual units of the microgrid as the agents. This research proposes efficient auction mechanisms for the energy grid, with is-landed and connected microgrids. The microgrid level auction is carried out by means of an intermediate agent called an aggregator. The individual consumer and producer units are modeled as selfish agents. With the microgrid in islanded mode, two aggregator-level auction classes are analyzed: (i) price-heterogeneous, and (ii) price homogeneous. Under the price heterogeneity paradigm, this research extends earlier work on the well-known, single-sided Kelly mechanism to double auctions. As in Kelly auctions, the proposed algorithm implements the bidding without using any agent level private infor-mation (i.e. generation capacity and utility functions). The proposed auction is shown to be an efficient mechanism that maximizes the social welfare, i.e. the sum of the utilities of all the agents. Furthermore, the research considers the situation where a subset of agents act as a coalition to redistribute the allocated energy and price using any other specific fairness criterion. The price homogeneous double auction algorithm proposed in this research ad-dresses the problem of price-anticipation, where each agent tries to influence the equilibri-um price of energy by placing strategic bids. As a result of this behavior, the auction's efficiency is lowered. This research proposes a novel approach that is implemented by the aggregator, called virtual bidding, where the efficiency can be asymptotically maximized, even in the presence of price anticipatory bidders
An Agent-Based Auction Protocol on Mobile Devices

Directory of Open Access Journals (Sweden)

Yu-Fang Chung

2014-01-01

Full Text Available This paper proposes an English auction protocol to preserve a secure, fair, and effective online auction environment, where the operations are integrated with mobile agent technology for bidders participating in online auctions. The protocol consists of four participants, namely, registration manager, agent house, auction house, and bidder.
6 essays about auctions: a theoretical and empirical analysis. Application to power markets; 6 Essais sur les encheres: approches theorique et empirique. Application aux marches de l'electricite

Energy Technology Data Exchange (ETDEWEB)

Lamy, L

2007-06-15

This thesis is devoted to a theoretical and empirical analysis of auction mechanisms. Motivated by allocation issues in network industries, in particular by the liberalization of the electricity sector, it focus on auctions with externalities (either allocative or informational) and on multi-objects auctions. After an introduction which provides a survey of the use and the analysis of auctions in power markets, six chapters make this thesis. The first one considers standard auctions in Milgrom-Weber's model with interdependent valuations when the seller can not commit not to participate in the auction. The second and third chapters study the combinatorial auction mechanism proposed by Ausubel and Milgrom. The first of these two studies proposes a modification of this format with a final discount stage and clarifies the theoretical status of those formats, in particular the conditions such that truthful reporting is a dominant strategy. Motivated by the robustness issues of the generalizations of the Ausubel-Milgrom and the Vickrey combinatorial auctions to environments with allocative externalities between joint-purchasers, the second one characterizes the buyer-sub-modularity condition in a general model with allocative identity-dependent externalities between purchasers. In a complete information setup, the fourth chapter analyses the optimal design problem when the commitment abilities of the principal are reduced, namely she can not commit to a simultaneous participation game. The fifth chapter is devoted to the structural analysis of the private value auction model for a single-unit when the econometrician can not observe bidders' identities. The asymmetric independent private value (IPV) model is identified. A multi-step kernel-based estimator is proposed and shown to be asymptotically optimal. Using auctions data for the anglo-french electric Interconnector, the last chapter analyses a multi-unit ascending auctions through reduced forms. (author)
Essays on wholesale auctions in deregulated electricity markets

Science.gov (United States)

Baltaduonis, Rimvydas

2007-12-01

that are present in the complex-offer auctions and achieves allocative efficiency more quickly.
Auction development for the price-based electric power industry

Science.gov (United States)

Dekrajangpetch, Somgiat

The restructuring of the electric power industry is to move away from the cost-based monopolistic environment of the past to the priced-based competitive environment. As the electric power industry is restructuring in many places, there are still many problems that need to be solved. The work in this dissertation contributes to solve some of the electric power auction problems. The majority of this work is aimed to help develop good markets. A LaGrangian relaxation (LR) Centralized Daily Commitment Auction (CDCA) has been implemented. It has been shown that the solution might not be optimal nor fair to some generation companies (GENCOs) when identical or similar generating units participate in a LR CDCA based auction. Supporting information for bidding strategies on how to change unit data to enhance the chances of bid acceptance has been developed. The majority of this work is based on Single Period Commodity Auction (SPCA). Alternative structures for the SPCA are outlined. Whether the optimal solution is degenerated is investigated. Good pricing criteria are summarized and the pricing method following good pricing criteria is developed. Electricity is generally considered as a homogeneous product. When availability level is used as additional characteristic to distinct electricity, electricity can be considered a heterogeneous product. The procedure to trade electricity as a heterogeneous product is developed. The SPCA is formulated as a linear program. The basic IPLP algorithm has been extended so that sensitivity analysis can be performed as in the simplex method. Sensitivity analysis is used to determine market reach. Additionally, sensitivity analysis is used in combination with the investigation of historical auction results to provide raw data for power system expansion. Market power is a critical issue in electric power deregulation. Firms with market power have an advantage over other competitor firms in terms of market reach. Various approaches to
Complexity and Tractability Islands for Combinatorial Auctions on Discrete Intervals with Gaps

NARCIS (Netherlands)

Döcker, J.; Dorn, B.; Endriss, U.; Krüger, D.; Kaminka, G.A.; Fox, M.; Bouquet, P.; Hüllermeyer, E.; Dignum, V.; Dignum, F.; van Harmelen, F.

2016-01-01

Combinatorial auctions are mechanisms for allocating bundles of goods to agents who each have preferences over these goods. Finding an economically efficient allocation, the so-called winner determination problem, is computationally intractable in the general case, which is why it is important to
Output-based allocation as a form of protection for internationally competitive industries

International Nuclear Information System (INIS)

Haites, Erik

2003-12-01

Policies adopted by Annex B Parties to reduce their greenhouse gas (GHG) emissions are likely to increase costs for industries vulnerable to international competition in domestic or export markets. Domestic emissions trading, by enabling the aggregate emissions target to be met at least cost, helps to reduce the adverse impacts on these industries. An output-based allocation of allowances reduces the output decline due to imposition of the emissions trading program relative to a lump-sum (historic) allocation and so helps reduce the adverse impacts on these industries. The effectiveness of an output-based allocation in maintaining production must be assessed empirically because it depends on the characteristics of all of the firms covered by the trading program as well as other factors. Modeling results for a possible emissions trading program for Alberta confirm the expected impacts of an output-based allocation and indicate that the effectiveness varies across industries. While encouraging greater production, an output-based allocation lowers profits relative to a lump-sum allocation and leads to a different distribution of costs. Other policy options for reducing the output decline in industries vulnerable to international competition include lump-sum allocations or auctioned allowances combined with assistance programs for emission reduction actions or a requirement to meet 'world best' emission performance standard. These policy options should be compared with an output-based allocation in terms of effectiveness, total cost and other impacts, before a policy is adopted
Low and Expensive Bandwidth Remains Key Bottleneck for ...

African Journals Online (AJOL)

These bottlenecks have dwarfed the expectations of the citizens to fully participate in the new world economic order galvanized by e-commerce and world trade. It is estimated that M.I.T in Boston USA has bandwidth allocation that surpasses all the bandwidth allocated to Nigeria put together. Low bandwidth has been found ...
Design and Promotion Strategy of Marketing Platform of Aquatic Auction based on Internet

Science.gov (United States)

Peng, Jianliang

For the online trade and promotion of aquatic products and related materials through the network between supply and demand, the design content and effective promotional strategies of aquatic auctions online marketing platform is proposed in this paper. Design elements involve the location of customer service, the basic function of the platform including the purchase of general orders, online auctions, information dissemination, and recommendation of fine products, human services, and payment preferences. Based on network and mobile e-commerce transaction support, the auction platform makes the transaction of aquatic products well in advance. The results are important practical value for the design and application of online marketing platform of aquatic auction.
Data analysis-based autonomic bandwidth adjustment in software defined multi-vendor optical transport networks.

Science.gov (United States)

Li, Yajie; Zhao, Yongli; Zhang, Jie; Yu, Xiaosong; Jing, Ruiquan

2017-11-27

Network operators generally provide dedicated lightpaths for customers to meet the demand for high-quality transmission. Considering the variation of traffic load, customers usually rent peak bandwidth that exceeds the practical average traffic requirement. In this case, bandwidth provisioning is unmetered and customers have to pay according to peak bandwidth. Supposing that network operators could keep track of traffic load and allocate bandwidth dynamically, bandwidth can be provided as a metered service and customers would pay for the bandwidth that they actually use. To achieve cost-effective bandwidth provisioning, this paper proposes an autonomic bandwidth adjustment scheme based on data analysis of traffic load. The scheme is implemented in a software defined networking (SDN) controller and is demonstrated in the field trial of multi-vendor optical transport networks. The field trial shows that the proposed scheme can track traffic load and realize autonomic bandwidth adjustment. In addition, a simulation experiment is conducted to evaluate the performance of the proposed scheme. We also investigate the impact of different parameters on autonomic bandwidth adjustment. Simulation results show that the step size and adjustment period have significant influences on bandwidth savings and packet loss. A small value of step size and adjustment period can bring more benefits by tracking traffic variation with high accuracy. For network operators, the scheme can serve as technical support of realizing bandwidth as metered service in the future.
Path selection and bandwidth allocation in MPLS networks: a nonlinear programming approach

Science.gov (United States)

Burns, J. E.; Ott, Teunis J.; de Kock, Johan M.; Krzesinski, Anthony E.

2001-07-01

Multi-protocol Label Switching extends the IPv4 destination-based routing protocols to provide new and scalable routing capabilities in connectionless networks using relatively simple packet forwarding mechanisms. MPLS networks carry traffic on virtual connections called label switched paths. This paper considers path selection and bandwidth allocation in MPLS networks in order to optimize the network quality of service. The optimization is based upon the minimization of a non-linear objective function which under light load simplifies to OSPF routing with link metrics equal to the link propagation delays. The behavior under heavy load depends on the choice of certain parameters: It can essentially be made to minimize maximal expected utilization, or to maximize minimal expected weighted slacks (both over all links). Under certain circumstances it can be made to minimize the probability that a link has an instantaneous offered load larger than its transmission capacity. We present a model of an MPLS network and an algorithm to find and capacitate optimal LSPs. The algorithm is an improvement of the well-known flow deviation non-linear programming method. The algorithm is applied to compute optimal LSPs for several test networks carrying a single traffic class.
A comparison of Candle Auctions and Hard Close Auctions with Common Values

OpenAIRE

Sascha Füllbrunn

2009-01-01

With this study, we contribute to the literature of auction design by presenting a new auction format: the Candle auction, a popular auction in the Middle Ages. Considering a common value framework, we theoretically and experimentally point out that the Candle auction, where bidding is allowed until a stochastic deadline, yields a better outcome to the seller than the Hard Close auction, the popular eBay online auction format.
A robust internet-based auction to procure electricity forwards

International Nuclear Information System (INIS)

Woo, C.K.; Lloyd, D.; Borden, M.; Warrington, R.; Baskette, C.

2004-01-01

Securing forward contracts to manage procurement-cost risk is an intuitively appealing and economically reasonable strategy for a load-serving local distribution company (LDC) in today's volatile electricity marketplace. However, knowing what to buy does not guarantee least-cost implementation. The forward-contract price quoted by a prospective seller may not be the 'best deal' that an LDC could have obtained, especially when the forward contract desired by the LDC is not actively traded. This paper reports the results from five internet-based auctions for electricity forward contracts with non-firm delivery and varying hourly quantities held monthly by a Florida municipal utility (MU) from September 2002 to January 2003. The results confirm that a multi-round auction design is robust in realizing competitive price offers made by credit-worthy sellers, time-efficient contracting, and consistent cost savings to the MU. Thus, the Anglo-Dutch auction described herein is a reasonable substitute for generation ownership by an LDC. (author)
Point Climat no. 25 'Auction revenues in EU ETS Phase 3: a new public resource'

International Nuclear Information System (INIS)

Chevaleyre, Guillaume; Berghmans, Nicolas

2013-01-01

Among the publications of CDC Climat Research, 'Climate Briefs' presents, in a few pages, hot topics in climate change policy. This issue addresses the following points: As from 1 January 2013, auctions will become the main mode for distributing CO 2 allowances within the EU ETS. By 2020, almost one billion EUAs will be sold every year and generate income for Member States. Although sales of Phase 3 allowances have begun, uncertainty still surrounds the total amount of allowances to be auctioned. In particular, benchmark free allocations, the potential review of the auction timetable and the exemption of international flights from the EU ETS will impact the final amounts auctioned and the EUA price. These factors will affect the final auction revenues of each Member States differently. Government authorities will need to take account of the variability of this new financial resource
Pre-Auction Offers in Asymmetric First-Price and Second-Price Auctions

DEFF Research Database (Denmark)

Kirkegaard, René; Overgaard, Per Baltzer

We consider “must-sell” auctions with asymmetric buyers. First, we study auctions with two asymmetric buyers, where the distribution of valuations of the strong buyer is “stretched” relative to that of the weak buyer. Then, it is known that ineffcient first-price auctions aremore profitable...... never increase the profitability of second-price auctions, since they introduce the wrong kind of favoritism from the perspective of seller profits....... for the seller than effcient second-price auctions. This is because the former favor the weak buyer. However, we show that the seller can do one better by augmenting the first-price auction by a pre-auction offer made exclusively to the strong buyer. Should thestrong buyer reject the offer, the object is simply...
Energy efficiency in elastic-bandwidth optical networks

DEFF Research Database (Denmark)

Vizcaino, Jorge Lopez; Ye, Yabin; Tafur Monroy, Idelfonso

2011-01-01

of elastic bandwidth allocation, opens new horizons in the operation of optical networks. In this paper, we compare the network planning problem in an elastic bandwidth CO-OFDM-based network and a fixed-grid WDM network. We highlight the benefits that bandwidth elasticity and the selection of different......The forecasted growth in the Internet traffic has made the operators and industry to be concerned about the power consumption of the networks, and to become interested in alternatives to plan and operate the networks in a more energy efficient manner. The introduction of OFDM, and its property...
Bidding Strategies in Agent-based Continuous Double Auctions

NARCIS (Netherlands)

H. Ma (Huiye); H.-F. Leung

2008-01-01

htmlabstractOnline auctions are a platform to trade goods on the Internet. In this context, negotiation capabilities for software agents in continuous double auctions (CDAs) are a central concern. Agents need to be able to prepare bids for and evaluate offers on behalf of the users they represent
The Cost Effectiveness of the U.S. Export Enhancement Program Bonus Allocation Mechanism

OpenAIRE

Humei Wang; Richard J. Sexton

2004-01-01

The U.S. Export Enhancement Program is evaluated from the perspective of the cost effectiveness of its bonus allocation mechanism. The current mechanism resembles a discriminatory-price, common-value auction. However, auction theory suggests that a discriminatory auction may not be optimal in this setting for several reasons. This article evaluates the current format relative to an alternative, uniform-price auction. Estimation results reveal evidence of strategic bidder behavior under the cu...

Virtual power plant auctions

International Nuclear Information System (INIS)

Ausubel, Lawrence M.; Cramton, Peter

2010-01-01

Since their advent in 2001, virtual power plant (VPP) auctions have been implemented widely. In this paper, we describe the simultaneous ascending-clock auction format that has been used for virtually all VPP auctions to date, elaborating on other design choices that most VPP auctions have had in common as well as discussing a few aspects that have varied significantly among VPP auctions. We then evaluate the various objectives of regulators in requiring VPP auctions, concluding that the auctions have been effective devices for facilitating new entry into electricity markets and for developing wholesale power markets. (author)
Virtual power plant auctions

Energy Technology Data Exchange (ETDEWEB)

Ausubel, Lawrence M.; Cramton, Peter [Department of Economics, University of Maryland, College Park, MD 20742 (United States)

2010-12-15

Since their advent in 2001, virtual power plant (VPP) auctions have been implemented widely. In this paper, we describe the simultaneous ascending-clock auction format that has been used for virtually all VPP auctions to date, elaborating on other design choices that most VPP auctions have had in common as well as discussing a few aspects that have varied significantly among VPP auctions. We then evaluate the various objectives of regulators in requiring VPP auctions, concluding that the auctions have been effective devices for facilitating new entry into electricity markets and for developing wholesale power markets. (author)
An auction game model for pool-based electricity markets

International Nuclear Information System (INIS)

Gan, Deqiang; Wang, Jianquan; Bourcier, Donald V.

2005-01-01

A single-period auction game model for analyzing strategic behavior in pool-based electricity markets is introduced in the paper. We study the Nash equilibrium in a pure strategy sense of such games. First an equilibrium existence lemma is proved. Equilibrium characterization under tight capacity constraints is provided. Then it is demonstrated that an auction game does not possess a pure strategy Nash equilibrium under a wide range of market conditions. The paper provides a characterization of equilibrium under weak capacity constraints. We apply the introduced results to analyze market power indices presented in our earlier work and in related reports. Applications to actual market analysis, as well as limitations of the introduced model are provided. (author)
The US SO2 AUCTION: A policy recommendation for future auctions

International Nuclear Information System (INIS)

Christensen, J.L.; Thinggaard Svendsen, G.

1998-01-01

An annual discriminative and revenue-neutral auction is linked to the new Acid Rain Program which allows electric utilities all over the US to trade SO2 emission permits. This innovative SO2 auction distributes 2% of the permits in circulation and takes place at the Chicago Board of Trade. Early results showed that the auction generated a clearing price signal lower than the market price. Now the auction price seems to be determined by the outside market price. Still, in the important starting phase, a non-discriminative auction design would probably have generated better price signals since potentially severe downward biases in both seller price offers and buyer bids are due to the discriminative feature of the EPA auction. (au) 30 refs
Hybrid keyword search auctions

KAUST Repository

Goel, Ashish

2009-01-01

Search auctions have become a dominant source of revenue generation on the Internet. Such auctions have typically used per-click bidding and pricing. We propose the use of hybrid auctions where an advertiser can make a per-impression as well as a per-click bid, and the auctioneer then chooses one of the two as the pricing mechanism. We assume that the advertiser and the auctioneer both have separate beliefs (called priors) on the click-probability of an advertisement. We first prove that the hybrid auction is truthful, assuming that the advertisers are risk-neutral. We then show that this auction is superior to the existing per-click auction in multiple ways: 1. We show that risk-seeking advertisers will choose only a per-impression bid whereas risk-averse advertisers will choose only a per-click bid, and argue that both kind of advertisers arise naturally. Hence, the ability to bid in a hybrid fashion is important to account for the risk characteristics of the advertisers. 2. For obscure keywords, the auctioneer is unlikely to have a very sharp prior on the click-probabilities. In such situations, we show that having the extra information from the advertisers in the form of a per-impression bid can result in significantly higher revenue. 3. An advertiser who believes that its click-probability is much higher than the auctioneer\\'s estimate can use per-impression bids to correct the auctioneer\\'s prior without incurring any extra cost. 4. The hybrid auction can allow the advertiser and auctioneer to implement complex dynamic programming strategies to deal with the uncertainty in the click-probability using the same basic auction. The per-click and per-impression bidding schemes can only be used to implement two extreme cases of these strategies. As Internet commerce matures, we need more sophisticated pricing models to exploit all the information held by each of the participants. We believe that hybrid auctions could be an important step in this direction. The
The role of auctions and forward markets in the EU ETS: counterbalancing the cost-inefficiencies of combining generous allocation with a ban on banking

Energy Technology Data Exchange (ETDEWEB)

Ehrhart, K.M.; Hoppe, C.; Schleich, J.; Seifert, S.

2005-07-01

From an analysis of the available national allocation plans for the first period (2005-2007) of the EU emissions trading scheme (EU ETS), it can be inferred that (i) the total allocation to installations covered under the EU ETS is rather generous and (ii) most EU Member States ban the transfer of allowances (banking) into the second period (2008-2012). In this article, we explore the cost-efficiency issues associated with such a generous allocation of allowances to the trading sectors in combination with the ban on banking. It is argued that allocation to the trading sectors is higher than implied by a cost-minimization approach. Moreover, due to the reduced level of flexibility, a ban on banking increases overall compliance costs. In addition, the results of a simulation game conducted with real company participants and with a student control group suggest that a generous primary allocation in the first phase combined with a ban on banking also leads to a cost-inefficient choice of abatement measures within periods. The results of the simulations are also consistent with the conjecture that forward markets and auctioning off a part of the total quantity of allowances result in more reliable price signals and most cost-efficient outcomes. (author)
Short-run allocation of emissions allowances and long-term goals for climate policy

NARCIS (Netherlands)

Zetterberg, Lars; Wråke, Markus; Sterner, Thomas; Fischer, Carolyn; Burtraw, Dallas

We use economic analysis to evaluate grandfathering, auctioning, and benchmarking approaches for allocation of emissions allowances and then discuss practical experience from European and American schemes. In principle, auctions are superior from the viewpoints of efficiency, fairness, transparency,
Combining auctions and performance-based payments in a forest enrichment field trial in Western Kenya.

Science.gov (United States)

Khalumba, Mercelyne; Wünscher, Tobias; Wunder, Sven; Büdenbender, Mirjam; Holm-Müller, Karin

2014-06-01

Cost-effectiveness is an important aspect in the assessment of payments for environmental services (PES) initiatives. In participatory field trials with communities in Western Kenya, we combined procurement auctions for forest enrichment contracts with performance-based payments and compared the outcomes with a baseline scenario currently used by the Kenyan Forest Service. Procurement auctions were the most cost-effective. The competitive nature of the auction reduced contracting expenses (provision costs), and the result-oriented payments provided additional incentives to care for the planted seedlings, resulting in their improved survival rates (service quantity). These gains clearly exceeded increases in transaction costs associated with conducting an auction. The number of income-poor auction participants and winners was disproportionately high and local institutional buy-in was remarkably strong. Our participatory approach may, however, require adaptations when conducted at a larger scale. Although the number of contracts we monitored was limited and prohibited the use of statistical tests, our study is one of the first to reveal the benefits of using auctions for PES in developing countries. © 2014 Society for Conservation Biology.
Using contests to allocate pollution rights

International Nuclear Information System (INIS)

MacKenzie, Ian A.; Hanley, Nick; Kornienko, Tatiana

2009-01-01

In this paper we advocate a new initial allocation mechanism for a tradable pollution permit market. We outline a Permit Allocation Contest (PAC) that distributes permits to firms based on their rank relative to other firms. This ranking is achieved by ordering firms based on an observable 'external action' where the external action is an activity or characteristic of the firm that is independent of their choice of emissions in the tradable permit market. We argue that this mechanism has a number of benefits over auctioning and grandfathering. Using this mechanism efficiently distributes permits, allows for the attainment of a secondary policy objective and has the potential to be more politically appealing than existing alternatives.
Agent Based Trust Management Model Based on Weight Value Model for Online Auctions

OpenAIRE

Sathiyamoorthy, E.; Iyenger, N. Ch. Sriman Narayana; Ramachandran, V.

2010-01-01

This paper is aimed at the stipulations which arise in the traditional online auctions as a result of various anomalies in the reputation and trust calculation mechanism. We try to improve the scalability andefficiency of the online auctions by providing efficient trust management methodology considering several factors into consideration. A comparison between the performance of the auctions system with and without the agent methodology is done with good results.
Double-sided auction mechanism design in electricity based on maximizing social welfare

International Nuclear Information System (INIS)

Zou Xiaoyan

2009-01-01

An efficient electricity double-sided auction mechanism should control market power and enhance the social welfare of the electricity market. Based on this goal, the paper designs a new double-sided auction mechanism. In the new mechanism, the social welfare contribution of each participant plays a pivotal role, because this contribution is the critical factor in market clearing, payment settling, and transaction matching rules. In particular, each winner of the auction can gain transfer payments according to his contribution to social welfare in the electricity market, and this gives the mechanism the ability to control the market power of some participants. At the same time, this mechanism ensures that the market organizer balances his budget. We then conduct a theoretical and empirical analysis based on the Spanish electricity market. Both of the results show that compared to the uniform-pricing mechanism, the new mechanism can reduce market power of participants and enhance the social welfare of the electricity market.
The US SO{sub 2} AUCTION: A policy recommendation for future auctions

Energy Technology Data Exchange (ETDEWEB)

Christensen, J.L.; Thinggaard Svendsen, G

1998-07-01

An annual discriminative and revenue-neutral auction is linked to the new Acid Rain Program which allows electric utilities all over the US to trade SO2 emission permits. This innovative SO2 auction distributes 2% of the permits in circulation and takes place at the Chicago Board of Trade. Early results showed that the auction generated a clearing price signal lower than the market price. Now the auction price seems to be determined by the outside market price. Still, in the important starting phase, a non-discriminative auction design would probably have generated better price signals since potentially severe downward biases in both seller price offers and buyer bids are due to the discriminative feature of the EPA auction. (au) 30 refs.
The US SO{sub 2} AUCTION: A policy recommendation for future auctions

Energy Technology Data Exchange (ETDEWEB)

Christensen, J.L.; Thinggaard Svendsen, G.

1998-12-31

An annual discriminative and revenue-neutral auction is linked to the new Acid Rain Program which allows electric utilities all over the US to trade SO2 emission permits. This innovative SO2 auction distributes 2% of the permits in circulation and takes place at the Chicago Board of Trade. Early results showed that the auction generated a clearing price signal lower than the market price. Now the auction price seems to be determined by the outside market price. Still, in the important starting phase, a non-discriminative auction design would probably have generated better price signals since potentially severe downward biases in both seller price offers and buyer bids are due to the discriminative feature of the EPA auction. (au) 30 refs.
Hybrid keyword search auctions

KAUST Repository

Goel, Ashish; Munagala, Kamesh

2009-01-01

Search auctions have become a dominant source of revenue generation on the Internet. Such auctions have typically used per-click bidding and pricing. We propose the use of hybrid auctions where an advertiser can make a per-impression as well as a per-click bid, and the auctioneer then chooses one of the two as the pricing mechanism. We assume that the advertiser and the auctioneer both have separate beliefs (called priors) on the click-probability of an advertisement. We first prove that the hybrid auction is truthful, assuming that the advertisers are risk-neutral. We then show that this auction is superior to the existing per-click auction in multiple ways: 1. We show that risk-seeking advertisers will choose only a per-impression bid whereas risk-averse advertisers will choose only a per-click bid, and argue that both kind of advertisers arise naturally. Hence, the ability to bid in a hybrid fashion is important to account for the risk characteristics of the advertisers. 2. For obscure keywords, the auctioneer is unlikely to have a very sharp prior on the click-probabilities. In such situations, we show that having the extra information from the advertisers in the form of a per-impression bid can result in significantly higher revenue. 3. An advertiser who believes that its click-probability is much higher than the auctioneer's estimate can use per-impression bids to correct the auctioneer's prior without incurring any extra cost. 4. The hybrid auction can allow the advertiser and auctioneer to implement complex dynamic programming strategies to deal with the uncertainty in the click-probability using the same basic auction. The per-click and per-impression bidding schemes can only be used to implement two extreme cases of these strategies. As Internet commerce matures, we need more sophisticated pricing models to exploit all the information held by each of the participants. We believe that hybrid auctions could be an important step in this direction. The hybrid
Essays in auction theory

NARCIS (Netherlands)

Maasland, E.

2012-01-01

Auction theory is a branch of game theory that considers human behavior in auction markets and the ensuing market outcomes. It is also successfully used as a tool to design real-life auctions. This thesis contains five essays addressing a variety of topics within the realm of auction theory. The
Declarative Specification of Fault Tolerant Auction Protocols: The English Auction Case Study

DEFF Research Database (Denmark)

Dragoni, Nicola; Gaspari, Mauro

2012-01-01

Auction mechanisms are nowadays widely used in electronic commerce Web sites for buying and selling items among different users. The increasing importance of auction protocols in the negotiation phase is not limited to online marketplaces. In fact, the wide applicability of auctions as resource‐a...... about the specification of an English Auction protocol which tolerate crashes of bidding agents and we discuss its properties....
The value of information in explicit cross-border capacity auction regimes in electricity markets

International Nuclear Information System (INIS)

Richter, Jan; Viehmann, Johannes

2014-01-01

We study two electricity markets connected by a fixed amount of cross-border capacity. The total amount of capacity is known to all electricity traders and allocated via an auction. The capacity allocated to each bidder in the auction remains private information. We assume that traders are faced with a demand function reflecting the relationship between electricity transmitted between the markets and the spot price difference. Therefore, traders act like Bayesian–Cournot oligopolists in exercising their transmission rights when presented with incomplete information about the competitors’ capacities. Our analysis breaks down the welfare effect into three different components: Cournot behavior, capacity constraints, and incomplete information. We find that social welfare increases with the level of information with which traders are endowed. - Highlights: • We regard the utilization of explicitly auctioned cross-border capacities in electricity markets as a Bayesian Cournot game. • We analyze social welfare and find three forces diminishing it, (1) firms play a cournot game, (2) the presence of capacity constraints, (3) incomplete information. • We derive information regimes from “real world” examples and analyze their effect on social welfare
Market-Based Resource Allocation in a Wirelessly Integrated Naval Engineering Plant

Science.gov (United States)

2009-12-01

available wireless nodes will be developed. Using a multi-agent approach based on free market economics (termed market based control) will be explored...as battery power, data storage capacity, MPU time, wireless bandwidth, etc.) required to perform complex computational tasks are available only in a...network. One approach to this problem is to apply free-market economics to help allocate these resources. Free-market economies can be thought of as
Impacts of alternative allowance allocation methods under a cap-and-trade program in power sector

International Nuclear Information System (INIS)

Liu Beibei; He Pan; Zhang Bing; Bi Jun

2012-01-01

Emission trading is considered to be a cost-effective environmental economic instrument for pollution control. However, the policy design of an emission trading program has a decisive impact on its performance. Allowance allocation is one of the most important policy design issues in emission trading, not only for equity but also for policy performance. In this research, an artificial market for sulfur dioxide (SO 2 ) emission trading was constructed by applying an agent-based model. The performance of the Jiangsu SO 2 emission trading market was examined under different allowance allocation methods and transaction costs. The results showed that the market efficiency of emission trading would be affected by the allocation methods when the transaction costs are positive. The auction allowance allocation method was more efficient and had the lowest total emission control costs than the other three allocation methods examined. However, the use of this method will require that power plants pay for all of their allowance, and doing so will increase the production costs of power plants. On the other hand, output-based allowance allocation is the second best method. - Highlights: ► The impact of allowance allocation methods is examined for a cap-and-trade program. ► The market efficiency would be distinct when the transaction costs are positive. ► The auction method would have lowest total emission control costs.
Report on the behalf of the Foreign Affairs Commission on: the bill adopted by the Senate and authorizing the ratification of the joint procurement agreement for a designation by auction of common bid platforms, and the bill adopted by the Senate authorizing the ratification of the joint procurement agreement for a designation by auction of an auction control. Nr 4092 and Nr 4093

International Nuclear Information System (INIS)

Guillet, Jean-Jacques

2011-01-01

This report presents the carbon quota system as an alternative to a system based on carbon taxing. It discusses the dismissal of carbon taxing and the implementation of a system based on quotas. It outlines how useful but fragile this system is, describes the three allocation stages, and presents the auction system. Then, it discusses the objectives of both agreements, comments the case of States which do not participate to the common platform

Management of electricity network cross border capacity: allocation procedures between France and Belgium

International Nuclear Information System (INIS)

Raytchev, D.

2003-01-01

This paper tries to identify a method of allocation of the Interconnector capacity for the transport of electricity which complies best with the (conflicting) interests of users, system operators and regulators in the context of a common European market of electricity. The first part combines a historical approach with a comparative study of existing allocation procedures to show that the new joint mechanism of auctioning and market splitting, applied to the whole northern zone of UCTE is vastly superior to the existing allocation arrangement on the Franco-Belgian border. The second part discusses some problems related to the implementation of the new allocation mechanism. Here we examine some difficulties concerning ca achy auctioning (like auction methods and organisation, profit distribution and derivative markets) as well as the market splitting method (neutrality, markets without power exchanges, etc). The main obstacle facing the new method remains however the lack of willingness to address the urgent issue of reforming the present allocation procedures- a remnant from the period of centrally planned electricity systems where neighbouring monopoly companies negotiated agreements of mutual assistance. These agreements are currently kept in place by tacit inaction despite their heterogeneity and arbitrariness which slow down the emergence of a real competition capable of contesting the positions of historic operators. (authors)
A False-name-Proof Double Auction Protocol for Arbitrary Evaluation Values

Science.gov (United States)

Sakurai, Yuko; Yokoo, Makoto

We develop a new false-name-proof double auction protocol called the Generalized Threshold Price Double auction (GTPD) protocol. False-name-proofness generalizes strategy-proofness by incorporating the possibility of false-name bids, e.g., bids submitted using multiple e-mail addresses. An existing protocol called TPD protocol is false-name-proof but can handle only the cases where marginal utilities of each agent always decrease, while our new GTPD protocol can handle arbitrary evaluation values. When marginal utilities can increase, some bids cannot be divided into a single unit (e.g., an all-or-nothing bid). Due to the existence of such indivisible bids, meeting supply/demand becomes difficult. Furthermore, a seller/buyer can submit a false-name-bid by pretending to be a potential buyer/seller to manipulate allocations and payments. In the GTPD protocol, the auctioneer is required to absorb the supply-demand imbalance up to a given upper-bound. Also, the GTPD incorporate a new false-name-proof one-sided auction protocol that is guaranteed to sell/buy a certain number of units. Simulation results show that when the threshold price is set appropriately, this protocol can obtain a good social surplus, and the number of absorbed units is much smaller than the given upper-bound.
Bandwidth allocation for video under quality of service constraints

CERN Document Server

Anjum, Bushra

2014-01-01

We present queueing-based algorithms to calculate the bandwidth required for a video stream so that the three main Quality of Service constraints, i.e., end-to-end delay, jitter and packet loss, are ensured. Conversational and streaming video-based applications are becoming a major part of the everyday Internet usage. The quality of these applications (QoS), as experienced by the user, depends on three main metrics of the underlying network, namely, end-to-end delay, jitter and packet loss. These metrics are, in turn, directly related to the capacity of the links that the video traffic trave
Papers in auction theory

NARCIS (Netherlands)

Onderstal, A.M.

2002-01-01

This thesis is a collection of six papers in auction theory, with several economic applications, both to real life auctions and to other economic phenomena. In the introduction to the thesis, Onderstal argues why auction theory is an important branch of economic theory, and discusses several
The USSO2 Auction

DEFF Research Database (Denmark)

Svendsen, Gert Tinggaard; Christensen, J.L.

1999-01-01

results showed that the auction generated a clearing price signal lower than the market price. Now the auction price seems to be determined by the outside market price. Still, in the important starting phase, a non-discriminative auction design would probably have generated better price signals since...
Management of electricity network cross border capacity: allocation procedures between France and Belgium; Gestion des capacites d'echange d'electricite: methodes d'allocation entre la France et la Belgique

Energy Technology Data Exchange (ETDEWEB)

Raytchev, D. [Bordeaux-4 Univ. Montesquieu, LAREefi, 33 (France)

2003-11-01

This paper tries to identify a method of allocation of the Interconnector capacity for the transport of electricity which complies best with the (conflicting) interests of users, system operators and regulators in the context of a common European market of electricity. The first part combines a historical approach with a comparative study of existing allocation procedures to show that the new joint mechanism of auctioning and market splitting, applied to the whole northern zone of UCTE is vastly superior to the existing allocation arrangement on the Franco-Belgian border. The second part discusses some problems related to the implementation of the new allocation mechanism. Here we examine some difficulties concerning ca achy auctioning (like auction methods and organisation, profit distribution and derivative markets) as well as the market splitting method (neutrality, markets without power exchanges, etc). The main obstacle facing the new method remains however the lack of willingness to address the urgent issue of reforming the present allocation procedures- a remnant from the period of centrally planned electricity systems where neighbouring monopoly companies negotiated agreements of mutual assistance. These agreements are currently kept in place by tacit inaction despite their heterogeneity and arbitrariness which slow down the emergence of a real competition capable of contesting the positions of historic operators. (authors)
Web Auctions in Europe

NARCIS (Netherlands)

A. Pouloudi; J. Paarlberg; H.W.G.M. van Heck (Eric)

2001-01-01

textabstractThis paper argues that a better understanding of the business model of web auctions can be reached if we adopt a broader view and provide empirical research from different sites. In this paper the business model of web auctions is refined into four dimensions. These are auction model,
Priority and Negotiation Based Dynamic Spectrum Allocation Scheme for Multiple Radio Access Network Operators

Science.gov (United States)

Kim, Hoon; Hyon, Taein; Lee, Yeonwoo

Most of previous works have presented the dynamic spectrum allocation (DSA) gain achieved by utilizing the time or regional variations in traffic demand between multi-network operators (NOs). In this paper, we introduce the functionalities required for the entities related with the spectrum sharing and allocation and propose a spectrum allocation algorithm while considering the long-term priority between NOs, the priority between multiple class services, and the urgent bandwidth request. To take into account the priorities among the NOs and the priorities of multiple class services, a spectrum sharing metric (SSM) is proposed, while a negotiation procedure is proposed to treat the urgent bandwidth request.
Auction Sale Data

Data.gov (United States)

General Services Administration — This dataset contains sale data information for Agency reported items sold via GSA Auctions® Sales. The data is for closed sales during FY2009. GSA Auctions® offers...
Bandwidth Optimization in Centralized WLANs for Different Traffic Types

Directory of Open Access Journals (Sweden)

Haines RJ

2007-01-01

Full Text Available Allocating bandwidth between different forms of coexisting traffic (such as web-browsing, streaming, and telephony within a wireless LAN is a challenging and interesting problem. Centralized coordination functions in wireless LANs offer several advantages over distributed approaches, having the benefit of a system overview at the controller, but obtaining a stable configuration of bandwidth allocation for the system is nontrivial. We present, review, and compare different mechanisms to achieve this end, and a number of different means of obtaining the configurations themselves. We describe an analytical model of the system under consideration and present two mathematical approaches to derive solutions for any system configuration and deployment, along with an adaptive feedback-based solution. We also describe a comprehensive simulation-based model for the problem, and a prototype that allows comparison of these approaches. Our investigations demonstrate that a self-adaptive dynamic approach far outperforms any static scheme, and that using a mathematical model to produce the configurations themselves confers several advantages.
Multi-attribute Reverse Auction Design Based on Fuzzy Data Envelopment Analysis Approach

Directory of Open Access Journals (Sweden)

Deyan Chen

2017-08-01

Full Text Available Multi-attribute reverse auction is widely used for the procurements of enterprises or governments. To overcome the difficulty of identifying bidding attribute weight and score function of the buyer, the multi-round auction and bidding models with multiple winners are established based on fuzzy data envelopment analysis. The winner determination model of the buyer considers the integrated input-output efficiency of k winners. The bidding strategy of seller is divided into two parts: the first one estimates the weight of the ideal supplier that is thought to be the buyer’s preference; the second one is to calculate the weight of the test supplier which reflects the change trend of current weights and the seller’s weakness. The final predicted weight is the weighted sum of both. On the basis of known weight, the test supplier can improve his efficiency to increase the winning chance in the next round auction. Our models comprise crisp numbers and fuzzy numbers. Finally, a numerical example verifies the validity of the proposed models.
Dynamic spectrum auction in wireless communication

CERN Document Server

Chen, Yanjiao

2015-01-01

This brief explores current research on dynamic spectrum auctions, focusing on fundamental auction theory, characteristics of the spectrum market, spectrum auction architecture and possible auction mechanisms. The brief explains how dynamic spectrum auctions, which enable new users to gain spectrum access and existing spectrum owners to obtain financial benefits, can greatly improve spectrum efficiency by resolving the artificial spectrum shortage. It examines why operators and users face significant challenges due to specialty of the spectrum market and the related requirements imposed on the auction mechanism design. Concise and up-to-date, Dynamic Spectrum Auction in Wireless Communication is designed for researchers and professionals in computer science or electrical engineering. Students studying networking will also find this brief a valuable resource.
Auctioning incentive contracts: an experimental study

NARCIS (Netherlands)

Onderstal, S.; van de Meerendonk, A.

2009-01-01

In this note, we experimentally examine the relative performance of price-only auctions and multi-attribute auctions. We do so in procurement settings where the buyer can give the winning bidder incentives to exert effort on non-price dimensions after the auction. Both auctions theoretically
BSEA: A Blind Sealed-Bid E-Auction Scheme for E-Commerce Applications

Directory of Open Access Journals (Sweden)

Rohit Kumar Das

2016-12-01

Full Text Available Due to an increase in the number of internet users, electronic commerce has grown significantly during the last decade. Electronic auction (e-auction is one of the famous e-commerce applications. Even so, security and robustness of e-auction schemes still remain a challenge. Requirements like anonymity and privacy of the b i d value are under threat from the attackers. Any auction protocol must not leak the anonymity and the privacy of the b i d value of an honest Bidder. Keeping these requirements in mind, we have firstly proposed a controlled traceable blind signature scheme (CTBSS because e-auction schemes should be able to trace the Bidders. Using CTBSS, a blind sealed-bid electronic auction scheme is proposed (BSEA. We have incorporated the notion of blind signature to e-auction schemes. Moreover, both the schemes are based upon elliptic curve cryptography (ECC, which provides a similar level of security with a comparatively smaller key size than the discrete logarithm problem (DLP based e-auction protocols. The analysis shows that BSEA fulfills all the requirements of e-auction protocol, and the total computation overhead is lower than the existing schemes.
Discovering the game in auctions

NARCIS (Netherlands)

Kaisers, M.; Tuyls, K.P.; Thuijsman, F.; Parsons, S.; Nijholt, A.; Pantic, M.

2008-01-01

Auctions are pervasive in today’s society. They provide a variety of markets, ranging from consumer-toconsumer online auctions to government-to-business auctions for telecommunications spectrum licenses. Starting from a set of trading strategies, this article enables a strategic choice by
Auction game in electric power market place

International Nuclear Information System (INIS)

Kumar, J.; Sheble, G.

1996-01-01

The power industry in the US is presently an evolving changing business environment. While planning to meet future peak demand is still a concern, the efficient utilization of existing generation and transmission resources is fast becoming a primary interest. This interest suggests a move from cost-based market operations to price based market operations. Auction market structure is one of the various ways to perform price based operation. Such a market place would be very new and challenging to all players of the electric power industry. This paper describes an overview of the new business environment. The paper presents a detailed description of the auction game. The trading objectives in the bidding game are defined. The framework of auction process is described by defining the rules to play the game. Finally, strategies for market players are discussed
Effective Bandwidth Allocation for WiMAX Mesh Network

Directory of Open Access Journals (Sweden)

Hung-Chin Jang

2010-04-01

Full Text Available The aim of this paper is to reduce the media access delay in a WiMAX mesh network. We observe that as the number of subscriber stations (SS in a neighborhood increases, the processes of transmission opportunity (TO competition and 3- way handshake are easy to fail. This may degrade transmission efficiency and increase packet transmission delay. Besides, the minislot allocation defined in the WiMAX mesh mode may cause many lower priority services reserve earlier minislots than that of higher priority services like rtPS. This may cause great negative impact on delay-sensitive traffic. In this paper, we design a QoS classifier to enqueue packets according to different QoS service classes, present a dynamic holdoff exponent mechanism to reduce control subframe delay, and propose a Neighborhood-Based Minislot Allocation (NBMA mechanism to reduce data subframe delay. Simulations show that the proposed methodology outperforms that of IEEE 802.16 and Baye's DynExp in delay, jitter and throughput.
China's Land Market Auctions: Evidence of Corruption?

Science.gov (United States)

Cai, Hongbin; Henderson, J Vernon; Zhang, Qinghua

2013-01-01

This paper studies the urban land market in China in 2003-2007. In China, all urban land is owned by the state. Leasehold use rights for land for (re)development are sold by city governments and are a key source of city revenue. Leasehold sales are viewed as a major venue for corruption, prompting a number of reforms over the years. Reforms now require all leasehold rights be sold at public auction. There are two main types of auction: regular English auction and an unusual type which we call a "two stage auction". The latter type of auction seems more subject to corruption, and to side deals between potential bidders and the auctioneer. Absent corruption, theory suggests that two stage auctions would most likely maximize sales revenue for properties which are likely to have relatively few bidders, or are "cold", which would suggest negative selection on property unobservables into such auctions. However, if such auctions are more corruptible, that could involve positive selection as city officials divert hotter properties to a more corruptible auction form. The paper finds that, overall, sales prices are lower for two stage auctions, and there is strong evidence of positive selection. The price difference is explained primarily by the fact that two stage auctions typically have just one bidder, or no competition despite the vibrant land market in Chinese cities.
Development of modified rational buyer auction for procurement of ancillary services utilizing participation matrix

International Nuclear Information System (INIS)

Jamalzadeh, R.; Ardehali, M.M.; Rashidinejad, M.

2008-01-01

The rational buyer auction is based on a simultaneous auction that is the redesigned auction mechanism for ancillary services by the California independent system operator (CAISO). The incentive for the rational buyer auction is CAISO's intent to adopt a common sense rule of substituting higher-quality lower-cost services for lower-quality higher-cost services, when it results in reduced total procurement cost. For the purposes of designing a desirable auction where the minimum cost for the objective function as well as prevention of price reversal are achieved, either the payment cost in marginal pricing auction must be lowered or price reversal in rational buyer auction must be avoided. The objectives of this study are (a) to develop a newly proposed 'modified rational buyer' auction that does not allow price reversal and (b) to propose and validate a solution procedure that is based on participation matrix and discrete programming. The validation of the proposed solution procedure is accomplished through examination of two case studies available in the literature. Based on the first case study data, it is shown that the newly developed modified rational buyer auction avoids price reversal occurrence, while the total payment of ISO is increased by 5.8%, as compared with rational buyer auction. Also in comparison with marginal pricing auction, the ISO payment is lowered by 38.8%, when the newly developed modified rational buyer auction is utilized. For future work, it is recommended that the application of the modified rational buyer auction to joint dispatch of energy and ancillary services is investigated
Efficient Bandwidth Management for Ethernet Passive Optical Networks

KAUST Repository

Elrasad, Amr Elsayed M.

2016-05-15

The increasing bandwidth demands in access networks motivates network operators, networking devices manufacturers, and standardization institutions to search for new approaches for access networks. These approaches should support higher bandwidth, longer distance between end user and network operator, and less energy consumption. Ethernet Passive Optical Network (EPON) is a favorable choice for broadband access networks. EPONs support transmission rates up to 10 Gbps. EPONs also support distance between end users and central office up to 20 Km. Moreover, optical networks have the least energy consumption among all types of networks. In this dissertation, we focus on reducing delay and saving energy in EPONs. Reducing delay is essential for delay-sensitive traffic, while minimizing energy consumption is an environmental necessity and also reduces the network operating costs. We identify five challenges, namely excess bandwidth allocation, frame delineation, congestion resolution, large round trip time delay in long-reach EPONs (LR-EPONs), and energy saving. We provide a Dynamic Bandwidth Allocation (DBA) approach for each challenge. We also propose a novel scheme that combines the features of the proposed approaches in one highly performing scheme. Our approach is to design novel DBA protocols that can further reduce the delay and be simultaneously simple and fair. We also present a dynamic bandwidth allocation scheme for Green EPONs taking into consideration maximizing energy saving under target delay constraints. Regarding excess bandwidth allocation, we develop an effective DBA scheme called Delayed Excess Scheduling (DES). DES achieves significant delay and jitter reduction and is more suitable for industrial deployment due to its simplicity. Utilizing DES in hybrid TDM/WDM EPONs (TWDM-EPONs) is also investigated. We also study eliminating the wasted bandwidth due to frame delineation. We develop an interactive DBA scheme, Efficient Grant Sizing Interleaved

Probabilistic Bandwidth Assignment in Wireless Sensor Networks

OpenAIRE

Khan , Dawood; Nefzi , Bilel; Santinelli , Luca; Song , Ye-Qiong

2012-01-01

International audience; With this paper we offer an insight in designing and analyzing wireless sensor networks in a versatile manner. Our framework applies probabilistic and component-based design principles for the wireless sensor network modeling and consequently analysis; while maintaining flexibility and accuracy. In particular, we address the problem of allocating and reconfiguring the available bandwidth. The framework has been successfully implemented in IEEE 802.15.4 using an Admissi...
40 CFR 73.73 - Delegation of auctions and sales and termination of auctions and sales.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 16 2010-07-01 2010-07-01 false Delegation of auctions and sales and termination of auctions and sales. 73.73 Section 73.73 Protection of Environment ENVIRONMENTAL PROTECTION... Independent Power Producers Written Guarantee § 73.73 Delegation of auctions and sales and termination of...
Auction Mechanism of Micro-Grid Project Transfer

Directory of Open Access Journals (Sweden)

Yong Long

2017-10-01

Full Text Available Micro-grid project transfer is the primary issue of micro-grid development. The efficiency and quality of the micro-grid project transfer directly affect the quality of micro-grid project construction and development, which is very important for the sustainable development of micro-grid. This paper constructs a multi-attribute auction model of micro-grid project transfer, which reflects the characteristics of micro-grid system and the interests of stakeholders, calculates the optimal bidding strategy and analyzes the influence of relevant factors on auction equilibrium by multi-stage dynamic game with complete information, and makes a numerical simulation analysis. Results indicate that the optimal strategy of auction mechanism is positively related to power quality, energy storage quality, and carbon emissions. Different from the previous lowest price winning mechanism, the auction mechanism formed in this paper emphasizes that the energy suppliers which provide the comprehensive optimization of power quality, energy storage quality, carbon emissions, and price will win the auction, when both the project owners and energy suppliers maximize their benefits under this auction mechanism. The auction mechanism is effective because it is in line with the principle of individual rationality and incentive compatibility. In addition, the number of energy suppliers participating in the auction and the cost of the previous auction are positively related to the auction equilibrium, both of which are adjusting the equilibrium results of the auction. At the same time, the utilization rate of renewable energy and the comprehensive utilization of energy also have a positive impact on the auction equilibrium. In the end, this paper puts forward a series of policy suggestions about micro-grid project auction. The research in this paper is of great significance to improve the auction quality of micro-grid projects and promote the sustainable development of micro-grid.
Team Organization Method Using Salary Auction Game for Sustainable Motivation

Directory of Open Access Journals (Sweden)

Sangkyun Kim

2015-10-01

Full Text Available In performing team-based projects in engineering class, students usually face many problems, such as free-riding, lack of responsibility, boredom, and insufficient initiative. This papers proposes a new method for performing team-based projects in engineering class—specifically, a gamified method for team organization using a salary auction game. On the description of the design and use of a salary auction game in engineering class, a case study conducted using a survey method is reported to validate the practical value of the proposed auction game. The salary auction game proposed in this paper demonstrates that a gamified team organization method in engineering class could be used as an effective tool to enhance motivation and to improve learning outcomes of engineering students.
40 CFR 73.70 - Auctions.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 16 2010-07-01 2010-07-01 false Auctions. 73.70 Section 73.70... ALLOWANCE SYSTEM Auctions, Direct Sales, and Independent Power Producers Written Guarantee § 73.70 Auctions... allowances pursuant to paragraph (c) of this section and § 73.72(q) in the amounts and at the times provided...
Allocation of carbon permits within a country. A general equilibrium analysis of the United Kingdom

International Nuclear Information System (INIS)

Edwards, T.H.; Hutton, J.P.

2001-01-01

The Kyoto agreement includes international trade in carbon permits from 2008. We have used a CGE model to evaluate methods of allocating permits within the UK. Auctioning is broadly similar to a carbon tax, with revenues recycled to reduce other distortions. 'Grandfathering' some permits free to large firms would mean a loss of recycling and, possibly, give windfall profits to foreigners. Alternatively, regularly revised allocation, using 'best practice' estimates, would be similar to recycling revenue as an output subsidy. Such a system could allow much of the potential 'double dividend' to be realised, though an auction system might still be preferable
Essays on empirical analysis of multi-unit auctions: Impacts of financial transmission rights on the restructured electricity industry

Science.gov (United States)

Zang, Hailing

This dissertation uses recently developed empirical methodologies for the study of multi-unit auctions to test the impacts of Financial Transmission Rights (FTRs) on the competitiveness of restructured electricity markets. FTRs are a special type of financial option that hedge against volatility in the cost of transporting electricity over the grid. Policy makers seek to use the prices of FTRs as market signals to incentivize efficient investment and utilization of transmission capacity. However, prices will not send the correct signals if market participants strategically use FTRs. This dissertation uses data from the Texas electricity market to test whether the prices of FTRs are efficient to achieve such goals. The auctions studied are multi-unit, uniform-price, sealed-bid auctions. The first part of the dissertation studies the auctions on the spot market of the wholesale electricity industry. I derive structural empirical models to test theoretical predictions as to whether bidders fully internalize the effect of FTRs on profits into their bidding decisions. I find that bidders are learning as to how to optimally bid above marginal cost for their inframarginal capacities. The bidders also learn to bid to include FTRs into their profit maximization problem during the course of the first year. But starting from the second year, they deviated from optimal bidding that includes FTRs in the profit maximization problems. Counterfactual analysis show that the primary effect of FTRs on market outcomes is changing the level of prices rather than production efficiency. Finally, I find that in most months, the current allocations of FTRs are statistically equivalent to the optimal allocations. The second part of the dissertation studies the bidding behavior in the FTR auctions. I find that FTRs' strategic impact on the FTR purchasing behavior is significant for large bidders---firms exercising market power in the FTR auctions. Second, trader forecasts future FTR credit
Selling pictures: the illustrated auction catalogue

Directory of Open Access Journals (Sweden)

Elizabeth Pergam

2014-12-01

Full Text Available This essay is based upon a survey of reproductions in auction catalogues – from their first appearance in the early eighteenth century until their more consistent use in the second decade of the twentieth century. Examining the role of these illustrations sheds light on how auctions functioned; it was not just the works of art that were traded, but knowledge about those works of art became currency to be exchanged. In contrast to the high end engravings and photographs of luxury illustrated art books, reproductions in auction catalogues – publications produced as ephemeral marketing tools – were of noticeably lower quality. This study of the status of reproductions, therefore, investigates the evolving understanding of art knowledge, both aesthetic and economic, and the interdependence of the market and connoisseurship.
A uniform price auction with locational price adjustments for competitive electricity markets

International Nuclear Information System (INIS)

Ethier, R.; Mount, T.; Schulze, W.; Zimmerman, R.; Thomas, R.

1999-01-01

Competitive electricity markets which rely on centralized dispatch require a mechanism to solicit offers from competing generators. Ideally, such an auction mechanism, provides incentives to submit offers equal to the marginal cost of generation for each generator. Economic theory suggests that the Uniform Price auction is an appropriate institution. However, an efficient implementation of this auction in an electricity context requires that the offers used in the auction reflect the appropriate locational price adjustments for transmission losses and congestion. This paper describes a uniform price auction that incorporates locational price adjustments on a Web-based platform suitable for experimentation. Preliminary results show dramatically different price and revenue results when compared with a simple continuous Discriminative auction. (author)
Auctions with competing sellers and behavioral bidders

NARCIS (Netherlands)

Delnoij, J.M.J.

2016-01-01

With the rise of the Internet, the use of auctions has become increasingly prevalent. Nowadays, consumers can buy a myriad of goods by means of online auctions – cars, holidays, clothing, sports items, electronics and even lab equipment are auctioned on the Internet. Economists have studied auctions
Auctions for renewable energy support - Taming the beast of competitive bidding

DEFF Research Database (Denmark)

Mora Alvarez, David Fernando; Kitzing, Lena; Soysal, Emilie Rosenlund

countries. These insights are based on theoretical and empirical analysis (energy auctions in 12 European countries and 8 non-European countries), the use of state of the art simulation models and experiments, and through cooperation cases with some Member States providing tailor-made policy support...... in the implementation of auctions. AURES contributed to a strong knowledge-sharing with workshops, webinars, bi- and multilateral meetings, an interactive website and dedicated auction tools (AURES cash flow model and AURES auction designer). This final report covers a discussion of major findings and insights...
modeling the effect of bandwidth allocation on network performance

African Journals Online (AJOL)

Using MATLAB, simulations were then .... of the network resource. Network bandwidth design, simulation, and management ... encoder processes longer signal data blocks, which entails longer ... c is the modulated signal carrier. However, the ...
Bidding behavior in a symmetric Chinese auction

Directory of Open Access Journals (Sweden)

Mauricio Benegas

2015-01-01

Full Text Available This paper purposes a symmetric all-pay auction where the bidders compete neither for an object nor the object itself but for a lottery on receive. That lottery is determined endogenously through the bids. This auction is known as chance auction or more popularly as Chinese auction. The model considers the possibility that for some bidders the optimal strategy is to bid zero and to rely on luck. It showed that bidders become less aggressive when the lottery satisfies a variational condition. It was also shown that luck factor is decisive to determine if the expected payoff in Chinese auction is bigger or smaller than expected payoff in standard all-pay auction.
7 CFR 1955.148 - Auction sales.

Science.gov (United States)

2010-01-01

... complexity of the sale. When the services of a professional auctioneer are advisable, the services will be... 7 Agriculture 14 2010-01-01 2009-01-01 true Auction sales. 1955.148 Section 1955.148 Agriculture... REGULATIONS (CONTINUED) PROPERTY MANAGEMENT Disposal of Inventory Property General § 1955.148 Auction sales...
Exploring Online Auction Behaviors and Motivations

Science.gov (United States)

Jeon, Sua; Crutsinger, Christy; Kim, Haejung

2008-01-01

The availability and convenience of the Internet, combined with the variety of products available at any given time, have contributed to the success of online auctions.This exploratory study examined online auction behaviors among college students in an attempt to identify underlying dimensions of auction motivations. Questionnaires completed by…
Convergent Double Auction Mechanism for a Prosumers’ Decentralized Smart Grid

Directory of Open Access Journals (Sweden)

Tadahiro Taniguchi

2015-10-01

Full Text Available In this paper, we propose a novel automated double auction mechanism called convergent linear function submission-based double-auction (CLFS-DA for a prosumers’ decentralized smart grid. The target decentralized smart grid is a regional electricity network that consists of many prosumers that have a battery and a renewable energy-based generator, such as photovoltaic cells. In the proposed double-auction mechanism, each intelligent software agent representing each prosumer submits linear demand and supply functions to an automated regional electricity market where they are registered. It is proven that the CLFS-DA mechanism is guaranteed to obtain one of the global optimal price profiles in addition to it achieving an exact balance between demand and supply, even through the learning period. The proof of convergence is provided on the basis of the theory of LFS-DA, which gives a clear bridge between a function submission-based double auction and a dual decomposition (DD-based real-time pricing procedure. The performance of the proposed mechanism is demonstrated numerically through a simulation experiment.
Statistical Properties of Online Auctions

Science.gov (United States)

Namazi, Alireza; Schadschneider, Andreas

We characterize the statistical properties of a large number of online auctions run on eBay. Both stationary and dynamic properties, like distributions of prices, number of bids etc., as well as relations between these quantities are studied. The analysis of the data reveals surprisingly simple distributions and relations, typically of power-law form. Based on these findings we introduce a simple method to identify suspicious auctions that could be influenced by a form of fraud known as shill bidding. Furthermore the influence of bidding strategies is discussed. The results indicate that the observed behavior is related to a mixture of agents using a variety of strategies.
China’s Land Market Auctions: Evidence of Corruption?

Science.gov (United States)

Cai, Hongbin; Henderson, J. Vernon; Zhang, Qinghua

2013-01-01

This paper studies the urban land market in China in 2003—2007. In China, all urban land is owned by the state. Leasehold use rights for land for (re)development are sold by city governments and are a key source of city revenue. Leasehold sales are viewed as a major venue for corruption, prompting a number of reforms over the years. Reforms now require all leasehold rights be sold at public auction. There are two main types of auction: regular English auction and an unusual type which we call a “two stage auction”. The latter type of auction seems more subject to corruption, and to side deals between potential bidders and the auctioneer. Absent corruption, theory suggests that two stage auctions would most likely maximize sales revenue for properties which are likely to have relatively few bidders, or are “cold”, which would suggest negative selection on property unobservables into such auctions. However, if such auctions are more corruptible, that could involve positive selection as city officials divert hotter properties to a more corruptible auction form. The paper finds that, overall, sales prices are lower for two stage auctions, and there is strong evidence of positive selection. The price difference is explained primarily by the fact that two stage auctions typically have just one bidder, or no competition despite the vibrant land market in Chinese cities. PMID:25506125
Advantaged Bidders in Franchise Auctions

OpenAIRE

van den Berg, V.A.C.

2012-01-01

Consider a government that auctions a franchise for, e.g., an airport, telecommunication network, or utility. Consider an 'incumbent bidder' that owns a complement or substitute. With an auction on the transfer (i.e. payment) to the government, the incumbent is advantaged.If the government regulates the market with an auction on the price asked to consumers, it depends who is advantaged. With complements, the incumbent is advantaged: it can set a lower price on the new franchise, as this inc...
77 FR 38803 - Mobility Fund Phase I Auction Updated Data For Auction 901

Science.gov (United States)

2012-06-29

... FEDERAL COMMUNICATIONS COMMISSION [AU Docket No. 12-25; DA 12-990] Mobility Fund Phase I Auction... files of census blocks eligible for the Mobility Fund Phase I support to be offered in Auction 901... 32092, May 31, 2012, the Bureaus described how they identified census blocks eligible for the Mobility...

Modeling the Effect of Bandwidth Allocation on Network Performance

African Journals Online (AJOL)

... The proposed model showed improved performance for CDMA networks, but further increase in the bandwidth did not benefit the network; (iii) A reliability measure such as the spectral efficiency is therefore useful to redeem the limitation in (ii). Keywords: Coverage Capacity, CDMA, Mobile Network, Network Throughput ...
The IFIEC method for the allocation of CO2 allowances in the EU Emissions Trading Scheme. A review applied to the electricity sector

International Nuclear Information System (INIS)

Bart Wesselink; Sebastian Klaus Alyssa; Gilbert Kornelis Blok

2008-03-01

Recently the European Commission has published a proposal to improve the function of the EU-ETS by amending the Directive which establishes the EU-ETS. The main changes proposed are the establishment of one EU-wide cap and the use of auctioning for a much greater share of allowances than is currently the case, replacing most of the allocation free of charge. Auctioning of allowances will eliminate the so-called windfall profits that occur under the current allocation free of charge that is based on historic production and emission levels; a grandfathering approach. IFIEC EUROPE, the international federation of industrial energy consumers, asked Ecofys to review the method that IFIEC has developed in recent years to allocate CO2 allowances in the EU emissions trading scheme (EU-ETS). According to IFIEC, their allocation method guarantees the same environmental outcome as other methods, without causing windfall profits and with lower risks of competitiveness loss for so-called exposed industrial users of electricity. It was decided to focus this study on the European electricity sector. This was done for several reasons: CO2 emissions from electricity generation cover a large part of the overall emission under EU-ETS, the electricity sector has a single well defined output (electricity) that can be used to illustrate the potential impact of the IFIEC benchmark based allocation approach, and electricity is a substantial cost factor for IFIEC members. This evaluation covers many aspects of IFIEC's method and compares these with two other allocation methods: auctioning and historic grandfathering. Within the IFIEC method two example approaches are evaluated: a single benchmark for electricity production and fuel-specific benchmarks for coal and gas fired electricity production. In the evaluation, we cover the following aspects: What is the IFIEC method; how does it differ from other allocation methods in character (chapter 2); What is the impact of different allocation
Experiences with auctions for renewable energy support

DEFF Research Database (Denmark)

Mora Alvarez, David Fernando; Islam, Marco; Soysal, Emilie Rosenlund

2017-01-01

Auctions is an increasingly popular instrument for introducing competitiveness in the support schemes for renewable energy, however, designing successful auctions appears to be a challenge. Policy makers seeking to introduce auctions are faced with a range of design choices, which may affect...
Auction approaches of long-term contracts to ensure generation investment in electricity markets: Lessons from the Brazilian and Chilean experiences

International Nuclear Information System (INIS)

Moreno, R.; Barroso, L.A.; Rudnick, H.; Mocarquer, S.; Bezerra, B.

2010-01-01

The implementation of auctions of long-term electricity contracts is arising as an alternative to ensure generation investment and therefore achieve a reliable electricity supply. The aim is to reconcile generation adequacy with efficient energy purchase, correct risk allocation among investors and consumers, and the politico-economic environment of the country. In this paper, a generic proposal for a long-term electricity contracts approach is made, including practical design concepts for implementation. This proposal is empirically derived from the auctions implemented in Brazil and Chile during the last 6 years. The study is focused on practices and lessons which are especially useful for regulators and policy makers that want to facilitate the financing of new desirable power plants in risky environments and also efficiently allocate supply contracts among investors at competitive prices. Although this mechanism is generally seen as a significant improvement in market regulation, there are questions and concerns on auction performance that require careful design and which are identified in this paper. In addition, the experiences and proposal described can serve to derive further mechanisms in order to promote the entrance of particular generation technologies, e.g. renewables, in the developed world and therefore achieve a clean electricity supply.
Implementing a Multi-Agent System in Python with an Auction-Based Agreement Approach

DEFF Research Database (Denmark)

Ettienne, Mikko Berggren; Vester, Steen; Villadsen, Jørgen

2012-01-01

We describe the solution used by the Python-DTU team in the Multi-Agent Programming Contest 2011, where the scenario was called Agents on Mars. We present our auction-based agreement algorithm and discuss our chosen strategy and our choice of technology used for implementing the system. Finally, we...
Auction design for the wireless spectrum market

CERN Document Server

Lin, Peng; Zhang, Qian

2014-01-01

This Brief introduces the wireless spectrum market and discusses the current research for spectrum auctions. It covers the unique properties of spectrum auction, such as interference relationship, reusability, divisibility, composite effect and marginal effect, while also proposing how to build economic incentives into the network architecture and protocols in order to optimize the efficiency of wireless systems.Three scenarios for designing new auctions are demonstrated. First, a truthful double auction scheme for spectrum trading considering both the heterogeneous propagation properties of c
Cluster Formation and Joint Power-Bandwidth Allocation for Imperfect NOMA in DL-HetNets

KAUST Repository

Celik, Abdulkadir

2017-04-15

Non-orthogonal multiple access (NOMA) has recently drawn attentions on its ability to fairly serve multiple users on the same radio resource with a desirable performance. However, achievable NOMA gain is primarily limited by channel gain disparity and successive interference cancellation (SIC) receiver characteristics. Accordingly, we introduce an imperfect SIC receiver model considering the power disparity and sensitivity constraints, delay tolerance, and residual interference due to detection and estimation errors. Then, a generic cluster formation (CF) and Power-Bandwidth Allocation (PBA) is formulated as a mixed-integer non-linear programming (MINLP) problem for downlink (DL) heterogeneous networks (HetNets). After dividing the MINLP problem into mixed-integer and non-linear subprobems, we first transform CF into a multi-partite matching, which is solved sequentially using bi-partite matching techniques. For sumrate maximization, max-min fairness, and energy & spectrum efficiency objectives, we secondly put highly non-convex joint PBA into a convex form using geometric programming (GP). Extensive simulations unleash the potential of NOMA to handle large number of users, traffic offloading, and user fairness.
Choosing between Auctions and Negotiations in Online B2B Markets for IT Services: The Effect of Prior Relationships and Performance

NARCIS (Netherlands)

U.L. Radkevitch (Uladzimir); H.W.G.M. van Heck (Eric); O.R. Koppius (Otto)

2008-01-01

textabstractThe choice of contract allocation mechanism in procurement affects such aspects of transactions as information exchange between buyer and supplier, supplier competition, pricing and, eventually, performance. In this study we investigate the buyer’s choice between reverse auctions and
Auction-theoretic analyses of the first offshore wind energy auction in Germany

Science.gov (United States)

Kreiss, J.; Ehrhart, K.-M.; Hanke, A.-K.

2017-11-01

The first offshore wind energy auction in Germany led to a striking result. The average award price was 0.44 ct/kWh and even more interesting, 3 out of 4 awarded projects had a strike price of 0.0 ct/kWh. That implies that those projects will only receive the actual wholesale market price for electricity as revenue. Although there has been a strong decline in costs of offshore wind projects, such a result is still surprising. We analyzed this result auction-theoretically and showed how the auction design and the market environment can explain part of the outcome. However, another aspect of the explanation is the high risk that the awarded bidders take regarding the future development of both the project costs and the wholesale market price.
Reserve price: Lessons learned from Brazilian electricity procurement auctions

International Nuclear Information System (INIS)

Rego, Erik Eduardo

2013-01-01

Auctions have been used in several formats in the electric energy industry. In general, regulators may be uncomfortable initiating a reverse auction at a higher-than-expected final price, fearing that participants may sell their energy at an excess profitability. Nevertheless, evidence from electricity procurement auctions conducted in Brazil supports the findings that these types of auctions have the opposite effect. By attracting a larger number of agents, these auctions can trigger stronger competition and lead to lower settlement pricing. Accordingly, the Brazilian cases examined in this article present significant evidence to support this directional theory. In fact, there are some cases of electricity procurement auctions that show that inadequate auction reserve pricing leads to inefficient outcomes and may also cause the auction to fail. On the other hand, auctions with adequate price caps have led to lower final clearing prices, thus contributing to reasonable final energy pricing. - Highlights: • Outcomes from Brazilian electricity procurement auctions were analyzed. • Cases of success and frustration after adopting (in)adequate reserve prices. • Setting different price caps per source is inefficient. • Higher-than-normal price cap is more effective than fine-tuning reserve prices
Internet Auction Sellers: Does Size Really Matter?

Science.gov (United States)

Halstead, Diane; Becherer, Richard C.

2003-01-01

Examines the Internet auction phenomenon as it relates to the marketing mix of online auction sellers. The data indicate that, while there is great diversity among businesses that utilize online auctions, distinct cost leadership and differentiation marketing strategies are both evident. These two approaches are further distinguished in terms of…
Premium Auctions and Risk Preferences

NARCIS (Netherlands)

Hu, A.; Offerman, T.J.S.; Zou, L.

2010-01-01

In a premium auction, the seller offers some "pay back", called premium, to the highest bidders. This paper investigates how the performance of such premium tactic is related to the participant's risk preferences. By developing an English premium auction model with symmetric interdependent values,
Brazilian experience in electricity auctions: Comparing outcomes from new and old energy auctions as well as the application of the hybrid Anglo-Dutch design

International Nuclear Information System (INIS)

Rego, Erik Eduardo; Parente, Virginia

2013-01-01

Since 2004, the Government of Brazil (GoB) has acted as an intermediary between distribution and generator companies in the energy procurement sector. The GoB procures energy from generator companies through auctions of long-term energy contracts. After an auction, the winning generator companies sign contracts directly with distribution companies. In particular, the GoB runs two different auctions: one for energy from existing power plants (i.e., old energy) and another for energy from power plants that have not yet been built (i.e., new energy). This paper describes these auctions and compares the outcomes from the old and new energy auctions from 2004 to 2010 using final auction prices. The Brazilian case is particularly interesting, not only because energy is predominantly supplied by hydropower plants but also because new energy auctions reach prices below those for old energy. Therefore, it is likely that it is not necessary to run the two different energy auctions. As a secondary objective, this article analyze whether the Anglo-Dutch hybrid auction model is a better design for electricity procurement in Brazil. - Highlights: ► We analyze the outcomes from the Brazilian old and new energy auctions. ► We evaluate the Anglo-Dutch auction design. ► Outcomes from both kind of auctions reveal that the prices are statistically similar. ► One kind of auction increase competition and minimize Eletrobras' market power
The US SO2 Auction and Environmental Regulation

DEFF Research Database (Denmark)

Svendsen, Gert Tinggaard; Christensen, J.L.

1999-01-01

The US Acid Rain Program (ARP) is now well-established. The ARP relies on tradable permits and includes an annual revenue-neutral SO2 auction. Has this auction been an important factor in establishing low transaction costs and a successful market? In answering this question, we first compare...... the price signals from the SO2 auction to those found in the market. Second, we try to explain empirical outcomes by analyzing strategic incentives and the number of buyers and sellers in the auction. The policy recommendation is that the non-discriminative SO2 auction is a very useful tool for kick...
Path connectivity based spectral defragmentation in flexible bandwidth networks.

Science.gov (United States)

Wang, Ying; Zhang, Jie; Zhao, Yongli; Zhang, Jiawei; Zhao, Jie; Wang, Xinbo; Gu, Wanyi

2013-01-28

Optical networks with flexible bandwidth provisioning have become a very promising networking architecture. It enables efficient resource utilization and supports heterogeneous bandwidth demands. In this paper, two novel spectrum defragmentation approaches, i.e. Maximum Path Connectivity (MPC) algorithm and Path Connectivity Triggering (PCT) algorithm, are proposed based on the notion of Path Connectivity, which is defined to represent the maximum variation of node switching ability along the path in flexible bandwidth networks. A cost-performance-ratio based profitability model is given to denote the prons and cons of spectrum defragmentation. We compare these two proposed algorithms with non-defragmentation algorithm in terms of blocking probability. Then we analyze the differences of defragmentation profitability between MPC and PCT algorithms.
Spite and Reciprocity in Auctions

Directory of Open Access Journals (Sweden)

Yoshikazu Ikeda

2011-09-01

Full Text Available The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences should overbid in equilibrium when they know their rival has a higher value than their own, and bidders with a higher value underbid to reciprocate the spiteful overbidding of the lower value bidders. The model also predicts different bidding behavior in second price as compared to ascending-bid auctions. The paper also presents experimental evidence broadly consistent with the model. In the complete information environment, lower value bidders overbid more than higher value bidders, and they overbid more frequently in the second price auction than in the ascending price auction. Overall, the lower value bidder submits bids that exceed value about half the time. These patterns are not found in the incomplete information environment, consistent with the model.
A Classroom Auction with Externalities: Applied to Mergers and Acquisitions

Science.gov (United States)

Meister, J. Patrick; Anderson, Kyle J.

2007-01-01

The authors describe an in-class exercise in which students participate in an auction to buy US Airways. The exercise is based on events of late 1995, in which neither United nor American Airlines decided to bid for US Airways. Two teams of students participate in an English auction. Students learn that the equilibrium of the sequential game is…
Analysis of blocking probability for OFDM-based variable bandwidth optical network

Science.gov (United States)

Gong, Lei; Zhang, Jie; Zhao, Yongli; Lin, Xuefeng; Wu, Yuyao; Gu, Wanyi

2011-12-01

Orthogonal Frequency Division Multiplexing (OFDM) has recently been proposed as a modulation technique. For optical networks, because of its good spectral efficiency, flexibility, and tolerance to impairments, optical OFDM is much more flexible compared to traditional WDM systems, enabling elastic bandwidth transmissions, and optical networking is the future trend of development. In OFDM-based optical network the research of blocking rate has very important significance for network assessment. Current research for WDM network is basically based on a fixed bandwidth, in order to accommodate the future business and the fast-changing development of optical network, our study is based on variable bandwidth OFDM-based optical networks. We apply the mathematical analysis and theoretical derivation, based on the existing theory and algorithms, research blocking probability of the variable bandwidth of optical network, and then we will build a model for blocking probability.
Auctions API

Data.gov (United States)

General Services Administration — GSA Auctions offers Federal personal property assets ranging from common place items (such as office equipment and furniture) to more select products like scientific...
The US SO2 Auction

DEFF Research Database (Denmark)

Svendsen, Gert Tinggaard; Christensen, Jan Lien

1998-01-01

An annual discriminative and revenue-neutral auction is linked to the new Acid Rain Program which allows electric utilities all over the US to trade SO2 emission permits. This innovative SO2 auction distributes 2% of the permits in circulation and takes place at the Chicago Board of Trade. Early...

License Auctions with Royalty Contracts for (Winners and) Losers

OpenAIRE

Wolfstetter, Elmar; Giebe, Thomas

2007-01-01

This paper revisits the licensing of a nonâ€“drastic process innovation by an outside innovator to a Cournot oligopoly. We propose a new mechanism that combines a restrictive license auction with royalty licensing. This mechanism is more profitable than standard license auctions, auctioning royalty contracts, fixedâ€“fee licensing, pure royalty licensing, and two-part tariffs. The key features are that royalty contracts are auctioned and that losers of the auction are granted the option to si...
Auctioning emission permits in a leader-follower setting

OpenAIRE

Alvarez, Francisco; André, Francisco J.

2015-01-01

We analise emission permit auctions under leader-follower competition when the leader bids strategically and the follower acts as price-taker both at the auction and the secondary market. We obtain linear equilibrium bidding strategies for both firms and a unique equilibrium of the auction, which is optimal ex-post for the leader. Under specific distributional assumptions we conclude that the auction always awards less permits to the leader than the cost-effective amount. Our central result i...
The Role of Signals in Online Auction Purchase Decisions

Directory of Open Access Journals (Sweden)

Cypryjański Jacek

2015-06-01

Full Text Available There is a growing interest in behavioural economics contradicting the empirical prediction of rational choice theory once applied to online auctions. The issue is of particular relevance due to the large use of online auctions and the anticipated growth in the future. Online auctions combine the conventional auction model with information technology. However, information asymmetry within such auctions causes risks and uncertainties that influence consumer purchase intentions. The research investigates online consumers’ behaviour. The Authors suggest that due to the high perceived risk of the online buying process consumers are prompted to use cues of seller’ reputation. In a series of six experiments conducted via the auction site Allegro.pl in Poland a number of signals from auction web pages has been manipulated to influence purchase intention. The results suggest that several signals can be used to stimulate online customers’ behaviour. The results of these experiments indicate that buyers are more susceptible to the influence of “visual” signals than signals that require greater involvement of the buyer (to read information. The conducted experiments contribute to a more comprehensive understanding of online auction users’ behaviour. And finally it provides some managerial implications to increase online auction effectiveness from the seller’s perspective.
Static vs Dynamic Auctions with Ambiguity Averse Bidders

NARCIS (Netherlands)

Carvalho, M.

2012-01-01

Abstract: This paper presents the outcome of a dynamic price-descending auction when the distribution of the private values is uncertain and bidders exhibit ambiguity aversion. In contrast to sealed-bid auctions, in open auctions the bidders get information about the other bidders' private values
Auctions for Renewable Support in Denmark:Instruments and lessons learnt

DEFF Research Database (Denmark)

Kitzing, Lena; Wendring, Paul; Wigan, Fabian

This report deals with all past and ongoing auctions for renewable support in Denmark. Since 2004, five single-item, technology-specific offshore wind auctions were held, with one more currently ongoing. One multi-item, multi-site nearshore wind auction is currently ongoing.......This report deals with all past and ongoing auctions for renewable support in Denmark. Since 2004, five single-item, technology-specific offshore wind auctions were held, with one more currently ongoing. One multi-item, multi-site nearshore wind auction is currently ongoing....
The US SO2 Auction: Analysis and Generalization

DEFF Research Database (Denmark)

Svendsen, Gert Tinggaard; Christensen, J.L.

1999-01-01

results showed that the auction generated a clearing price signal lower than the market price. Now the auction price seems to be determined by the outside market price. Still, in the important starting phase, a non-discriminative auction design would probably have generated better price signals since...
Making uncompetitive auctions competitive: a survey of experiments

NARCIS (Netherlands)

Offerman, T.; Onderstal, S.; Hinloopen, J.; Normann, H.-T.

2009-01-01

In the past 15 years, governments around the world have often used auctions to sell scarce licenses to operate in markets. In many of these auctions, the number of interested competitors is relatively small compared to the number of available licenses. Auction design is crucial in such uncompetitive
How emission certificate allocations distort fossil investments: The German example

International Nuclear Information System (INIS)

Pahle, Michael; Fan Lin; Schill, Wolf-Peter

2011-01-01

Despite political activities to foster a low-carbon energy transition, Germany currently sees a considerable number of new coal power plants being added to its power mix. There are several possible drivers for this 'dash for coal', but it is widely accepted that windfall profits gained through free allocation of ETS certificates play an important role. Yet the quantification of allocation-related investment distortions has been limited to back-of-the envelope calculations and stylized models so far. We close this gap with a numerical model integrating both Germany's particular allocation rules and its specific power generation structure. We find that technology specific new entrant provisions have substantially increased incentives to invest in hard coal plants red to natural gas at the time of the ETS onset. More precisely, disproportionate windfall profits compared more than half the total capital costs of a hard coal plant. Moreover, shorter periods of free allocations would not have turned investors' favours towards the cleaner natural gas technology because of pre-existing economic advantages for coal. In contrast, full auctioning of permits or a single best available technology benchmark would have made natural gas the predominant technology of choice. - Research highlights: → We study how early emission certificate allocations in Germany distort fossil investments. → We examine the role of windfall profits in the overall profitabilities of a new hard coal compared to a natural gas plant. → We find that technology specific grandfathering over any period does not induce a change in preferences away from hard coal. → Natural gas would have been preferred under auctioning or a technology neutral allocation though.
To be or not to be an auctioneer: Some thoughts on the legal nature of online eBay auctions and the protection of consumers

OpenAIRE

Riefa, C

2008-01-01

This paper discusses the legal classification of online “eBay” auctions. The discussion has key implications on the scope of consumer protection law as sale by auctions are, for example, excluded from the scope of the Consumer Protection (Distance Selling) Regulations 2000. The paper uncovers that online “eBay” auctions cannot always be considered as traditional auctions and that eBay, as an intermediary, is not to be considered as an auctioneer. This creates difficulties associated with a di...
Compression of Video Tracking and Bandwidth Balancing Routing in Wireless Multimedia Sensor Networks

Directory of Open Access Journals (Sweden)

Yin Wang

2015-12-01

Full Text Available There has been a tremendous growth in multimedia applications over wireless networks. Wireless Multimedia Sensor Networks(WMSNs have become the premier choice in many research communities and industry. Many state-of-art applications, such as surveillance, traffic monitoring, and remote heath care are essentially video tracking and transmission in WMSNs. The transmission speed is constrained by the big file size of video data and fixed bandwidth allocation in constant routing paths. In this paper, we present a CamShift based algorithm to compress the tracking of videos. Then we propose a bandwidth balancing strategy in which each sensor node is able to dynamically select the node for the next hop with the highest potential bandwidth capacity to resume communication. Key to this strategy is that each node merely maintains two parameters that contain its historical bandwidth varying trend and then predict its near future bandwidth capacity. Then, the forwarding node selects the next hop with the highest potential bandwidth capacity. Simulations demonstrate that our approach significantly increases the data received by the sink node and decreases the delay on video transmission in Wireless Multimedia Sensor Network environments.
An Auction-Based Spectrum Leasing Mechanism for Mobile Macro-Femtocell Networks of IoT.

Science.gov (United States)

Chen, Xin; Xing, Lei; Qiu, Tie; Li, Zhuo

2017-02-16

The Internet of Things (IoT) is a vision of the upcoming society. It can provide pervasive communication between two or more entities using 4G-LTE (Long Term Evolution) communication technology. In 4G-LTE networks, there are two important problems: helping manage the spectrum demands of IoT devices and achieving much more revenue with the limited resource. This paper proposes a pricing framework to investigate the spectrum leasing in mobile heterogeneous networks with single macrocell and multiple femtocells. We modeled the leasing procedure between the macrocell service provider (MSP) and femtocell holders (FHs) as an auction to motivate the MSP to lease its spectrum resource. All FHs act as the bidders, and the monopolist MSP acts as the auctioneer. In the auction, FHs submit their bids to rent the spectrum resource so that they can make a profit by selling it to their subscribers. The MSP determines the spectrum leasing amount and chooses the winning FHs by solving the dynamic programming-based 0-1 knapsack problem. In our proposed framework, we focus on the spectrum pricing strategy and revenue maximization of the MSP. The simulation results show that the proposed scheme provides effective motivation for the MSP to lease the spectrum to FHs, and both the MSP and FHs can benefit from spectrum leasing.
An Auction-Based Spectrum Leasing Mechanism for Mobile Macro-Femtocell Networks of IoT

Directory of Open Access Journals (Sweden)

Xin Chen

2017-02-01

Full Text Available The Internet of Things (IoT is a vision of the upcoming society. It can provide pervasive communication between two or more entities using 4G-LTE (Long Term Evolution communication technology. In 4G-LTE networks, there are two important problems: helping manage the spectrum demands of IoT devices and achieving much more revenue with the limited resource. This paper proposes a pricing framework to investigate the spectrum leasing in mobile heterogeneous networks with single macrocell and multiple femtocells. We modeled the leasing procedure between the macrocell service provider (MSP and femtocell holders (FHs as an auction to motivate the MSP to lease its spectrum resource. All FHs act as the bidders, and the monopolist MSP acts as the auctioneer. In the auction, FHs submit their bids to rent the spectrum resource so that they can make a profit by selling it to their subscribers. The MSP determines the spectrum leasing amount and chooses the winning FHs by solving the dynamic programming-based 0–1 knapsack problem. In our proposed framework, we focus on the spectrum pricing strategy and revenue maximization of the MSP. The simulation results show that the proposed scheme provides effective motivation for the MSP to lease the spectrum to FHs, and both the MSP and FHs can benefit from spectrum leasing.
Balanced Bipartite Graph Based Register Allocation for Network Processors in Mobile and Wireless Networks

Directory of Open Access Journals (Sweden)

Feilong Tang

2010-01-01

Full Text Available Mobile and wireless networks are the integrant infrastructure of mobile and pervasive computing that aims at providing transparent and preferred information and services for people anytime anywhere. In such environments, end-to-end network bandwidth is crucial to improve user's transparent experience when providing on-demand services such as mobile video playing. As a result, powerful computing power is required for networked nodes, especially for routers. General-purpose processors cannot meet such requirements due to their limited processing ability, and poor programmability and scalability. Intel's network processor IXP is specially designed for fast packet processing to achieve a broad bandwidth. IXP provides a large number of registers to reduce the number of memory accesses. Registers in an IXP are physically partitioned as two banks so that two source operands in an instruction have to come from the two banks respectively, which makes the IXP register allocation tricky and different from conventional ones. In this paper, we investigate an approach for efficiently generating balanced bipartite graph and register allocation algorithms for the dual-bank register allocation in IXPs. The paper presents a graph uniform 2-way partition algorithm (FPT, which provides an optimal solution to the graph partition, and a heuristic algorithm for generating balanced bipartite graph. Finally, we design a framework for IXP register allocation. Experimental results demonstrate the framework and the algorithms are efficient in register allocation for IXP network processors.
Multi-unit auctions with budget-constrained bidders

Science.gov (United States)

Ghosh, Gagan Pratap

In my dissertation, I investigate the effects of budget-constraints in multi-unit auctions. This is done in three parts. First, I analyze a case where all bidders have a common budget constraint. Precisely, I analyze an auction where two units of an object are sold at two simultaneous, sealed bid, first-price auctions, to bidders who have demand for both units. Bidders differ with respect to their valuations for the units. All bidders have an identical budget constraint which binds their ability to spend in the auction. I show that if valuation distribution is atom-less, then their does not exist any symmetric equilibrium in this auction game. In the second and third parts of my thesis, I analyze the sale of licenses for the right to drill for oil and natural gas in the Outer Continental Shelf (OCS) of the United States. These sales are conducted using simultaneous sealed-bid first-price auctions for multiple licenses, each representing a specific area (called a tract). Using aspects of observed bidding-behavior, I first make a prima facie case that bidders are budget-constrained in these auctions. In order to formalize this argument, I develop a simple extension of the standard model (where bidders differ in their valuations for the objects) by incorporating (random) budgets for the bidders. The auction-game then has a two-dimensional set of types for each player. I study the theoretical properties of this auction, assuming for simplicity that two units are being sold. I show that this game has an equilibrium in pure strategies that is symmetric with respect to the players and with respect to the units. The strategies are essentially pure in the sense that each bidder-type has a unique split (up to a permutation) of his budget between the two auctions. I then characterize the equilibrium in terms of the bid-distribution and iso-bid curves in the value-budget space. I derive various qualitative features of this equilibrium, among which are: (1) under mild
Robust Multi-unit Auction Protocol against False-name Bids

Science.gov (United States)

Yokoo, Makoto; Sakurai, Yuko; Matsubara, Shigeo

This paper presents a new multi-unit auction protocol (IR protocol) that is robust against false-name bids. Internet auctions have become an integral part of Electronic Commerce and a promising field for applying agent and Artificial Intelligence technologies. Although the Internet provides an excellent infrastructure for executing auctions, the possibility of a new type of cheating called false-name bids has been pointed out. A false-name bid is a bid submitted under a fictitious name. A protocol called LDS has been developed for combinatorial auctions of multiple different items and has proven to be robust against false-name bids. Although we can modify the LDS protocol to handle multi-unit auctions, in which multiple units of an identical item are auctioned, the protocol is complicated and requires the auctioneer to carefully pre-determine the combination of bundles to obtain a high social surplus or revenue. For the auctioneer, our newly developed IR protocol is easier to use than the LDS, since the combination of bundles is automatically determined in a flexible manner according to the declared evaluation values of agents. The evaluation results show that the IR protocol can obtain a better social surplus than that obtained by the LDS protocol.
Electronic Reverse Auctions in the Federal Government

Science.gov (United States)

2007-12-01

notification e-mail to all vendors informing them that a solicitation was issued that matches their company profile. A notification will also be sent...auction design. According to Kambil and van Heck (2002) business-to-business ( B2B ) auctions should be conducted on the weekdays, with enough time...allowed for proper pricing and risk-assessment by the company . In contrast, sellers on eBay may decide to run their auctions for any length of time
7 CFR 29.36 - Auction market.

Science.gov (United States)

2010-01-01

... 7 Agriculture 2 2010-01-01 2010-01-01 false Auction market. 29.36 Section 29.36 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... INSPECTION Regulations Definitions § 29.36 Auction market. A place to which tobacco is delivered by the...
An Application-Level QoS Control Method Based on Local Bandwidth Scheduling

Directory of Open Access Journals (Sweden)

Yong Wang

2018-01-01

Full Text Available Quality of service (QoS is an important performance indicator for Web applications and bandwidth is a key factor affecting QoS. Current methods use network protocols or ports to schedule bandwidth, which require tedious manual configurations or modifications of the underlying network. Some applications use dynamic ports and the traditional port-based bandwidth control methods cannot deal with them. A new QoS control method based on local bandwidth scheduling is proposed, which can schedule bandwidth at application level in a user-transparent way and it does not require tedious manual configurations. Experimental results indicate that the new method can effectively improve the QoS for applications, and it can be easily integrated into current Web applications without the need to modify the underlying network.
Auctioned IPOs : The U.S. Evidence

NARCIS (Netherlands)

Degeorge, F.; Derrien, F.; Womack, K.L.

2009-01-01

Between 1999 and 2007, WR Hambrecht has completed 19 IPOs in the U.S. using an auction mechanism. We analyze investor behavior and mechanism performance in these auctioned IPOs using detailed bidding data. The existence of some bids posted at high prices suggests that some investors (mostly retail)
Application for Single Price Auction Model (SPA) in AC Network

Science.gov (United States)

Wachi, Tsunehisa; Fukutome, Suguru; Chen, Luonan; Makino, Yoshinori; Koshimizu, Gentarou

This paper aims to develop a single price auction model with AC transmission network, based on the principle of maximizing social surplus of electricity market. Specifically, we first formulate the auction market as a nonlinear optimization problem, which has almost the same form as the conventional optimal power flow problem, and then propose an algorithm to derive both market clearing price and trade volume of each player even for the case of market-splitting. As indicated in the paper, the proposed approach can be used not only for the price evaluation of auction or bidding market but also for analysis of bidding strategy, congestion effect and other constraints or factors. Several numerical examples are used to demonstrate effectiveness of our method.

A game-theoretical pricing mechanism for multiuser rate allocation for video over WiMAX

Science.gov (United States)

Chen, Chao-An; Lo, Chi-Wen; Lin, Chia-Wen; Chen, Yung-Chang

2010-07-01

In multiuser rate allocation in a wireless network, strategic users can bias the rate allocation by misrepresenting their bandwidth demands to a base station, leading to an unfair allocation. Game-theoretical approaches have been proposed to address the unfair allocation problems caused by the strategic users. However, existing approaches rely on a timeconsuming iterative negotiation process. Besides, they cannot completely prevent unfair allocations caused by inconsistent strategic behaviors. To address these problems, we propose a Search Based Pricing Mechanism to reduce the communication time and to capture a user's strategic behavior. Our simulation results show that the proposed method significantly reduce the communication time as well as converges stably to an optimal allocation.
A Statistical Approach for Gain Bandwidth Prediction of Phoenix-Cell Based Reflect arrays

Directory of Open Access Journals (Sweden)

Hassan Salti

2018-01-01

Full Text Available A new statistical approach to predict the gain bandwidth of Phoenix-cell based reflectarrays is proposed. It combines the effects of both main factors that limit the bandwidth of reflectarrays: spatial phase delays and intrinsic bandwidth of radiating cells. As an illustration, the proposed approach is successfully applied to two reflectarrays based on new Phoenix cells.
Market power in cap-and-trade auctions: A Monte Carlo approach

International Nuclear Information System (INIS)

Dormady, Noah C.

2013-01-01

Recent greenhouse gas auctions have resulted in base level prices while remaining significantly concentrated. How do dominant firms receive such a large share of emissions allowances without bidding up the market price? This paper provides a Monte Carlo simulation analysis based on a contemporary regional greenhouse gas market in the United States. It introduces a C# simulation software environment, Oligopsony 1.0 that simulates uniform-price emissions auctions in repeated iterations. The results of these simulations indicate that there can be significant non-linearities between profit and market power as exercised through strategic demand reduction. This analysis finds the optimum point of strategic demand reduction that enables firms to exploit these non-linearities. The use of auctions to distribute tradeable pollution rights to firms in heavily concentrated markets can have significant unintended consequences, as it can exacerbate the problems of market power that exist within those markets. -- Highlights: •The theory of market power behavior in emissions auctions is furthered. •Monte Carlo simulation environment Oligopsony 1.0 is introduced. •Simulations provide analysis of optimum bids to exercise market power. •Significant non-linearities exist between profit and the exercise of market power
On Revenue-Optimal Dynamic Auctions for Bidders with Interdependent Values

Science.gov (United States)

Constantin, Florin; Parkes, David C.

In a dynamic market, being able to update one's value based on information available to other bidders currently in the market can be critical to having profitable transactions. This is nicely captured by the model of interdependent values (IDV): a bidder's value can explicitly depend on the private information of other bidders. In this paper we present preliminary results about the revenue properties of dynamic auctions for IDV bidders. We adopt a computational approach to design single-item revenue-optimal dynamic auctions with known arrivals and departures but (private) signals that arrive online. In leveraging a characterization of truthful auctions, we present a mixed-integer programming formulation of the design problem. Although a discretization is imposed on bidder signals the solution is a mechanism applicable to continuous signals. The formulation size grows exponentially in the dependence of bidders' values on other bidders' signals. We highlight general properties of revenue-optimal dynamic auctions in a simple parametrized example and study the sensitivity of prices and revenue to model parameters.
Rationality, irrationality and escalating behavior in lowest unique bid auctions.

Science.gov (United States)

Radicchi, Filippo; Baronchelli, Andrea; Amaral, Luís A N

2012-01-01

Information technology has revolutionized the traditional structure of markets. The removal of geographical and time constraints has fostered the growth of online auction markets, which now include millions of economic agents worldwide and annual transaction volumes in the billions of dollars. Here, we analyze bid histories of a little studied type of online auctions--lowest unique bid auctions. Similarly to what has been reported for foraging animals searching for scarce food, we find that agents adopt Lévy flight search strategies in their exploration of "bid space". The Lévy regime, which is characterized by a power-law decaying probability distribution of step lengths, holds over nearly three orders of magnitude. We develop a quantitative model for lowest unique bid online auctions that reveals that agents use nearly optimal bidding strategies. However, agents participating in these auctions do not optimize their financial gain. Indeed, as long as there are many auction participants, a rational profit optimizing agent would choose not to participate in these auction markets.
Bandwidth tunable microwave photonic filter based on digital and analog modulation

Science.gov (United States)

Zhang, Qi; Zhang, Jie; Li, Qiang; Wang, Yubing; Sun, Xian; Dong, Wei; Zhang, Xindong

2018-05-01

A bandwidth tunable microwave photonic filter based on digital and analog modulation is proposed and experimentally demonstrated. The digital modulation is used to broaden the effective gain spectrum and the analog modulation is to get optical lines. By changing the symbol rate of data pattern, the bandwidth is tunable from 50 MHz to 700 MHz. The interval of optical lines is set according to the bandwidth of gain spectrum which is related to the symbol rate. Several times of bandwidth increase are achieved compared to a single analog modulation and the selectivity of the response is increased by 3.7 dB compared to a single digital modulation.
Fair Adaptive Bandwidth and Subchannel Allocation in the WiMAX Uplink

Directory of Open Access Journals (Sweden)

Antoni Morell

2009-01-01

Full Text Available In some modern communication systems, as it is the case of WiMAX, it has been decided to implement Demand Assignment Multiple Access (DAMA solutions. End-users request transmission opportunities before accessing the system, which provides an efficient way to share system resources. In this paper, we briefly review the PHY and MAC layers of an OFDMA-based WiMAX system, and we propose to use a Network Utility Maximization (NUM framework to formulate the DAMA strategy foreseen in the uplink of IEEE 802.16. Utility functions are chosen to achieve fair solutions attaining different degrees of fairness and to further support the QoS requirements of the services in the system. Moreover, since the standard allocates resources in a terminal basis but each terminal may support several services, we develop a new decomposition technique, the coupled-decompositions method, that obtains the optimal service flow allocation with a small number of iterations (the improvement is significant when compared to other known solutions. Furthermore, since the PHY layer in mobile WiMAX has the means to adapt the transport capacities of the links between the Base Station (BS and the Subscriber Stations (SSs, the proposed PHY-MAC cross-layer design uses this extra degree of freedom in order to enhance the network utility.
Intelligent Personalized Trading Agents that facilitate Real-time Decisionmaking for Auctioneers and Buyers in the Dutch Flower Auctions

NARCIS (Netherlands)

W. Ketter (Wolfgang); H.W.G.M. van Heck (Eric); R.A. Zuidwijk (Rob)

2010-01-01

textabstractIn this case the Dutch Flower Auctions (DFA) are discussed. The DFA are part of the supply network in which flowers are produced, stocked, and then sold through either mediation or auctioning. This case focuses on the buyers’ and auctioneers’ positions when flowers are traded through
An Investigation of Value Updating Bidders in Simultaneous Online Art Auctions

Directory of Open Access Journals (Sweden)

Mayukh Dass

2010-01-01

Full Text Available Simultaneous online auctions, in which the auction of all items being sold starts at the same time and ends at the same time, are becoming popular especially in selling items such as collectables and art pieces. In this paper, we analyze the characteristics of bidders (Reactors in simultaneous auctions who update their preauction value of an item in the presence of influencing bidders (Influencers. We represent an auction as a network of bidders where the nodes represent the bidders participating in the auction and the ties between them represent an Influencer-Reactor relationship. We further develop a random effects bilinear model that is capable of handling covariates of both bidder types at the same time and account for higher-order dependence among the bidders during the auction. Using the model and data from a Modern Indian Art auction, we find that Reactors tend to update their values on items that have high preauction estimates, bid on items created by high investment risk artists, bid selectively only on certain items, and are more active in the second half of the auction. Implications for the auction house managers are discussed.
Online Reverse Auctions for Procurement of Services

NARCIS (Netherlands)

U.L. Radkevitch (Uladzimir)

2008-01-01

textabstractOnline reverse auctions, in which a buyer seeks to select a supplier and suppliers compete for contracts by bidding online, revolutionized corporate procurement early this century. Shortly after they had been pioneered by General Electric, many companies rushed to adopt reverse auctions
Rationality, irrationality and escalating behavior in lowest unique bid auctions.

Directory of Open Access Journals (Sweden)

Filippo Radicchi

Full Text Available Information technology has revolutionized the traditional structure of markets. The removal of geographical and time constraints has fostered the growth of online auction markets, which now include millions of economic agents worldwide and annual transaction volumes in the billions of dollars. Here, we analyze bid histories of a little studied type of online auctions--lowest unique bid auctions. Similarly to what has been reported for foraging animals searching for scarce food, we find that agents adopt Lévy flight search strategies in their exploration of "bid space". The Lévy regime, which is characterized by a power-law decaying probability distribution of step lengths, holds over nearly three orders of magnitude. We develop a quantitative model for lowest unique bid online auctions that reveals that agents use nearly optimal bidding strategies. However, agents participating in these auctions do not optimize their financial gain. Indeed, as long as there are many auction participants, a rational profit optimizing agent would choose not to participate in these auction markets.
Rationality, Irrationality and Escalating Behavior in Lowest Unique Bid Auctions

Science.gov (United States)

Radicchi, Filippo; Baronchelli, Andrea; Amaral, Luís A. N.

2012-01-01

Information technology has revolutionized the traditional structure of markets. The removal of geographical and time constraints has fostered the growth of online auction markets, which now include millions of economic agents worldwide and annual transaction volumes in the billions of dollars. Here, we analyze bid histories of a little studied type of online auctions – lowest unique bid auctions. Similarly to what has been reported for foraging animals searching for scarce food, we find that agents adopt Lévy flight search strategies in their exploration of “bid space”. The Lévy regime, which is characterized by a power-law decaying probability distribution of step lengths, holds over nearly three orders of magnitude. We develop a quantitative model for lowest unique bid online auctions that reveals that agents use nearly optimal bidding strategies. However, agents participating in these auctions do not optimize their financial gain. Indeed, as long as there are many auction participants, a rational profit optimizing agent would choose not to participate in these auction markets. PMID:22279553
Multi-Dimensional Customer Data Analysis in Online Auctions

Institute of Scientific and Technical Information of China (English)

LAO Guoling; XIONG Kuan; QIN Zheng

2007-01-01

In this paper, we designed a customer-centered data warehouse system with five subjects: listing, bidding, transaction,accounts, and customer contact based on the business process of online auction companies. For each subject, we analyzed its fact indexes and dimensions. Then take transaction subject as example,analyzed the data warehouse model in detail, and got the multi-dimensional analysis structure of transaction subject. At last, using data mining to do customer segmentation, we divided customers into four types: impulse customer, prudent customer, potential customer, and ordinary customer. By the result of multi-dimensional customer data analysis, online auction companies can do more target marketing and increase customer loyalty.
Online learning in repeated auctions

OpenAIRE

Weed, Jonathan; Perchet, Vianney; Rigollet, Philippe

2015-01-01

Motivated by online advertising auctions, we consider repeated Vickrey auctions where goods of unknown value are sold sequentially and bidders only learn (potentially noisy) information about a good's value once it is purchased. We adopt an online learning approach with bandit feedback to model this problem and derive bidding strategies for two models: stochastic and adversarial. In the stochastic model, the observed values of the goods are random variables centered around the true value of t...
Competitive bidding for health insurance contracts: lessons from the online HMO auctions.

Science.gov (United States)

Gupta, Alok; Parente, Stephen T; Sanyal, Pallab

2012-12-01

Healthcare is an important social and economic component of modern society, and the effective use of information technology in this industry is critical to its success. As health insurance premiums continue to rise, competitive bidding may be useful in generating stronger price competition and lower premium costs for employers and possibly, government agencies. In this paper, we assess an endeavor by several Fortune 500 companies to reduce healthcare procurement costs for their employees by having HMOs compete in open electronic auctions. Although the auctions were successful in generating significant cost savings for the companies in the first year, i.e., 1999, they failed to replicate the success and were eventually discontinued after two more years. Over the past decade since the failed auction experiment, effective utilization of information technologies have led to significant advances in the design of complex electronic markets. Using this knowledge, and data from the auctions, we point out several shortcomings of the auction design that, we believe, led to the discontinuation of the market after three years. Based on our analysis, we propose several actionable recommendations that policy makers can use to design a sustainable electronic market for procuring health insurance.
Implementation of Auctions for Renewable Energy Support in Poland: a Case Study

DEFF Research Database (Denmark)

Kitzing, Lena; Wendring, Paul

This report deals with the planned implementation of auctions for Renewable Energy support in Poland from 2016 onwards. The report focuses on the implementation process and provides the necessary background information. Furthermore the planned auction design is described and discussed both from...... criteria, of appropriate auction formats and suitable design elements for RES auctions, as well as the analysis of past auction implementations....
Pricing strategies, the strength of bidding intentions, and online auction performance: a cross-cultural study.

Science.gov (United States)

Peng, Yu-Shu; Jan, Lih-Tsyr

2009-10-01

Over the past decade, electronic markets based on the Internet, particularly online auctions, have become popular venues for conducting business. Previous studies often focused on the construction of the best bidding model, while few studies have tried to integrate multiple pricing strategies to predict the probability of closing an auction and the price premium. This study constructs a mediated model to examine the relationship among pricing strategies, the strength of bidding intentions, and online auction performance. The sample consists of 1,055 auctions of iPod MP3 players from eBay Web sites in Hong Kong, Singapore, Belgium, and France. Empirical results show that the pricing strategies directly influence both the probability of closing an auction and the level of price premium. The pricing strategies also indirectly influence the price premium through the mediating effect of the strength of bidding intentions.
Optimize-and-Dispatch Architecture for Expressive Ad Auctions

OpenAIRE

Parkes, David C.; Sandholm, Tuomas

2005-01-01

Ad auctions are generating massive amounts of revenue for online search engines such as Google. Yet, the level of expressiveness provided to participants in ad auctions could be significantly enhanced. An advantage of this could be improved competition and thus improved revenue to a seller of the right to advertise to a stream of search queries. In this paper, we outline the kinds of expressiveness that one might expect to be useful for ad auctions and introduce a high-level “optimize-and-...
77 FR 57085 - Mobility Fund Phase I Auction; Release of Files with Recalculated Road Miles for Auction 901...

Science.gov (United States)

2012-09-17

... FEDERAL COMMUNICATIONS COMMISSION [AU Docket No. 12-25; DA 12-1446] Mobility Fund Phase I Auction... Mobility Fund Phase I support to be offered in Auction 901, which is to be held on September 27, 2012, and..., 77 FR 32092, May 31, 2012, the Bureaus identified census blocks eligible for the Mobility Fund Phase...
Keeping out Trojan horses: auctions and bankruptcy in the laboratory

NARCIS (Netherlands)

Onderstal, S.; van der Veen, A.

2011-01-01

If a government auctions the right to market a good, continuity is likely to be of significant importance. In a laboratory experiment, we compare the effects of bidders' limited liability in the first-price sealed-bid auction and the English auction in a common value setting. Our data strongly

Application of auctions as a pricing mechanism for the interchange of electric power

International Nuclear Information System (INIS)

Post, D.L.; Coppinger, S.S.; Sheble, G.B.

1995-01-01

The expected move to a market-based electric power industry will significantly change electric utility operations. These changes will fundamentally alter the pricing of electric power. How this pricing will be accomplished is a key issue. Traditionally, embedded cost based methods have been used. Recently, spot-pricing has received attention as a possible approach in a market-based electric power environment. Another market-based approach is the use of auctions. This paper will present the application of a sequential sealed-bid and sealed-offer auction to the pricing of electric power by using linear programming
Appropriate design of auctions for renewable energy support – Prequalifications and penalties

International Nuclear Information System (INIS)

Kreiss, Jan; Ehrhart, Karl-Martin; Haufe, Marie-Christin

2017-01-01

Auctions are a promising tool to accomplish renewable energy support (RES). However, they involve diverse risks for the auctioneer and the bidders. The major risk for the auctioneer – with respect to the expansion target and the acceptance of auctions for RES in general – is the risk of non-realization: awarded bidders do not realize their projects. The main reasons are bidders' uncertainties concerning their project costs. The auctioneer can reduce the non-realization risk by taking various measures. The most discussed and implemented measures are financial and physical prequalifications and penalties. An evaluation of these measures has relevant implications for an appropriate auctions design for RES. The non-realization option induces lower bids. A suitable combination of financial and physical prequalifications can reduce the non-realization risk significantly, however, involves sunk costs. Counterintuitively, first-price auction and second-price auction lead to different expected award prices and different realization probabilities. Penalties bear a high risk of inefficient auction outcomes. The appropriate parametrization and combination of the measures is challenging. Under consideration of all implications, we recommend high financial and adjusted physical prequalifications to achieve a sufficiently high realization rate while maintaining efficiency. - Highlights: • The non-realization risk is a major problem of auctions for RES. • Designated measures are financial and physical prequalifications and penalties. • Prequalifications and penalties have different effects on auction outcome. • The non-realization option violates the revenue equivalence theorem. • We recommend high financial and adjusted physical prequalifications.
Holding-time-aware asymmetric spectrum allocation in virtual optical networks

Science.gov (United States)

Lyu, Chunjian; Li, Hui; Liu, Yuze; Ji, Yuefeng

2017-10-01

Virtual optical networks (VONs) have been considered as a promising solution to support current high-capacity dynamic traffic and achieve rapid applications deployment. Since most of the network services (e.g., high-definition video service, cloud computing, distributed storage) in VONs are provisioned by dedicated data centers, needing different amount of bandwidth resources in both directions, the network traffic is mostly asymmetric. The common strategy, symmetric provisioning of traffic in optical networks, leads to a waste of spectrum resources in such traffic patterns. In this paper, we design a holding-time-aware asymmetric spectrum allocation module based on SDON architecture and an asymmetric spectrum allocation algorithm based on the module is proposed. For the purpose of reducing spectrum resources' waste, the algorithm attempts to reallocate the idle unidirectional spectrum slots in VONs, which are generated due to the asymmetry of services' bidirectional bandwidth. This part of resources can be exploited by other requests, such as short-time non-VON requests. We also introduce a two-dimensional asymmetric resource model for maintaining idle spectrum resources information of VON in spectrum and time domains. Moreover, a simulation is designed to evaluate the performance of the proposed algorithm, and results show that our proposed asymmetric spectrum allocation algorithm can improve the resource waste and reduce blocking probability.
From Walras’ auctioneer to continuous time double auctions: a general dynamic theory of supply and demand

Science.gov (United States)

Donier, J.; Bouchaud, J.-P.

2016-12-01

In standard Walrasian auctions, the price of a good is defined as the point where the supply and demand curves intersect. Since both curves are generically regular, the response to small perturbations is linearly small. However, a crucial ingredient is absent of the theory, namely transactions themselves. What happens after they occur? To answer the question, we develop a dynamic theory for supply and demand based on agents with heterogeneous beliefs. When the inter-auction time is infinitely long, the Walrasian mechanism is recovered. When transactions are allowed to happen in continuous time, a peculiar property emerges: close to the price, supply and demand vanish quadratically, which we empirically confirm on the Bitcoin. This explains why price impact in financial markets is universally observed to behave as the square root of the excess volume. The consequences are important, as they imply that the very fact of clearing the market makes prices hypersensitive to small fluctuations.
On the efficiency of the first price auction

Czech Academy of Sciences Publication Activity Database

Hernando-Veciana, Á.; Michelucci, Fabio

2017-01-01

Roč. 156, July (2017), s. 159-161 ISSN 0165-1765 Institutional support: Progres-Q24 Keywords : efficiency * first price auction * english auction Subject RIV: AH - Economics OBOR OECD: Economic Theory Impact factor: 0.558, year: 2016
Approximating the Qualitative Vickrey Auction by a Negotiation Protocol

Science.gov (United States)

Hindriks, Koen V.; Tykhonov, Dmytro; de Weerdt, Mathijs

A result of Bulow and Klemperer has suggested that auctions may be a better tool to obtain an efficient outcome than negotiation. For example, some auction mechanisms can be shown to be efficient and strategy-proof. However, they generally also require that the preferences of at least one side of the auction are publicly known. However, sometimes it is very costly, impossible, or undesirable to publicly announce such preferences. It thus is interesting to find methods that do not impose this constraint but still approximate the outcome of the auction. In this paper we show that a multi-round multi-party negotiation protocol may be used to this end if the negotiating agents are capable of learning opponent preferences. The latter condition can be met by current state of the art negotiation technology. We show that this protocol approximates the theoretical outcome predicted by a so-called Qualitative Vickrey auction mechanism (even) on a complex multi-issue domain.
Effective Spend Management Through Electronic Reverse Auction Configurations

Directory of Open Access Journals (Sweden)

Mojmír Prídavok

2013-07-01

Full Text Available The purpose of the paper is to analyz wide range of possible auction strategies and configurations of eRA, with respect to the ever changing market conditions. Electronic reverse auction (eRA represents an electronic sourcing method of competitive bidding among a number of qualified suppliers. Theory assumes that eRA represents pure market environment with information perfectly distributed between both buyers and suppliers. Although initial eRA cost savings in B2B could be as high as 40%, without deeper knowledge of different auctions strategies and configurations, additional cost reductions are not possible. To identify crucial determinant, the statistical (correlation analysis on the data set of more than 18.000 auction items with different configuration parameters was conducted. Findings suggest that the more bidders are invited to the eRA, the better results could be expected. Additionally, the complexity of the eRA parameterization does not seem to influent the success of the eRA. These results can influence usage and SW development of eRA application in real environment. This research extends already realized studies in the field of electronic auctions for the B2B processes
The inherent inefficiency of simultaneously feasible financial transmission rights auctions

International Nuclear Information System (INIS)

Deng, Shi-Jie; Oren, Shmuel; Meliopoulos, A.P.

2010-01-01

Empirical evidence from the New York ISO shows that the clearing prices for point-to-point congestion revenue rights, also known as financial transmission rights (FTRs), resulting from centralized auctions conducted by Independent System Operators differ significantly and systematically from the realized congestion revenues that determine the accrued payoffs of these rights. The question addressed by this paper is whether such deviations are due to price discovery errors which will eventually vanish or due to inherent inefficiencies in the auction structure. We show that even with perfect foresight of average congestion rents the clearing prices for the FTRs depend on the bid quantity and therefore may not be priced correctly in the financial transmission right (FTR) auction. In particular, we prove that quantity limits on the FTR bids may cause the auction clearing prices to differ from the bid prices. This phenomenon which is inherent in the theoretical properties of the optimization algorithm used to clear the auction, is further illustrated through numerical simulations with test systems. We conclude that price discovery alone would not remedy the discrepancy between the auction prices and the realized values of the FTRs. Secondary markets or frequent reconfiguration auctions are necessary in order to achieve such convergence. (author)
Auction fever: exploring informational social influences on bidder choices.

Science.gov (United States)

Chen, Yi-Fen

2011-01-01

Previous investigations of herd behavior have identified the importance of informational social influences in consumer decision making. This research presents three studies examining herd behavior in online auctions. The three studies addressed the influence on bidder online choices of herd cues frequently found in online auctions, including bid number, feedback ratings, and number of questions and answers. This research also investigated the effect of different levels of herd cues on bidder online choices under high and low brand awareness in online auctions. The experimental results demonstrated that bidders use online herd cues when making decisions in online auctions. Additionally, different levels of herd cues influence bidder online choices in both high and low brand awareness product situations.
Agora Energiewende (2017). Future cost of onshore wind. Recent auction results, long-term outlook and implications for upcoming German auctions

Energy Technology Data Exchange (ETDEWEB)

Thomassen, Georg; Deutsch, Matthias

2017-04-15

The costs for electricity from renewable generation have been falling significantly in recent years, and record low bids at auctions around the world have grasped the attention of the public. Solar photovoltaics and offshore wind auctions, in particular, have attracted a lot of interest. The results for onshore wind, however, are just as impressive. The future cost development of onshore wind is of great relevance, since it is a key pillar of the energy system transformation in many parts of the world. However, the estimated long-term cost reductions vary significantly, as different studies value the cost drivers of wind differently. In Germany, the opaque and complex cost structure of onshore wind is the root of much controversy. International auction results with winning bids of less than half of the typical German pay rate left people questioning the costs of domestic wind power. However this discussion often fails to account adequately for differences in the quality of wind resources. In light of the upcoming, and first, German onshore wind auctions, we aim to contribute to the ongoing discussion by providing the necessary context for international auction results, a general outlook on the future cost of onshore wind, and by illustrating the existing potential and hindrances for cost reductions in the German market.
Agora Energiewende (2017). Future cost of onshore wind. Recent auction results, long-term outlook and implications for upcoming German auctions

International Nuclear Information System (INIS)

Thomassen, Georg; Deutsch, Matthias

2017-01-01

The costs for electricity from renewable generation have been falling significantly in recent years, and record low bids at auctions around the world have grasped the attention of the public. Solar photovoltaics and offshore wind auctions, in particular, have attracted a lot of interest. The results for onshore wind, however, are just as impressive. The future cost development of onshore wind is of great relevance, since it is a key pillar of the energy system transformation in many parts of the world. However, the estimated long-term cost reductions vary significantly, as different studies value the cost drivers of wind differently. In Germany, the opaque and complex cost structure of onshore wind is the root of much controversy. International auction results with winning bids of less than half of the typical German pay rate left people questioning the costs of domestic wind power. However this discussion often fails to account adequately for differences in the quality of wind resources. In light of the upcoming, and first, German onshore wind auctions, we aim to contribute to the ongoing discussion by providing the necessary context for international auction results, a general outlook on the future cost of onshore wind, and by illustrating the existing potential and hindrances for cost reductions in the German market.
Bidding strategies in Brazilian electricity auctions

International Nuclear Information System (INIS)

Azevedo, Erick M.; Correia, Paulo B.

2006-01-01

Double bilateral contract auctions for electric energy purchase and sale occur in Brazil. These auctions present incomplete information and possess some subjectivity in relation to the future scenario of the Brazilian electric system, inserted in the agent's bids. In this work, a model using Bayes' rule and the game theory is proposed to aid the agent in its bid definition. Through the existing relations between the Conditional probabilities of Bayes' Rule, the model transforms beliefs into information. In this way, the absence of information is supplied and the problem is transformed into a game with complete information. The present study has no worries in terms of transmission constraints, since they are not usually considered in the bilateral contract auctions in Brazil. At the end, Nash equilibrium (NE) can be found through the expected payoff matrix of each agent. (author)
Common Agency and Coordinated Bids in Sponsored Search Auctions

OpenAIRE

Maris Goldmanis; Antonio Penta; Francesco Decarolis

2012-01-01

As auctions are becoming the main mechanism for selling advertisement space on the web, marketing agencies specialized in bidding in online auctions are proliferating. We analyze theoretically how bidding delegation to a common marketing agency can undermine both revenues and efficiency of the generalized second price auction, the format used by Google and Microsoft-Yahoo!. Our characterization allows us to quantify the revenue losses relative to both the case of full competition and the case...
Experimental comparison of impact of auction format on carbon allowance market

DEFF Research Database (Denmark)

Cong, Ronggang; Wei, Yi-Ming

2012-01-01

auction and English clock auction) with heterogeneous bidders (coal power plants and gas power plants) from four perspectives (carbon price, auction efficiency, demand withholding and fluctuations in power supplies). Possibilities of collusion among bidders and impacts of allowance banking and penalty...
Experiments with the auction algorithm for the shortest path problem

DEFF Research Database (Denmark)

Larsen, Jesper; Pedersen, Ib

1999-01-01

The auction approach for the shortest path problem (SPP) as introduced by Bertsekas is tested experimentally. Parallel algorithms using the auction approach are developed and tested. Both the sequential and parallel auction algorithms perform significantly worse than a state-of-the-art Dijkstra-l......-like reference algorithm. Experiments are run on a distributed-memory MIMD class Meiko parallel computer....
An assessment of the Danish-German cross-border auctions

International Nuclear Information System (INIS)

Kristiansen, Tarjei

2007-01-01

This paper presents an analysis of the auction prices at the cross-border auction between West Denmark and Germany and between East Denmark and Germany (the Kontek cable). Monthly and annual transmission capacities appear to be more highly valued than daily transmission capacity on average. The two cross-border auctions show different trends: the auctions between West Denmark and Germany exhibit a higher level of prices in the southbound direction, and between East Denmark and Germany, higher prices in the northbound direction. We find a relatively strong correspondence in the pricing of products over different time frames (daily, monthly and annual auctions) between West Denmark and Germany and a weak correspondence for the products between East Denmark and Germany. In the daily auctions, market players can decide whether to use their capacity after the clearing of the day-ahead market, while in the monthly and annual auctions they must decide whether to use their capacity prior to clearing. If they choose not to use their capacity, the use-it-or-lose-it principle applies. The capacity is then subsequently released to the daily market. Since the daily cross-border auctions are free of commitment, they should be valued as options. Likewise, in the monthly and annual auctions market players can choose not to nominate their capacity but as this must occur before the clearing of the day-ahead market, they will not know the directions of the power flows a priori. If they nominate the capacity they must use it; if the direction turns out to be ''wrong,'' it is then possible to purchase capacity in the opposite direction in the daily auctions. If market players can accurately predict the outcome of the spot markets day ahead, the value of monthly and annual capacity should more closely reflect the value of an option. Thus, one would expect the value of the monthly and annual capacity to be between the value of an option and an obligation. Although this suggests that the
Repo auction formats, bidders' behaviour and money market response in India

OpenAIRE

Singh, Bhupal; Dhal, Sarat C.

1998-01-01

The treasury securities repo-auction is an important instrument for central banks in managing liquidity and sending interest rate signal to the money market. In the Indian context, the repo-auctions have been used actively in the post-reform period. The present study illustrates the money market reaction to repo-auctions and points out whether such reaction is consistent with applied auction rules. The policy implications are analysed in the light of alternative rules pertaining to discrimina...
Simulating the Effectiveness of an Alternative Salary Auction Mechanism

National Research Council Canada - National Science Library

Tan, Pei Yin

2006-01-01

... the incentive of bidders to submit a truthful valuation of the jobs. An alternative auction mechanism that combined elements of both auction theory and matching was proposed to overcome these complications...
A Trustworthy Internet Auction Model with Verifiable Fairness.

Science.gov (United States)

Liao, Gen-Yih; Hwang, Jing-Jang

2001-01-01

Describes an Internet auction model achieving verifiable fairness, a requirement aimed at enhancing the trust of bidders in auctioneers. Analysis results demonstrate that the proposed model satisfies various requirements regarding fairness and privacy. Moreover, in the proposed model, the losing bids remain sealed. (Author/AEF)
Efficiency Intra-Cluster Device-to-Device Relay Selection for Multicast Services Based on Combinatorial Auction

Directory of Open Access Journals (Sweden)

Yong Zhang

2015-12-01

Full Text Available In Long Term Evolution-Advanced (LTE-A networks, Device-to-device (D2D communications can be utilized to enhance the performance of multicast services by leveraging D2D relays to serve nodes with worse channel conditions within a cluster. For traditional D2D relay schemes, D2D links with poor channel condition may be the bottleneck of system sum data rate. In this paper, to optimize the throughput of D2D communications, we introduce an iterative combinatorial auction algorithm for efficient D2D relay selection. In combinatorial auctions, the User Equipments (UEs that fails to correctly receive multicast data from eNodeB (eNB are viewed as bidders that compete for D2D relays, while the eNB is treated as the auctioneer. We also give properties of convergency and low-complexity and present numerical simulations to verify the efficiency of the proposed algorithm.

THz-bandwidth photonic Hilbert transformers based on fiber Bragg gratings in transmission.

Science.gov (United States)

Fernández-Ruiz, María R; Wang, Lixian; Carballar, Alejandro; Burla, Maurizio; Azaña, José; LaRochelle, Sophie

2015-01-01

THz-bandwidth photonic Hilbert transformers (PHTs) are implemented for the first time, to the best of our knowledge, based on fiber Bragg grating (FBG) technology. To increase the practical bandwidth limitation of FBGs (typically <200 GHz), a superstructure based on two superimposed linearly-chirped FBGs operating in transmission has been employed. The use of a transmission FBG involves first a conversion of the non-minimum phase response of the PHT into a minimum-phase response by adding an anticipated instantaneous component to the desired system temporal impulse response. Using this methodology, a 3-THz-bandwidth integer PHT and a fractional (order 0.81) PHT are designed, fabricated, and successfully characterized.
An evaluation of possible EU air transport emissions trading scheme allocation methods

International Nuclear Information System (INIS)

Morrell, Peter

2007-01-01

The European Commission has been requested by member states to study the incorporation of air transport into their existing emissions trading scheme (ETS). Only CO 2 is to be included, at least initially. This paper focuses on the method of allocation of emissions permits in the EU context. It has been assumed here that the EU ETS will be applied only to intra-EU flights and that airlines will be the entities selected for implementation. Three UK airlines were selected to evaluate three main types of allocation: grandfathering, auctioning and benchmarking. The airlines were representative of the three major airline business models: network, low-cost carrier and charter/leisure. Based on 2003/2004 aircraft/engine type and operating data, the per passenger impact of each allocation option was analysed for each airline. A new benchmarking approach is proposed that takes into account both the landing and take-off (LTO) cycle and per kilometre emissions: this avoids penalising shorter sector operators and focuses on the damage caused by aircraft and their engines and not on passengers. (author)
Vickrey Auctions in Practice: From Nineteenth-Century Philately to Twenty-First-Century E-Commerce

OpenAIRE

David Lucking-Reiley

2000-01-01

William Vickrey (1961) proposed an auction mechanism in which bidders submit sealed bids, and the highest bidder wins the good in return for payment of the second-highest bid amount. For decades, economists have credited Vickrey with inventing this auction format, and have believed that the Vickrey auction is rarely used in practice. This paper presents evidence that Vickrey auctions have long been the predominant auction format for mail sales of collectible postage stamps. Stamp auctioneers ...
Towards Formal Analysis of Insider Threats for Auctions

DEFF Research Database (Denmark)

Kammueller, Florian; Kerber, Manfred; Probst, Christian W.

2016-01-01

is meaningful to prove correctness and scrutinize vulnerability to security and privacy attacks. Surveying the threats in auctions and insider collusions, we present an approach to model and analyze auction protocols for insider threats using the interactive theorem prover Isabelle. As a case study, we use...
跨搜索引擎关键字竞价广告预算分配策略%On Optimal Budget Allocation for Keyword Auctions Across Search Engines

Institute of Scientific and Technical Information of China (English)

杨彦武; 王飞跃; 曾大军; 秦蕊; 李娟娟; 张杰

2011-01-01

广告预算分配是关键字竞价推广活动中必须解决的首要问题.合理的预算分配方案能够"自上而下"地优化推广活动,从而在激烈的竞争中占得先机.本文提出了一个针对关键字竞价推广整个生命周期的三层次跨搜索引擎预算分配框架,并分别从横向(跨搜索引擎)和纵向(时序)制定广告预算的分配与调整优化策略.进而,收集整理了实际关键字竞价推广活动的日志数据,设计了相应的关键字竞价预算分配实验场景,对文中提出的预算分配框架和相应模型进行实验评估和验证.结果表明,本文提出的预算分配框架和相应策略模型可以在很大程度上提高实际关键字竞价推广活动中预算分配效率,使广告主在同一固定预算的情况下获取更高的收益.%The budget allocation is one of the primary issues for advertisers when conducting Sponsored Search Auction (SSA)campaigns. A successful budget allocation strategy can improve the effectiveness of the SSA campaign management, thus helping the advertiser prevail in the fierce competition of online marketing. A multi-level framework is proposed in this paper for budget allocation in the context of SSA campaign management focusing on cross-market issues in the entire life-cycle of SSA campaigns. Based on this framework, a set of optimization strategies are designed from two points of views, namely across several search advertising markets and over time during the marketing campaign life cycle. Furthermore, logs are collected from real SSA campaigns to validate the proposed budget allocation framework and strategies. Experimental results show that the framework and identified strategies for budget allocation across search advertising markets can help advertisers improve advertising performance (e.g., volume of clicks) by 10％ or even more.
An ascending multi-item auction with financially constrained bidders

Directory of Open Access Journals (Sweden)

Gerard van der Laan

2016-12-01

Full Text Available Several heterogeneous items are to be sold to a group of potentially budget- constrained bidders. Every bidder has private knowledge of his own valuation of the items and his own budget. Due to budget constraints, bidders may not be able to pay up to their values and typically no Walrasian equilibrium exists. To deal with such markets, we propose the notion of 'equilibrium under allotment' and develop an ascending auction mechanism that always finds such an equilibrium assignment and a corresponding system of prices in finite time. The auction can be viewed as a novel generalization of the ascending auction of Demange et al. (1986 from settings without financial constraints to settings with financial constraints. We examine various strategic and efficiency properties of the auction and its outcome.
Multidimensional procurement auctions with unknown weights

DEFF Research Database (Denmark)

Greve, Thomas

This paper studies the consequences of holding a procurement auction when the principal chooses not to show its preferences. My paper extends the procurement auction model of Che (1993) to a situation where both the principal and the agents have private information. Thus, unknown parameters of bo...... gives rise to an analysis of a principal that can not fully commit to the outcome induced by the scoring rule. Therefore, my result apply to contract theory and it’s problems with imperfect commitment....
Revenue comparisons for auctions when bidders have arbitrary types

Directory of Open Access Journals (Sweden)

Yeon-Koo Che

2006-03-01

Full Text Available This paper develops a methodology for characterizing expected revenue from auctions when bidders' types come from an arbitrary distribution. In particular, types may be multidimensional, and there may be mass points in the distribution. One application extends existing revenue equivalence results. Another application shows that first-price auctions yield higher expected revenue than second-price auctions when bidders are risk averse and face financial constraints. This revenue ranking extends to risk-averse bidders with general forms of non-expected utility preferences.
Modeling generation expansion in the context of a security of supply mechanism based on long-term auctions. Application to the Colombian case

International Nuclear Information System (INIS)

Rodilla, P.; Batlle, C.; Salazar, J.; Sanchez, J.J.

2011-01-01

In an attempt to provide electricity generation investors with appropriate economic incentives so as to maintain quality of supply at socially optimal levels, a growing number of electricity market regulators have opted for implementing a security of supply mechanism based on long-term auctions. In this context, the ability to analyze long-term investment dynamics is a key issue not only for market agents, but also for regulators. This paper describes a model developed to serve this purpose. A general system-dynamics-inspired methodology has been designed to be able to simulate these long-term auction mechanisms in the formats presently in place. A full-scale simulation based on the Colombian system was conducted to illustrate model capabilities. (author)
Modeling generation expansion in the context of a security of supply mechanism based on long-term auctions. Application to the Colombian case

Energy Technology Data Exchange (ETDEWEB)

Rodilla, P.; Batlle, C. [Institute for Research in Technology, University Pontificia Comillas, Sta. Cruz de Marcenado 26, 28015 Madrid (Spain); Salazar, J. [Empresas Publicas de Medellin, Carrera 58 No. 42-125 Edificio Inteligente, Medellin (Colombia); Sanchez, J.J. [Secretaria de Estado de Cambio Climatico, Ministerio de Medio Ambiente, Rural y Marino. Plaza San Juan de la Cruz, 28071 Madrid (Spain)

2011-01-15

In an attempt to provide electricity generation investors with appropriate economic incentives so as to maintain quality of supply at socially optimal levels, a growing number of electricity market regulators have opted for implementing a security of supply mechanism based on long-term auctions. In this context, the ability to analyze long-term investment dynamics is a key issue not only for market agents, but also for regulators. This paper describes a model developed to serve this purpose. A general system-dynamics-inspired methodology has been designed to be able to simulate these long-term auction mechanisms in the formats presently in place. A full-scale simulation based on the Colombian system was conducted to illustrate model capabilities. (author)
Channel Estimation and Optimal Power Allocation for a Multiple-Antenna OFDM System

Directory of Open Access Journals (Sweden)

Yao Kung

2002-01-01

Full Text Available We propose combining channel estimation and optimal power allocation approaches for a multiple-antenna orthogonal frequency division multiplexing (OFDM system in high-speed transmission applications. We develop a least-square channel estimation approach, derive the performance bound of the estimator, and investigate the optimal training sequences for initial channel acquisition. Based on the channel estimates, the optimal power allocation solution which maximizes the bandwidth efficiency is derived under power and quality of service (Qos (symbol error rate constraints. It is shown that combining channel tracking and adaptive power allocation can dramatically enhance the outage capacity of an OFDM multiple-antenna system when severing fading occurs.
Efficient and secure comparison for on-line auctions

NARCIS (Netherlands)

Damgard, Ivan; Geisler, M.; Kroigaard, M.; Pieprzyk, J.; Ghodosi, H.; Dawson, E.

2007-01-01

We propose a protocol for secure comparison of integers based on homomorphic encryption. We also propose a homomorphic encryption scheme that can be used in our protocol and makes it more efficient than previous solutions. Our protocol is well-suited for application in on-line auctions, both with
Revenue and efficiency in multi-unit uniform-price auctions

Czech Academy of Sciences Publication Activity Database

Břeský, Michal

-, č. 384 (2009), s. 1-39 ISSN 1211-3298 Institutional research plan: CEZ:MSM0021620846 Keywords : multi-unit auction * multiple-object auction * market efficiency * optimal selling mechanism Subject RIV: AH - Economics http://www.cerge-ei.cz/pdf/wp/Wp384.pdf
The supply function equilibrium and its policy implications for wholesale electricity auctions

International Nuclear Information System (INIS)

Holmberg, Paer; Newbery, David

2010-01-01

The supply function equilibrium provides a game-theoretic model of strategic bidding in oligopolistic wholesale electricity auctions. This paper presents an intuitive account of current understanding and shows how welfare losses depend on the number of firms in the market and their asymmetry. Previous results and general recommendations for divisible-good/multi-unit auctions provides guidance on the design of the auction format, setting the reservation price, the rationing rule, and restrictions on the offer curves in wholesale electricity auctions. (author)
How to Organize Sequential Auctions : Results of a Natural Experiment by Christie's

NARCIS (Netherlands)

Ginsburgh, V.; van Ours, J.C.

2003-01-01

In empirical studies of sequential auctions of identical objects prices have been found to decline.We study auctions of ancient Chinese porcelain recovered from shipwrecks.In these auctions there are very long sequences of lots of identical objects.We find that the average price decline is smaller
Revenue and efficiency in multi-unit uniform-price auctions

Czech Academy of Sciences Publication Activity Database

Břeský, Michal

2013-01-01

Roč. 82, November (2013), s. 205-217 ISSN 0899-8256 R&D Projects: GA ČR(CZ) GAP402/11/1531 Institutional support: RVO:67985998 Keywords : multi-unit auction * multiple-object auction * market efficiency Subject RIV: AH - Economics Impact factor: 1.025, year: 2013
Competition in decentralized electricity markets: Three papers on electricity auctions

Science.gov (United States)

Harbord, David William Cameron

This thesis consists of three self-contained papers on the analysis of electricity auctions written over a period of twelve years. The first paper models price competition in a decentralized wholesale market for electricity as a first-price, sealed-bid, multi-unit auction. In both the pure and mixed-strategy equilibria of the model, above marginal cost pricing and inefficient despatch of generating units occur. An alternative regulatory pricing rule is considered and it is shown that offering to supply at marginal cost can be induced as a dominant strategy for all firms. The second paper analyses strategic interaction between long-term contracts and price competition in the British electricity wholesale market, and confirms that forward contracts will tend to put downward pressure on spot market prices. A 'strategic commitment' motive for selling forward contracts is also identified: a generator may commit itself to bidding lower prices into the spot market in order to ensure that it will be despatched with its full capacity. The third paper characterizes bidding behavior and market outcomes in uniform and discriminatory electricity auctions. Uniform auctions result in higher average prices than discriminatory auctions, but the ranking in terms of productive efficiency is ambiguous. The comparative effects of other market design features, such as the number of steps in suppliers' bid functions, the duration of bids and the elasticity of demand are analyzed. The paper also clarifies some methodological issues in the analysis of electricity auctions. In particular we show that analogies with continuous share auctions are misplaced so long as firms are restricted to a finite number of bids.
Statistical mechanics of budget-constrained auctions

OpenAIRE

Altarelli, F.; Braunstein, A.; Realpe-Gomez, J.; Zecchina, R.

2009-01-01

Finding the optimal assignment in budget-constrained auctions is a combinatorial optimization problem with many important applications, a notable example being the sale of advertisement space by search engines (in this context the problem is often referred to as the off-line AdWords problem). Based on the cavity method of statistical mechanics, we introduce a message passing algorithm that is capable of solving efficiently random instances of the problem extracted from a natural distribution,...
Modelling of auctioning mechanism for solar photovoltaic capacity

Science.gov (United States)

Poullikkas, Andreas

2016-10-01

In this work, a modified optimisation model for the integration of renewable energy sources for power-generation (RES-E) technologies in power-generation systems on a unit commitment basis is developed. The purpose of the modified optimisation procedure is to account for RES-E capacity auctions for different solar photovoltaic (PV) capacity electricity prices. The optimisation model developed uses a genetic algorithm (GA) technique for the calculation of the required RES-E levy (or green tax) in the electricity bills. Also, the procedure enables the estimation of the level of the adequate (or eligible) feed-in-tariff to be offered to future RES-E systems, which do not participate in the capacity auctioning procedure. In order to demonstrate the applicability of the optimisation procedure developed the case of PV capacity auctioning for commercial systems is examined. The results indicated that the required green tax, in order to promote the use of RES-E technologies, which is charged to the electricity customers through their electricity bills, is reduced with the reduction in the final auctioning price. This has a significant effect related to the reduction of electricity bills.
Empirical Analysis of Competition in Procurement Auctions

OpenAIRE

Tukiainen, Janne

2008-01-01

A vast amount of public services and goods are contracted through procurement auctions. Therefore it is very important to design these auctions in an optimal way. Typically, we are interested in two different objectives. The first objective is efficiency. Efficiency means that the contract is awarded to the bidder that values it the most, which in the procurement setting means the bidder that has the lowest cost of providing a service with a given quality. The second objective is to maximize ...

Strategic Bidding in Hybrid CPC/CPM Auctions

OpenAIRE

Yi Zhu; Kenneth C. Wilbur

2008-01-01

Websites increasingly allow advertisers to choose whether to bid for advertising on a per-impression or per-click basis. We present the first analysis of this new hybrid auction market. The conventional wisdom in this industry is that brand advertisers (e.g., Coca-Cola) will bid for impressions, while direct response advertisers (e.g., Amazon.com) will bid for clicks. We find that in an auction setting similar to that used by Facebook and Google, brand advertisers may have an incentive to bid...
A high performance long-reach passive optical network with a novel excess bandwidth distribution scheme

Science.gov (United States)

Chao, I.-Fen; Zhang, Tsung-Min

2015-06-01

Long-reach passive optical networks (LR-PONs) have been considered to be promising solutions for future access networks. In this paper, we propose a distributed medium access control (MAC) scheme over an advantageous LR-PON network architecture that reroutes the control information from and back to all ONUs through an (N + 1) × (N + 1) star coupler (SC) deployed near the ONUs, thereby overwhelming the extremely long propagation delay problem in LR-PONs. In the network, the control slot is designed to contain all bandwidth requirements of all ONUs and is in-band time-division-multiplexed with a number of data slots within a cycle. In the proposed MAC scheme, a novel profit-weight-based dynamic bandwidth allocation (P-DBA) scheme is presented. The algorithm is designed to efficiently and fairly distribute the amount of excess bandwidth based on a profit value derived from the excess bandwidth usage of each ONU, which resolves the problems of previously reported DBA schemes that are either unfair or inefficient. The simulation results show that the proposed decentralized algorithms exhibit a nearly three-order-of-magnitude improvement in delay performance compared to the centralized algorithms over LR-PONs. Moreover, the newly proposed P-DBA scheme guarantees low delay performance and fairness even when under attack by the malevolent ONU irrespective of traffic loads and burstiness.
Quid Pro Quo in IPOs: Why Book-Building is Dominating Auctions

OpenAIRE

Degeorge, François; Derrien, Francois; Womack, Kent L

2004-01-01

The book-building procedure for selling initial public offerings to investors has captured significant market share from auction alternatives in recent years, despite significantly lower costs in both direct fees and initial underpricing when using the auction mechanism. This paper shows that in the French market, where the frequency of book-building and auctions was about equal in the 1990s, the ostensible advantages to the issuer using book-building were advertising-related quid pro quo ben...
A Pareto Optimal Auction Mechanism for Carbon Emission Rights

Directory of Open Access Journals (Sweden)

Mingxi Wang

2014-01-01

Full Text Available The carbon emission rights do not fit well into the framework of existing multi-item auction mechanisms because of their own unique features. This paper proposes a new auction mechanism which converges to a unique Pareto optimal equilibrium in a finite number of periods. In the proposed auction mechanism, the assignment outcome is Pareto efficient and the carbon emission rights’ resources are efficiently used. For commercial application and theoretical completeness, both discrete and continuous markets—represented by discrete and continuous bid prices, respectively—are examined, and the results show the existence of a Pareto optimal equilibrium under the constraint of individual rationality. With no ties, the Pareto optimal equilibrium can be further proven to be unique.
Implementation of Auctions for Renewable Energy Support in the Netherlands and Denmark: A cooperation case study

DEFF Research Database (Denmark)

Gephart, Malte; Kitzing, Lena; Tiedeman, Silvana

This report deals with the potential implementation of opened auctions for Renewable Energy support in the Netherlands from 2017 on. The report focuses on the implementation process and provides the necessary background information. Furthermore the planned auction design is described and discussed...... of success criteria, of appropriate auction formats and suitable design elements for RES auctions, as well as the analysis of past auction implementations....
78 FR 21355 - Tribal Mobility Fund Phase I Auction Scheduled for October 24, 2013; Comment Sought on...

Science.gov (United States)

2013-04-10

... unit is the basic unit that will be used to determine the winners in Auction 902 and to measure... Bureaus will measure coverage based on population rather than road miles. Under the auction design options...: EV-DO, EV-DO Rev A, UMTS/HSPA, HSPA+, WiMAX, and LTE. If the Mosaik data did not show such coverage...
Franchise Bidding in the Water Industry- Auction Schemes and Investment Incentives

OpenAIRE

Urs Meister

2004-01-01

The periodical re-auction of a water monopoly concession causes the danger of underinvestment. If the life-time of specific assets such as water pipes exceeds the contract length and transferring the ownership of assets is difficult, the incumbent franchisee faces a hold-up problem. Using a simple auction model that considers the specifics of the piped water sector this paper shows that investment incentives may vary depending on the applied auction scheme. The model is designed as a two stag...
Elicited Bid Functions in a (a)Symmetric First-Price Auctions

NARCIS (Netherlands)

Pezanis-Christou, P.; Sadrieh, A.

2003-01-01

We report on a series of experiments that examine bidding behavior in first-price sealed bid auctions with symmetric and asymmetric bidders.To study the extent of strategic behavior, we use an experimental design that elicits bidders complete bid functions in each round (auction) of the
Tree Based Decision Strategies and Auctions in Computational Multi-Agent Systems

Czech Academy of Sciences Publication Activity Database

Šlapák, M.; Neruda, Roman

2017-01-01

Roč. 38, č. 4 (2017), s. 335-342 ISSN 0257-4306 Institutional support: RVO:67985807 Keywords : auction systems * decision making * genetic programming * multi-agent system * task distribution Subject RIV: IN - Informatics, Computer Science OBOR OECD: Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8) http://rev-inv-ope.univ-paris1.fr/fileadmin/rev-inv-ope/files/38417/38417-04.pdf
The large-scale solar feed-in tariff reverse auction in the Australian Capital Territory, Australia

International Nuclear Information System (INIS)

Buckman, Greg; Sibley, Jon; Bourne, Richard

2014-01-01

Feed-in tariffs (FiTs) offer renewable energy developers significant investor certainty but sometimes at the cost of being misaligned with generation costs. Reverse FiT auctions, where the FiT rights for a predetermined capacity are auctioned, can overcome this problem but can be plagued by non-delivery risks, particularly of competitively priced proposals. In 2012 and 2013 the Australian Capital Territory (ACT) Government in Australia conducted a FiT reverse auction for 40 MW of large-scale solar generating capacity, the first such auction undertaken in the country. The auction was highly competitive in relation to price and demonstrating low delivery risks. Proposal capital costs, particularly engineering, procurement and construction costs, as well as internal rates of return, were lower than expected. The auction process revealed limited land availability for large-scale solar developments in the ACT as well as a significant perceived sovereign risk issue. The auction process was designed to mitigate non-delivery risk by requiring proposals to be pre-qualified on the basis of delivery risk, before considering FiT pricing. The scheme is likely to be used by the ACT Government to support further large-scale renewable energy development as part of its greenhouse gas reduction strategy which is underpinned by a 90-per cent-by-2020 renewable energy target. - Highlights: • Evolution of the reverse auction process in the Australian Capital Territory. • Analysis of the outcomes of the first Australian feed-in tariff reverse auction. • Identification of the major drivers of the low FiT prices achieved in the auction. • Identification of major issues that emerged in the auction
Resource allocation using ANN in LTE

Science.gov (United States)

Yigit, Tuncay; Ersoy, Mevlut

2017-07-01

LTE is the 4th generation wireless network technology, which provides flexible bandwidth, higher data speeds and lower delay. Difficulties may be experienced upon an increase in the number of users in LTE. The objective of this study is to ensure a faster solution to any such resource allocation problems which might arise upon an increase in the number of users. A fast and effective solution has been obtained by making use of Artificial Neural Network. As a result, fast working artificial intelligence methods may be used in resource allocation problems during operation.
Auction based spectrum management of cognitive radio networks

DEFF Research Database (Denmark)

Chang, H. B.; Chen, K.-C.; Prasad, Ramjee

2009-01-01

(PS-MSs), and we therefore construct a cognitive radio network (CRN) consisting of a PRN with multiple CR-MSs. We propose a spectrum management policy framework such that CR-MSs can compete in utilization of the PRN spectrum bands available to opportunistic transmission of CR-MSs by Vickrey auction...... to the PRN, the overall spectrum utilization, the profit of the service provider, the spectrum access opportunity of the CR-MSs are increased to achieve cowin situation for every party in cognitive radio networks.......Cognitive radio (CR) technology is considered as an effective solution to enhance overall spectrum efficiency, especially primary radio network (PRN) typically having relatively low spectrum utilization. However, to realize CR concept, it is essential to provide enough incentives to PRN and extra...
Dynamic pricing and automated resource allocation for complex information services reinforcement learning and combinatorial auctions

CERN Document Server

Schwind, Michael; Fandel, G

2007-01-01

Many firms provide their customers with online information products which require limited resources such as server capacity. This book develops allocation mechanisms that aim to ensure an efficient resource allocation in modern IT-services. Recent methods of artificial intelligence, such as neural networks and reinforcement learning, and nature-oriented optimization methods, such as genetic algorithms and simulated annealing, are advanced and applied to allocation processes in distributed IT-infrastructures, e.g. grid systems. The author presents two methods, both of which using the users??? w
29 CFR 780.620 - Minimum wage for livestock auction work.

Science.gov (United States)

2010-07-01

... 29 Labor 3 2010-07-01 2010-07-01 false Minimum wage for livestock auction work. 780.620 Section 780.620 Labor Regulations Relating to Labor (Continued) WAGE AND HOUR DIVISION, DEPARTMENT OF LABOR... for Exemption § 780.620 Minimum wage for livestock auction work. The application of the exemption is...
47 CFR 69.502 - Base factor allocation.

Science.gov (United States)

2010-10-01

... 47 Telecommunication 3 2010-10-01 2010-10-01 false Base factor allocation. 69.502 Section 69.502... Segregation of Common Line Element Revenue Requirement § 69.502 Base factor allocation. Projected revenues from the following shall be deducted from the base factor portion to determine the amount that is...
Analysis of a yearly multi-round, multi-period, multi-product transmission rights auction

International Nuclear Information System (INIS)

Ziogos, N.P.; Bakirtzis, A.G.

2008-01-01

A yearly multi-round, multi-period, multi-product transmission rights (TR) auction issuing both point-to-point Financial Transmission Rights (FTRs) and Flow-Gate Rights (FGRs) is studied in this paper. In each round the TR market participants (buyers or sellers) submit their bid or offer prices based on past energy market performance. A Locational Marginal Pricing (LMP) based energy market is assumed. The TR market participants' bid or offer prices reflect their expectation of the average annual LMP differences between withdrawal and injections points for FTRs and of the transmission link capacity prices for FGRs. The TR auction is performed in four rounds; in each round 25% of the entire system capability is awarded. TRs that are awarded in one round are modeled as fixed injections in subsequent rounds. Market participants that have acquired TRs in one round can sell them in subsequent rounds. A market participant can submit bids or offers for on-peak, off-peak or 24-h TRs. A three-area, nine-bus test system with six TR market participants is used for the analysis of the TR auction. (author)
Improving the secrecy rate by turning foes to allies: An auction scheme

Science.gov (United States)

Ma, Ya-Yan; Wang, Bao-Yun

2015-09-01

Security against eavesdroppers is a critical issue in cognitive radio networks (CRNs). In this paper, a scenario consisting of one primary pair and multiple secondary pairs is considered. The secondary transmitters (STs) work in half-duplex mode and they are potential eavesdroppers on the primary transmission unless they are allowed to simultaneously transmit with the primary transmitter (PT). A modified second-price sealed-bid auction scheme is employed to model the interaction between the PT and STs. With the proposed auction scheme, the hostile relationship between the PT and STs is transformed into a cooperative relationship. An iterative algorithm based on the max-min criteria is proposed to find the optimal bidding power of the STs for an access chance in the presence of multiple eavesdroppers. Numerical results show that the proposed auction scheme not only improves the PT’s security but also increases the access opportunities of the STs. Project supported by the National Natural Science Foundation of China (Grant Nos. 61271232 and 61372126) and the University Postgraduate Research and Innovation Project in Jiangsu Province, China (Grant No. CXZZ12-0472).
Strategic Bidding in Multi-Unit Auctions with Capacity Constrained Bidders

DEFF Research Database (Denmark)

Schwenen, Sebastian

2015-01-01

This article employs a simple model to describe bidding behavior in multi-unit uniform price procurement auctions when firms are capacity constrained. Using data from the New York City procurement auctions for power generating capacity, I find that firms use simple bidding strategies to coordinate......'s capacities and its profits of undercutting increase....
Resource allocation based on cost efficiency

DEFF Research Database (Denmark)

Dehnokhalaji, Akram; Ghiyasi, Mojtaba; Korhonen, Pekka

2017-01-01

-objective linear programming problem using two different strategies. First, we propose an RA model which keeps the cost efficiencies of units unchanged. This is done assuming fixed technical and allocative efficiencies. The approach is based on the assumption that the decision maker (DM) may not have big changes......In this paper, we consider a resource allocation (RA) problem and develop an approach based on cost (overall) efficiency. The aim is to allocate some inputs among decision making units (DMUs) in such way that their cost efficiencies improve or stay unchanged after RA. We formulate a multi...... in the structure of DMUs within a short term. The second strategy does not impose any restrictions on technical and allocative efficiencies. It guarantees that none of the cost efficiencies of DMUs get worse after RA, and the improvement for units is possible if it is feasible and beneficial. Two numerical...
AUCTION MECHANISMS FOR IMPLEMENTING TRADABLE NETWORK PERMIT MARKETS

Science.gov (United States)

Wada, Kentaro; Akamatsu, Takashi

This paper proposes a new auction mechanism for implementing the tradable network permit markets. Assuming that each user makes a trip from an origin to a destination along a path in a specific time period, we design an auction mechanism that enables each user to purchase a bundle of permits corresponding to a set of links in the user's preferred path. The objective of the proposed mechanism is to achieve a socially optimal state with minimal revelation of users' private information. In order to achieve this, the mechanism employs an evolutionary approach that has an auction phase and a path capacity adjustment phase, which are repeated on a day-to-day basis. We prove that the proposed mechanism has the following desirable properties: (1) truthful bidding is the dominant strategy for each user and (2) the proposed mechanism converges to an approximate socially optimal state in the sense that the achieved value of the social surplus reaches its maximum value when the number of users is large.

Free allocations in EU ETS Phase 3: The impact of emissions performance benchmarking for carbon-intensive industry - Working Paper No. 2013-14

International Nuclear Information System (INIS)

Lecourt, S.; Palliere, C.; Sartor, O.

2013-02-01

From Phase 3 (2013-20) of the European Union Emissions Trading Scheme, carbon-intensive industrial emitters will receive free allocations based on harmonised, EU-wide benchmarks. This paper analyses the impacts of these new rules on allocations to key energy-intensive sectors across Europe. It explores an original dataset that combines recent data from the National Implementing Measures of 20 EU Member States with the Community Independent Transaction Log and other EU documents. The analysis reveals that free allocations to benchmarked sectors will be reduced significantly compared to Phase 2 (2008-12). This reduction should both increase public revenues from carbon auctions and has the potential to enhance the economic efficiency of the carbon market. The analysis also shows that changes in allocation vary mostly across installations within countries, raising the possibility that the carbon-cost competitiveness impacts may be more intense within rather than across countries. Lastly, the analysis finds evidence that the new benchmarking rules will, as intended, reward installations with better emissions performance and will improve harmonisation of free allocations in the EU ETS by reducing differences in allocation levels across countries with similar carbon intensities of production. (authors)
A cooperative online learning scheme for resource allocation in 5G systems

KAUST Repository

Alqerm, Ismail; Shihada, Basem

2016-01-01

The demand on mobile Internet related services has increased the need for higher bandwidth in cellular networks. The 5G technology is envisioned as a solution to satisfy this demand as it provides high data rates and scalable bandwidth. The multi-tier heterogeneous structure of 5G with dense base station deployment, relays, and device-to-device (D2D) communications intends to serve users with different QoS requirements. However, the multi-tier structure causes severe interference among the multi-tier users which further complicates the resource allocation problem. In this paper, we propose a cooperative scheme to tackle the interference problem, including both cross-tier interference that affects macro users from other tiers and co-tier interference, which is among users belong to the same tier. The scheme employs an online learning algorithm for efficient spectrum allocation with power and modulation adaptation capability. Our evaluation results show that our online scheme outperforms others and achieves significant improvements in throughput, spectral efficiency, fairness, and outage ratio. © 2016 IEEE.
A cooperative online learning scheme for resource allocation in 5G systems

KAUST Repository

Alqerm, Ismail

2016-07-26

The demand on mobile Internet related services has increased the need for higher bandwidth in cellular networks. The 5G technology is envisioned as a solution to satisfy this demand as it provides high data rates and scalable bandwidth. The multi-tier heterogeneous structure of 5G with dense base station deployment, relays, and device-to-device (D2D) communications intends to serve users with different QoS requirements. However, the multi-tier structure causes severe interference among the multi-tier users which further complicates the resource allocation problem. In this paper, we propose a cooperative scheme to tackle the interference problem, including both cross-tier interference that affects macro users from other tiers and co-tier interference, which is among users belong to the same tier. The scheme employs an online learning algorithm for efficient spectrum allocation with power and modulation adaptation capability. Our evaluation results show that our online scheme outperforms others and achieves significant improvements in throughput, spectral efficiency, fairness, and outage ratio. © 2016 IEEE.
Comparison of Group-Buying Online Auction and Posted Pricing Mechanism in an Uncertain Market

Institute of Scientific and Technical Information of China (English)

CHEN Jian; LIU Yunhui; SONG Xiping

2004-01-01

Demand uncertainty is a key factor for the seller's decision making, especially in the e-business environment, for the website to sell products through the online auction. In this paper, two kinds of demand uncertainties are considered: the consumer regime uncertainty and the inherent randomness of the market environment. Then, how to use a novel business model and group-buying auction (GBA) is analyzed in such a market environment. Based on the comparison of the GBA and the posted price mechanism, some conditions that favor the GBA are provided.
Analysis on trust influencing factors and trust model from multiple perspectives of online Auction

Science.gov (United States)

Yu, Wang

2017-10-01

Current reputation models lack the research on online auction trading completely so they cannot entirely reflect the reputation status of users and may cause problems on operability. To evaluate the user trust in online auction correctly, a trust computing model based on multiple influencing factors is established. It aims at overcoming the efficiency of current trust computing methods and the limitations of traditional theoretical trust models. The improved model comprehensively considers the trust degree evaluation factors of three types of participants according to different participation modes of online auctioneers, to improve the accuracy, effectiveness and robustness of the trust degree. The experiments test the efficiency and the performance of our model under different scale of malicious user, under environment like eBay and Sporas model. The experimental results analysis show the model proposed in this paper makes up the deficiency of existing model and it also has better feasibility.
A Sealed-Bid Two-Attribute Yardstick AuctionWithout Prior Scoring

DEFF Research Database (Denmark)

Leth Hougaard, Jens; Nielsen, Kurt; Papakonstantinou, Athanasios

2016-01-01

that following this type of equilibrium behavior often leads to winner’s curse. The simulations show that in auctions with more than 12 participants the chance of facing winner’s curse is around 95%. Truthful reporting, on the other hand, does not constitute a Nash equilibrium but it is ex post individually......We analyze a two-attribute single item procurement auction that uses yardstick competition to settle prices. The auction simplifies the procurement process by reducing the principal’s articulation of preferences to simply choosing the most preferred offer as if it was a market with posted prices...... rational. Using a simulation study we demonstrate that truthful bidding may indeed represent some kind of focal point....
Resource Allocation for the Multiband Relay Channel: A Building Block for Hybrid Wireless Networks

Directory of Open Access Journals (Sweden)

Kyounghwan Lee

2010-01-01

Full Text Available We investigate optimal resource allocation for the multiband relay channel. We find the optimal power and bandwidth allocation strategies that maximize the bounds on the capacity, by solving the corresponding max-min optimization problem. We provide sufficient conditions under which the associated max-min problem is equivalent to a supporting plane problem, which renders the solution for an arbitrary number of bands tractable. In addition, the sufficient conditions derived are general enough so that a class of utility functions can be accommodated with this formulation. As an example, we concentrate on the case where the source has two bands and the relay has a single band available and find the optimal resource allocation. We observe that joint power and bandwidth optimization always yields higher achievable rates than power optimization alone, establishing the merit of bandwidth sharing. Motivated by our analytical results, we examine a simple scenario where new channels become available for a transmitter to communicate; that is, new source to relay bands are added to a frequency division relay network. Given the channel conditions of the network, we establish the guidelines on how to allocate resources in order to achieve higher rates, depending on the relative quality of the available links.
Benchmark-based emission allocation in a cap-and-trade system

International Nuclear Information System (INIS)

Groenenberg, H.; Blok, K.

2002-01-01

One of the important bottlenecks for the introduction of emission trading is how allowances should be distributed among the participants in a trading scheme. Both grandfathering on the basis of historic emissions and auctioning have important drawbacks. In this paper, we propose an allowance distribution rule based on bench-marking of production processes: each company's share in the total allowance is determined by its production level and a reference emission level per product. The scheme shows some important advantages compared to other schemes
Rigging the lobbying process: An application of the all-pay-auction

NARCIS (Netherlands)

M.R. Baye (Michael); D. Kovenock (Dan); C.G. de Vries (Casper)

1993-01-01

textabstractIn a world where a politician can explicitly auction off a prize to the high bidder, the standard auction literature can be used to analyse political behavior. The justice system, however, precludes politicians from explicitly selling the prize to the highest bidder. Thus politicians
Opening and Closing Price Efficiency: Do Financial Markets need the Call Auction?

OpenAIRE

Ibikunle, Gbenga

2015-01-01

We model 73.62 million London Stock Exchange (LSE) trades and show that the LSE’s high rate of failure to open at the opening auction only relates to low volume stocks. Low volume stock traders avoid trading until the open; this seems connected to their evading the informed trading-dominated opening auction. For the largest volume stocks, the opening auction provides highly efficient opening prices, while the lower volume stocks attain similar levels of price efficiency only after the start o...
Bandwidth Management in Wireless Home Networks for IPTV Solutions

Directory of Open Access Journals (Sweden)

Tamás Jursonovics

2013-01-01

Full Text Available The optimal allocation of the retransmission bandwidth is essential for IPTV service providers to ensure maximal service quality. This paper highlights the relevance of the wireless transport in today’s IPTV solution and discusses how this new media affects the existing broadcast technologies. A new Markovian channel model is developed to address the optimization issues of the retransmission throughput, and a new method is presented which is evaluated by empirical measurements followed by mathematical analysis.
Methodology for the free allocation of emission allowances in the EU ETS post 2012. Sector report for the chemical industry

Energy Technology Data Exchange (ETDEWEB)

NONE

2009-11-15

In 2013, the third trading period of the EU emission trading scheme (EU ETS) will start. With a few exceptions, no free allocation of emission allowances is foreseen in this third trading period for the emissions related to the production of electricity. These emission allowances will be auctioned. For other emissions, transitional free allocation of emission allowances is envisioned. This free allocation will be based on Community wide allocation rules that will, to the extent feasible, be based on ex-ante benchmarks. In 2013, the free allocation is 80% of the quantity determined via these rules, going down to 30% in 2020. An exception is made for activities that are deemed to be exposed to a significant risk of carbon leakage. These activities will receive an allocation of 100% of the quantity determined via the rules. The benchmarks should in principle be calculated for products, i.e. a specific performance per unit productive output, to ensure that they maximize greenhouse gas reductions throughout each production process of the sectors concerned. In this study for the European Commission, a blueprint for a methodology based on benchmarking is developed to determine the allocation rules in the EU ETS from 2013 onwards. In case where benchmarking is not regarded feasible, alternative approaches are suggested. The methodology allows determining the allocation for each EU ETS installation eligible for free allocation of emission allowances. The focus of this study is on preparing a first blueprint of an allocation methodology for free allocation of emission allowances under the EU Emission Trading Scheme for the period 2013-2020 for installations in the refinery industry. The report should be read in conjunction with the report on the project approach and general issues.
Methodology for the free allocation of emission allowances in the EU ETS post 2012. Sector report for the refinery industry

Energy Technology Data Exchange (ETDEWEB)

NONE

2009-11-15

In 2013, the third trading period of the EU emission trading scheme (EU ETS) will start. With a few exceptions, no free allocation of emission allowances is foreseen in this third trading period for the emissions related to the production of electricity. These emission allowances will be auctioned. For other emissions, transitional free allocation of emission allowances is envisioned. This free allocation will be based on Community wide allocation rules that will, to the extent feasible, be based on ex-ante benchmarks. In 2013, the free allocation is 80% of the quantity determined via these rules, going down to 30% in 2020. An exception is made for activities that are deemed to be exposed to a significant risk of carbon leakage. These activities will receive an allocation of 100% of the quantity determined via the rules. The benchmarks should in principle be calculated for products, i.e. a specific performance per unit productive output, to ensure that they maximize greenhouse gas reductions throughout each production process of the sectors concerned. In this study for the European Commission, a blueprint for a methodology based on benchmarking is developed to determine the allocation rules in the EU ETS from 2013 onwards. In case where benchmarking is not regarded feasible, alternative approaches are suggested. The methodology allows determining the allocation for each EU ETS installation eligible for free allocation of emission allowances. The focus of this study is on preparing a first blueprint of an allocation methodology for free allocation of emission allowances under the EU Emission Trading Scheme for the period 2013-2020 for installations in the refinery industry. The report should be read in conjunction with the report on the project approach and general issues.
Pure equilibrium strategies in multi-unit auctions with private value bidders

Czech Academy of Sciences Publication Activity Database

Břeský, Michal

-, č. 376 (2008), s. 1-44 ISSN 1211-3298 Institutional research plan: CEZ:MSM0021620846 Keywords : multiple-unit auction * existence of equilibrium in discontinuous games * pay-your- bid and uniform-price auctions Subject RIV: AH - Economics http://www.cerge-ei.cz/pdf/wp/Wp376.pdf
Terahertz bandwidth all-optical Hilbert transformers based on long-period gratings.

Science.gov (United States)

Ashrafi, Reza; Azaña, José

2012-07-01

A novel, all-optical design for implementing terahertz (THz) bandwidth real-time Hilbert transformers is proposed and numerically demonstrated. An all-optical Hilbert transformer can be implemented using a uniform-period long-period grating (LPG) with a properly designed amplitude-only grating apodization profile, incorporating a single π-phase shift in the middle of the grating length. The designed LPG-based Hilbert transformers can be practically implemented using either fiber-optic or integrated-waveguide technologies. As a generalization, photonic fractional Hilbert transformers are also designed based on the same optical platform. In this general case, the resulting LPGs have multiple π-phase shifts along the grating length. Our numerical simulations confirm that all-optical Hilbert transformers capable of processing arbitrary optical signals with bandwidths well in the THz range can be implemented using feasible fiber/waveguide LPG designs.
Improving the Bandwidth Selection in Kernel Equating

Science.gov (United States)

Andersson, Björn; von Davier, Alina A.

2014-01-01

We investigate the current bandwidth selection methods in kernel equating and propose a method based on Silverman's rule of thumb for selecting the bandwidth parameters. In kernel equating, the bandwidth parameters have previously been obtained by minimizing a penalty function. This minimization process has been criticized by practitioners…
Dynamic Subcarrier Allocation for Real-Time Traffic over Multiuser OFDM Systems

Directory of Open Access Journals (Sweden)

Li VictorOK

2009-01-01

Full Text Available A dynamic resource allocation algorithm to satisfy the packet delay requirements for real-time services, while maximizing the system capacity in multiuser orthogonal frequency division multiplexing (OFDM systems is introduced. Our proposed cross-layer algorithm, called Dynamic Subcarrier Allocation algorithm for Real-time Traffic (DSA-RT, consists of two interactive components. In the medium access control (MAC layer, the users' expected transmission rates in terms of the number of subcarriers per symbol and their corresponding transmission priorities are evaluated. With the above MAC-layer information and the detected subcarriers' channel gains, in the physical (PHY layer, a modified Kuhn-Munkres algorithm is developed to minimize the system power for a certain subcarrier allocation, then a PHY-layer resource allocation scheme is proposed to optimally allocate the subcarriers under the system signal-to-noise ratio (SNR and power constraints. In a system where the number of mobile users changes dynamically, our developed MAC-layer access control and removal schemes can guarantee the quality of service (QoS of the existing users in the system and fully utilize the bandwidth resource. The numerical results show that DSA-RT significantly improves the system performance in terms of the bandwidth efficiency and delay performance for real-time services.
Sets in Excess Demand in Ascending Auctions with Unit-Demand Bidders

NARCIS (Netherlands)

Andersson, T.D.; Andersson, C.; Talman, A.J.J.

2010-01-01

This paper analyzes the problem of selling a number of indivisible items to a set of unitdemand bidders. An ascending auction mechanism called the Excess Demand Ascending Auction (EDAA) is defined. The main results demonstrate that EDAA terminates in a finite number of iterations and that the exact
Former Auctioneer Finds Voice After Aphasia

Science.gov (United States)

... Aphasia Follow us Former Auctioneer Finds Voice After Aphasia Speech impairment changed his life One unremarkable September ... 10 Tips for Communicating with Someone who has Aphasia Talk to them in a quiet, calm, relaxed ...
Identification of shareholder ethics and responsibilities in online reverse auctions for construction projects.

Science.gov (United States)

Hatipkarasulu, Yilmaz; Gill, James H

2004-04-01

The increasing number of companies providing internet services and auction tools helped popularize the online reverse auction trend for purchasing commodities and services in the last decade. As a result, a number of owners, both public and private, accepted the online reverse auctions as the bidding technique for their construction projects. Owners, while trying to minimize their costs for construction projects, are also required to address their ethical responsibilities to the shareholders. In the case of online reverse auctions for construction projects, the ethical issues involved in the bidding technique directly reflects on the owner's ethical and social responsibilities to their shareholders. The goal of this paper is to identify the shareholder ethics and responsibilities in online reverse auctions for construction projects by analyzing the ethical issues for the parties involved in the process. The identification of the ethical issues and responsibilities requires clear definition and understanding of professional ethics and the roles of the involved parties. In this paper, first, the concept of professional ethics and social responsibility is described in a general form. To illustrate the ethical issues and responsibilities, a sample case of bidding for a construction project using online reverse auction techniques is presented in which the shareholders were actively involved in questioning the ethical issues. The issues involved in the bidding process and their reflection on the shareholder responsibilities are described and analyzed for each stage of the process. A brief discussion of the overall process is also included to address the general ethical issues involved in online reverse auctions.

A new quantum sealed-bid auction protocol with secret order in post-confirmation

Science.gov (United States)

Wang, Jing-Tao; Chen, Xiu-Bo; Xu, Gang; Meng, Xiang-Hua; Yang, Yi-Xian

2015-10-01

A new security protocol for quantum sealed-bid auction is proposed to resist the collusion attack from some malicious bidders. The most significant feature of this protocol is that bidders prepare their particles with secret order in post-confirmation for encoding bids. In addition, a new theorem and its proof are given based on the theory of combinatorial mathematics, which can be used as evaluation criteria for the collusion attack. It is shown that the new protocol is immune to the collusion attack and meets the demand for a secure auction. Compared with those previous protocols, the security, efficiency and availability of the proposed protocol are largely improved.
Cryptographically Secure Multiparty Computation and Distributed Auctions Using Homomorphic Encryption

Directory of Open Access Journals (Sweden)

Anunay Kulshrestha

2017-12-01

Full Text Available We introduce a robust framework that allows for cryptographically secure multiparty computations, such as distributed private value auctions. The security is guaranteed by two-sided authentication of all network connections, homomorphically encrypted bids, and the publication of zero-knowledge proofs of every computation. This also allows a non-participant verifier to verify the result of any such computation using only the information broadcasted on the network by each individual bidder. Building on previous work on such systems, we design and implement an extensible framework that puts the described ideas to practice. Apart from the actual implementation of the framework, our biggest contribution is the level of protection we are able to guarantee from attacks described in previous work. In order to provide guidance to users of the library, we analyze the use of zero knowledge proofs in ensuring the correct behavior of each node in a computation. We also describe the usage of the library to perform a private-value distributed auction, as well as the other challenges in implementing the protocol, such as auction registration and certificate distribution. Finally, we provide performance statistics on our implementation of the auction.
A JOINT EXPERIMENTAL ANALYSIS OF INVESTOR BEHAVIOR IN IPO PRICING METHODS

Directory of Open Access Journals (Sweden)

Vinicio de Souza e Almeida

2015-01-01

Full Text Available This article jointly examines the differences of laboratory versions of the Dutch clock open auction, a sealed-bid auction to represent book building, and a two-stage sealed bid auction to proxy for the “competitive IPO”, a recent innovation used in a few European equity initial public offerings. We investigate pricing, seller allocation, and buyer welfare allocation efficiency and conclude that the book building emulation seems to be as price efficient as the Dutch auction, even after investor learning, whereas the competitive IPO is not price efficient, regardless of learning. The competitive IPO is the most seller allocative efficient method because it maximizes offer proceeds. The Dutch auction emerges as the most buyer welfare allocative efficient method. Underwriters are probably seeking pricing efficiency rather than seller or buyer welfare allocative efficiency and their discretionary pricing and allocation must be important since book building is prominent worldwide.
Do auctions and forced divestitures increase competition? Evidence for retail gasoline markets

NARCIS (Netherlands)

Soetevent, A.R.; Haan, M.A.; Heijnen, P.

2008-01-01

Where markets are insufficiently competitive, governments can intervene by auctioning licenses to operate or by forcing divestitures. The Dutch government has done exactly that, organizing auctions to redistribute tenancy rights for highway gasoline stations and forcing the divestiture of outlets of
Report on the behalf of the Foreign Affairs, Defence and Armed Forces Commission on: the bill project (accelerated procedure) authorizing the ratification of the joint procurement agreement for a designation by auction of common bid platforms, and the bill project (accelerated procedure) authorizing the ratification of the joint procurement agreement for a designation by auction of an auction monitor. Nr 171

International Nuclear Information System (INIS)

Boulaud, Didier

2011-01-01

This document first presents the currently operating greenhouse gas emission quota trading scheme and its evolution according to which quotas will be put up for auction. Then, it more precisely describes different aspects of this arrangement: general economy of the auction system, common auction platforms, auction monitor, and market procedures. Consequences on the French law are presented. The ratification procedure is discussed
77 FR 9655 - Mobility Fund Phase I Auction Updated List of Potentially Eligible Census Blocks

Science.gov (United States)

2012-02-17

... FEDERAL COMMUNICATIONS COMMISSION [AU Docket No. 12-25; DA 12-187] Mobility Fund Phase I Auction.... DATES: Pursuant to the Auction 901 (Mobility Fund Phase I) Comment Public Notice, 77 FR 7152, February... 9, 2012. ADDRESSES: Pursuant to the Auction 901 (Mobility Fund Phase I) Comment Public Notice, 77 FR...
Potential benefits of selling by auction the CIP 6 energy

International Nuclear Information System (INIS)

Campidoglio, C.

2000-01-01

This paper analyses the potential benefits of selling by auction the CIP 6 energy. This would both reduce the supply shortage and the prices on the eligible market, increase competition on the contract-for-difference market, indicate a clear price to which regulated energy charges could be indexed, thus extending the auction benefits to the franchise market to avoid the reintroduction of cross-subsidies [it
Hierarchical resource allocation for robust in-home video streaming

NARCIS (Netherlands)

Stok, van der P.D.V.; Jarnikov, D.; Kozlov, S.; Hartskamp, van M.A.; Lukkien, J.J.

2007-01-01

High quality video streaming puts high demands on network and processor resources. The bandwidth of the communication medium and the timely arrival of the frames necessitate a tight resource allocation. Given the dynamic environment where videos are started and stopped and electro-magnetic
Do auctions and forced divestitures increase competition? Evidence for retail gasoline markets

NARCIS (Netherlands)

Soetevent, A.R.; Haan, M.A.; Heijnen, P.

2014-01-01

To foster competition, governments can intervene by auctioning licenses to operate, or by imposing divestitures. The Dutch government has done exactly that, organizing auctions to redistribute tenancy rights for highway gasoline stations and imposing divestitures of such stations on the four major
Efficient and Secure Comparison for On-Line Auctions

DEFF Research Database (Denmark)

Damgård, Ivan Bjerre; Krøigaard, Mikkel; Geisler, Martin Joakim

2007-01-01

We propose a protocol for secure comparison of integers based on homomorphic encryption. We also propose a homomorphic encryption scheme that can be used in our protocol and makes it more efficient than previous solutions. Our protocol is well-suited for application in on-line auctions, both...... with respect to functionality and performance. It minimizes the amount of information bidders need to send, and for comparison of 16 bit numbers with security based on 1024 bit RSA (executed by two parties), our implementation takes 0.28 seconds including all computation and communication. Using precomputation...
Understanding overbidding: using the neural circuitry of reward to design economic auctions.

Science.gov (United States)

Delgado, Mauricio R; Schotter, Andrew; Ozbay, Erkut Y; Phelps, Elizabeth A

2008-09-26

We take advantage of our knowledge of the neural circuitry of reward to investigate a puzzling economic phenomenon: Why do people overbid in auctions? Using functional magnetic resonance imaging (fMRI), we observed that the social competition inherent in an auction results in a more pronounced blood oxygen level-dependent (BOLD) response to loss in the striatum, with greater overbidding correlated with the magnitude of this response. Leveraging these neuroimaging results, we design a behavioral experiment that demonstrates that framing an experimental auction to emphasize loss increases overbidding. These results highlight a role for the contemplation of loss in understanding the tendency to bid "too high." Current economic theories suggest overbidding may result from either "joy of winning" or risk aversion. By combining neuroeconomic and behavioral economic techniques, we find that another factor, namely loss contemplation in a social context, may mediate overbidding in auctions.
Least-Present-Value-of-Revenue Auctions and Highway Franchising

OpenAIRE

Eduardo M.R.A. Engel; Ronald D. Fischer; Alexander Galetovic

1998-01-01

In recent years several countries have started massive highway franchising programs auctioned to private firms. In these auctions, the regulator typically sets the franchise term and firms bid on tolls, or, alternatively, the regulator sets tolls and the winner is the firm that asks for the shortest franchise term. In this paper we argue that many of the problems that highway franchises have encountered are due to the fact that the franchise term cannot adjust to demand realizations. We propo...
What’s a Cricketer’s Worth? Predicting Bid Prices for Indian Premier League Auctions

Directory of Open Access Journals (Sweden)

Siddhartha K. RASTOGI

2017-04-01

Full Text Available Indian Premier League is a twenty-over format cricket tournament of teams representing different Indian cities. Beginning 2008, it is established now as a grand annual affair. The team franchises are auctioned on long term basis, whereas cricketers are auctioned every season under certain conditions. Despite such wealth of information, studies on IPL auctions are rare barring four cited models. The present paper studies the results of year 2011 English-style auction of cricketers and recalibrates the old yet most accurate model by Rastogi and Deodhar (2009. Both models use ordinary least square method of regression albeit with different variable. The old models lack predictive power, whereas the recalibrated model presented displays better predictive capability as compared to earlier models. It also succeeds in reducing overall predictability gap and stands significantly parsimonious vis-à-vis previous models. Further, the final model presented is applied on 2013 and 2014 auction data to show superior results.
The use of importance and performance analysis (IPA) to evaluate effectiveness of the forward auction market agro commodities: A case study

Science.gov (United States)

Wulansari, Dwi Ratna; Sutopo, Wahyudi; Hisjam, Muh.

2018-02-01

The empowering auction market for commodities in East Java Province is one of five auction market revitalization programs conducted by the Republic of Indonesia c.q. Ministry of Trading started in 2014. One of the districts in East Java Province, namely Magetan District utilizes the commodity auction market to improve the competitiveness of their agricultural industry by shortening the supply chain. The Magetan District needs to evaluate their support for farmers or farmer groups to participate in the forward auction market (FAM). Implementation of the FAM commodities is divided into three main processes, namely pre-auction, auction, and post-auction. The auction market is organized to shorten the trading chain. Implementation of the FAM requires good planning, among Seller (namely Farmer or Farmer Group), organizer of Auction (namely Commodity Auction Company), Buyer, and Local Government (namely the farmer facilitator). This article is aimed to develop the instrument of a Performance Measurement Model Using Important and Performance Analysis (IPA) for Improving the FAM Effectiveness of Agro Commodity from Magetan District with Supply Chain Management approach. IPA is implemented at pre-auction, auction, and post-auction. The IPA model results in the diagram to decide the strategies in improving the FAM effectiveness, and then it can encourage farmers to improve welfare and realize the competitiveness of the auctioneer.
Energy Efficient Power Allocation for Cognitive MIMO Channels

KAUST Repository

Sboui, Lokman

2016-01-06

Two major issues are facing today s wireless communications evolution: -Spectrum scarcity: Need for more bandwidth. As a solution, the Cognitive Radio (CR) paradigm, where secondary users (unlicensed) share the spectrum with licensed users, was introduced. -Energy consumption and CO2 emission: The ICT produces 2% of global CO2 emission (equivalent to the aviation industry emission). The cellular networks produces 0.2%. As solution energy efficient systems should be designed rather than traditional spectral efficient systems. In this work, an energy efficient power allocation framework based on maximizing the average EE per parallel channel is presented.
Output-based allocation and investment in clean technologies

Energy Technology Data Exchange (ETDEWEB)

Rosendahl, Knut Einar; Storroesten, Halvor Briseid

2011-07-01

Allocation of emission allowances may affect firms' incentives to invest in clean technologies. In this paper we show that so-called output-based allocation tends to stimulate such investments as long as individual firms do not assume the regulator to tighten the allocation rule as a consequence of their investments. The explanation is that output-based allocation creates an implicit subsidy to the firms' output, which increases production, leads to a higher price of allowances, and thus increases the incentives to invest in clean technologies. On the other hand, if the firms expect the regulator to tighten the allocation rule after observing their clean technology investment, the firms' incentives to invest are moderated. If strong, this last effect may outweigh the enhanced investment incentives induced by increased output and higher allowance price. (Author)
Auction pricing of network access for North American railways

DEFF Research Database (Denmark)

Harrod, Steven

2013-01-01

The question of pricing train paths for "open access" railway networks in North America is discussed. An auction process is suggested as necessary to maintain transparency in the contracting process. Multiple random samples of auction pricing for a single track railway line demonstrate...... that the infrastructure entity will receive approximately 15.6% less than the true value of the contracted train paths. This loss of revenue threatens the objective of reducing government subsidy for the railway network. (C) 2012 Elsevier Ltd. All rights reserved....
7 CFR 46.25 - Auction sales.

Science.gov (United States)

2010-01-01

... 7 Agriculture 2 2010-01-01 2010-01-01 false Auction sales. 46.25 Section 46.25 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing Practices), DEPARTMENT OF AGRICULTURE MARKETING OF PERISHABLE AGRICULTURAL COMMODITIES REGULATIONS (OTHER...
On the power and offset allocation for rate adaptation of spatial multiplexing in optical wireless MIMO channels

KAUST Repository

Park, Kihong

2013-04-01

In this paper, we consider resource allocation method in the visible light communication. It is challenging to achieve high data rate due to the limited bandwidth of the optical sources. In order to increase the spectral efficiency, we design a suitable multiple-input multiple-output (MIMO) system utilizing spatial multiplexing based on singular value decomposition and adaptive modulation. More specifically, after explaining why the conventional allocation method in radio frequency MIMO channels cannot be applied directly to the optical intensity channels, we theoretically derive a power allocation method for an arbitrary number of transmit and receive antennas for optical wireless MIMO systems. Based on three key constraints: the nonnegativity of the intensity-modulated signal, the aggregate optical power budget, and the bit error rate requirement, we propose a novel method to allocate the optical power, the offset value, and the modulation size. Based on some selected simulation results, we show that our proposed allocation method gives a better spectral efficiency at the expense of an increased computational complexity in comparison to a simple method that allocates the optical power equally among all the data streams. © 2013 IEEE.
On the power and offset allocation for rate adaptation of spatial multiplexing in optical wireless MIMO channels

KAUST Repository

Park, Kihong; Ko, Youngchai; Alouini, Mohamed-Slim

2013-01-01

In this paper, we consider resource allocation method in the visible light communication. It is challenging to achieve high data rate due to the limited bandwidth of the optical sources. In order to increase the spectral efficiency, we design a suitable multiple-input multiple-output (MIMO) system utilizing spatial multiplexing based on singular value decomposition and adaptive modulation. More specifically, after explaining why the conventional allocation method in radio frequency MIMO channels cannot be applied directly to the optical intensity channels, we theoretically derive a power allocation method for an arbitrary number of transmit and receive antennas for optical wireless MIMO systems. Based on three key constraints: the nonnegativity of the intensity-modulated signal, the aggregate optical power budget, and the bit error rate requirement, we propose a novel method to allocate the optical power, the offset value, and the modulation size. Based on some selected simulation results, we show that our proposed allocation method gives a better spectral efficiency at the expense of an increased computational complexity in comparison to a simple method that allocates the optical power equally among all the data streams. © 2013 IEEE.

Retailers and consumers in sequential auctions of collectibles

DEFF Research Database (Denmark)

Vincent Lyk-Jensen, Stéphanie; Chanel, Olivier

2007-01-01

We analyse an independent private-value model, where heterogeneous bidders compete for objects sold in sequential second-price auctions. In this heterogeneous game, bidders may have differently distributed valuations, and some have multi-unit demand with decreasing marginal values (retailers......); others have a specific single-unit demand (consumers). By examining equilibrium bidding strategies and price sequences, we show that the presence of consumers leads to more aggressive bidding from the retailers on average and heterogeneous bidders is a plausible explanation of the price decline effect....... The study of the expected revenue of the seller confirms the interest of auctioneers in inviting different types of bidders...
Analysis of a monthly auction for financial transmission rights and flow-gate rights

International Nuclear Information System (INIS)

Biskas, P.N.; Ziogos, N.P.; Bakirtzis, A.G.

2007-01-01

A monthly transmission rights (TR) auction issuing both point-to-point financial transmission rights (FTRs) and flow-gate rights (FGRs) is studied in this paper. Initially, a locational marginal pricing (LMP) based energy market is presented, in which the linear security constrained optimal power flow (SCOPF) problem is solved for each hour of system operation, determining the nodal prices, the transmission link capacity prices and the transmission congestion charges (TCCs) that should be collected by the ISO in case of congestion. A monthly auction is conducted in the TR market issuing FTR obligations, FTR options and FGRs to market players, building a link between all types of transmission rights under the same market structure. Combining the advantages of financial and physical rights, the market efficiency can be enhanced by offering a variety of choices for risk management to market players. The monthly TR auction is tested on several case studies using the IEEE three-area RTS96 and useful conclusions are drawn concerning the utility of the various types of transmission rights as compared to one another, in terms of the reimbursement they provide to their holders. (author)
A theoretical analysis of procurement auctions for tertiary control in Germany

International Nuclear Information System (INIS)

Mueller, Gernot; Rammerstorfer, Margarethe

2008-01-01

As far as energy policy is concerned, the design of the regulatory framework for energy transmission and distribution is a key issue. Consequently, also the embodiment of balancing power markets drives mainly the effectiveness of political implications for the energy sector. Initially, tertiary control in Germany was solely offered by transmission system operators of the respective power control areas and their associated power plant. The recast of the Energy Industry Act of 2005 led in last consequence to a common procurement auction for the supply of tertiary control, which starts on December 1, 2006. Admittedly, the reform has fallen short of expectations so far, first concerning the intensification of market entry of tertiary control providers as well as the desired decline of the price level. Hence, this article examines the effects of the changeover on observable demand charges. In order to identify attributes of the common procurement auction for tertiary control hampering market entry of providers, giving stimuli to collusion and strategic behavior, reducing intensity of competition and encouraging an upswing of prices, we analyze the design under an auction theoretical approach and deduce empirically whether structural components of the auction design have to be touched up again
The institutionalization of treasury note and bond auctions, 1970-75

OpenAIRE

Kenneth D. Garbade

2004-01-01

The substitution of auctions for fixed-price offerings was expected to lower the U.S. Treasury's cost of financing the federal debt. Despite this and other potential benefits, the Treasury failed in both 1935 and 1963 in its attempts to introduce regular auction sales of coupon-bearing securities. This article examines the Treasury's third and successful attempt between 1970 and 1975. The author identifies three likely reasons why the Treasury succeeded in the early 1970s: it closely imitated...
Non-existence of Equilibria in Simultaneous Auctions with a Common Budget-Constraint

DEFF Research Database (Denmark)

Ghosh, Gagan

2015-01-01

I analyze an auction environment where two units of an object are sold at two simultaneous, sealed-bid, first-price auctions to bidders who have a one-dimensional type space, where a type represents the value a bidder places on each of the two units. All bidders have an identical budget constrain...
An Auction Market for Journal Articles

NARCIS (Netherlands)

Prüfer, J.; Zetland, D.

2007-01-01

Economic articles are published very slowly. We believe this results from the poor incentives referees face. We recommend that an auction market replace the current, push system for submitting papers and demonstrate that our proposed market has a stable, Pareto-improving equilibrium. Besides the
An Auction Market for Journal Articles

NARCIS (Netherlands)

Prüfer, J.; Zetland, D.

2007-01-01

Economic articles are published very slowly. We believe this results mainly from the poor incentives referees face. We recommend that an auction market replace the current system for submitting papers and demonstrate a strict Pareto-improvement of equilibrium. Besides the benefits of speed, this
Multiparty Quantum English Auction Scheme Using Single Photons as Message Carrier

Science.gov (United States)

Liu, Ge; Zhang, Jian-Zhong; Xie, Shu-Cui

2018-03-01

In this paper, a secure and economic multiparty english auction protocol using the single photons as message carrier of bids is proposed. In order to achieve unconditional security, fairness, undeniability and so on, we adopt the decoy photon checking technique and quantum encryption algorithm. Analysis result shows that our protocol satisfies all the characteristics of traditional english auction, meanwhile, it can resist malicious attacks.
Threshold-based bandwidth allocation scheme for multiservice ...

African Journals Online (AJOL)

Journal of Computer Science and Its Application. Journal Home · ABOUT THIS JOURNAL · Advanced Search · Current Issue · Archives · Journal Home > Vol 22, No 1 (2015) >. Log in or Register to get access to full text downloads.
A simplified multiattribute procurement auction with postponed scoring by a double revelation mechanism

DEFF Research Database (Denmark)

Hougaard, Jens Leth; Nielsen, Kurt

of linear scoring functions, consistent with the principal’s choice given linear preferences. The resulting scoring functions are used to score the original bids. While the highest score wins the second highest score settle the compensation. If the auction results in more than one highest scoring bid......, the Principal ends the auction by selecting the most preferred. The auction provides almost ideal incentives for bidders to reveal prices less than or equal to true cost. In general bidding below true cost involves a risk of getting a oss, nevertheless it may also both increase the chance of winning and result...
Second best efficiency and the English auction

Czech Academy of Sciences Publication Activity Database

Hernando-Veciana, Á.; Michelucci, Fabio

2011-01-01

Roč. 73, č. 2 (2011), s. 496-506 ISSN 0899-8256 Institutional research plan: CEZ:AV0Z70850503 Keywords : auctions * efficiency * mechanism design Subject RIV: AH - Economics Impact factor: 0.829, year: 2011
Privacy-Enhancing Auctions Using Rational Cryptography

DEFF Research Database (Denmark)

Miltersen, Peter Bro; Nielsen, Jesper Buus; Triandopoulos, Nikolaos

2009-01-01

show how to use rational cryptography to approximately implement any given ex interim individually strictly rational equilibrium of such an auction without a trusted mediator through a cryptographic protocol that uses only point-to-point authenticated channels between the players. By “ex interim...
Continuous integration congestion cost allocation based on sensitivity

International Nuclear Information System (INIS)

Wu, Z.Q.; Wang, Y.N.

2004-01-01

Congestion cost allocation is a very important topic in congestion management. Allocation methods based on the Aumann-Shapley value use the discrete numerical integration method, which needs to solve the incremented OPF solution many times, and as such it is not suitable for practical application to large-scale systems. The optimal solution and its sensitivity change tendency during congestion removal using a DC optimal power flow (OPF) process is analysed. A simple continuous integration method based on the sensitivity is proposed for the congestion cost allocation. The proposed sensitivity analysis method needs a smaller computation time than the method based on using the quadratic method and inner point iteration. The proposed congestion cost allocation method uses a continuous integration method rather than discrete numerical integration. The method does not need to solve the incremented OPF solutions; which allows it use in large-scale systems. The method can also be used for AC OPF congestion management. (author)
The Pollution Effect: Optimizing Keyword Auctions by Favoring Relevant Advertising

OpenAIRE

Linden, Greg; Meek, Christopher; Chickering, Max

2011-01-01

Most search engines sell slots to place advertisements on the search results page through keyword auctions. Advertisers offer bids for how much they are willing to pay when someone enters a search query, sees the search results, and then clicks on one of their ads. Search engines typically order the advertisements for a query by a combination of the bids and expected clickthrough rates for each advertisement. In this paper, we extend a model of Yahoo's and Google's advertising auctions to inc...
Optimal Bandwidth Selection for Kernel Density Functionals Estimation

Directory of Open Access Journals (Sweden)

Su Chen

2015-01-01

Full Text Available The choice of bandwidth is crucial to the kernel density estimation (KDE and kernel based regression. Various bandwidth selection methods for KDE and local least square regression have been developed in the past decade. It has been known that scale and location parameters are proportional to density functionals ∫γ(xf2(xdx with appropriate choice of γ(x and furthermore equality of scale and location tests can be transformed to comparisons of the density functionals among populations. ∫γ(xf2(xdx can be estimated nonparametrically via kernel density functionals estimation (KDFE. However, the optimal bandwidth selection for KDFE of ∫γ(xf2(xdx has not been examined. We propose a method to select the optimal bandwidth for the KDFE. The idea underlying this method is to search for the optimal bandwidth by minimizing the mean square error (MSE of the KDFE. Two main practical bandwidth selection techniques for the KDFE of ∫γ(xf2(xdx are provided: Normal scale bandwidth selection (namely, “Rule of Thumb” and direct plug-in bandwidth selection. Simulation studies display that our proposed bandwidth selection methods are superior to existing density estimation bandwidth selection methods in estimating density functionals.
Uncertain Reasoning for Detection of Selling Stolen Goods in Online Auctions Using Contextual Information

Directory of Open Access Journals (Sweden)

Ladislav Beranek

2014-01-01

Full Text Available This work describes the design of a decision support system for detection of fraudulent behavior of selling stolen goods in online auctions. In this system, each seller is associated with a type of certification, namely “proper seller,” “suspect seller,” and “selling stolen goods.” The certification level is determined on the basis of a seller’s behaviors and especially on the basis of contextual information whose origin is outside online auctions portals. In this paper, we focus on representing knowledge about sellers in online auctions, the influence of additional information available from other Internet source, and reasoning on bidders’ trustworthiness under uncertainties using Dempster-Shafer theory of evidence. To demonstrate the practicability of our approach, we performed a case study using real auction data from Czech auction portal Aukro. The analysis results show that our approach can be used to detect selling stolen goods. By applying Dempster-Shafer theory to combine multiple sources of evidence for the detection of this fraudulent behavior, the proposed approach can reduce the number of false positive results in comparison to approaches using a single source of evidence.
Combinatorial Auctions without Money

Science.gov (United States)

2014-05-01

istence of thresholds (a.k.a., critical prices) (for every set). The result in Theorem 3.4 relates to the characterization of truthful CAs with money and no...with money and no verification, each bidder optimizes her valu- ation minus the critical price over all her demanded sets; in the setting without money...auctions. ICALP, pp. 90-101, 2010. [2] P. Briest, P. Krysta, and B. Vöcking. Approximation techniques for utilitarian mechanism design. STOC, pp. 39-48
The impact of China's carbon allowance allocation rules on the product prices and emission reduction behaviors of ETS-covered enterprises

International Nuclear Information System (INIS)

Zhang, Yue-Jun; Wang, Ao-Dong; Tan, Weiping

2015-01-01

It is an important task for China to allocate carbon emission allowance to realize its carbon reduction target and establish carbon trading market. China has designed several allocation rules within seven pilot regions. What influence those rules may cause is closely related with the enthusiasm of emission trading scheme (ETS) covered enterprises' participation in carbon market, and more importantly, with the mechanism design and sustainable development of carbon market. For this purpose, the multi-stage profit model is developed to analyze the ETS-covered enterprises' product prices and emission reduction behaviors under different allocation rules. The results show that, first, under the rules of grandfathering, self-declaration and auctioning, when deciding the optimal product price and optimal carbon emission reduction, those enterprises may focus on maximizing current stage profit; however, under the rule of benchmarking, those enterprises may care more about the impact of current decisions on the profit in next stage. Second, the optimal product price policy is positively correlated with the price of the same kind products, consumers' low-carbon awareness and government subsidy. Finally, along with the increase of carbon price, consumers' low-carbon awareness and government subsidy and the decrease of carbon emission cap, those enterprises tend to reduce carbon emissions. - Highlights: • Analyze the impact of carbon allowance allocation rules on ETS-covered enterprises. • For grandfather, self-declaration and auction, they may maximize current profits. • For benchmark, they care the effect of current decisions on the coming profits. • The optimal product price positively relates to low-carbon awareness and subsidy. • Carbon price, low-carbon awareness and subsidy rise leads their emission reduction.
On semidefinite programming bounds for graph bandwidth

NARCIS (Netherlands)

de Klerk, E.; Nagy, M.; Sotirov, R.

2013-01-01

In this paper, we propose two new lower bounds on graph bandwidth and cyclic bandwidth based on semidefinite programming (SDP) relaxations of the quadratic assignment problem. We compare the new bounds with two other SDP bounds reported in [A. Blum, G. Konjevod, R. Ravi, and S. Vempala,
Terahertz bandwidth photonic Hilbert transformers based on synthesized planar Bragg grating fabrication.

Science.gov (United States)

Sima, Chaotan; Gates, J C; Holmes, C; Mennea, P L; Zervas, M N; Smith, P G R

2013-09-01

Terahertz bandwidth photonic Hilbert transformers are proposed and experimentally demonstrated. The integrated device is fabricated via a direct UV grating writing technique in a silica-on-silicon platform. The photonic Hilbert transformer operates at bandwidths of up to 2 THz (~16 nm) in the telecom band, a 10-fold greater bandwidth than any previously reported experimental approaches. Achieving this performance requires detailed knowledge of the system transfer function of the direct UV grating writing technique; this allows improved linearity and yields terahertz bandwidth Bragg gratings with improved spectral quality. By incorporating a flat-top reflector and Hilbert grating with a waveguide coupler, an ultrawideband all-optical single-sideband filter is demonstrated.

Multiagent model and mean field theory of complex auction dynamics

Science.gov (United States)

Chen, Qinghua; Huang, Zi-Gang; Wang, Yougui; Lai, Ying-Cheng

2015-09-01

Recent years have witnessed a growing interest in analyzing a variety of socio-economic phenomena using methods from statistical and nonlinear physics. We study a class of complex systems arising from economics, the lowest unique bid auction (LUBA) systems, which is a recently emerged class of online auction game systems. Through analyzing large, empirical data sets of LUBA, we identify a general feature of the bid price distribution: an inverted J-shaped function with exponential decay in the large bid price region. To account for the distribution, we propose a multi-agent model in which each agent bids stochastically in the field of winner’s attractiveness, and develop a theoretical framework to obtain analytic solutions of the model based on mean field analysis. The theory produces bid-price distributions that are in excellent agreement with those from the real data. Our model and theory capture the essential features of human behaviors in the competitive environment as exemplified by LUBA, and may provide significant quantitative insights into complex socio-economic phenomena.
Multiagent model and mean field theory of complex auction dynamics

International Nuclear Information System (INIS)

Chen, Qinghua; Wang, Yougui; Huang, Zi-Gang; Lai, Ying-Cheng

2015-01-01

Recent years have witnessed a growing interest in analyzing a variety of socio-economic phenomena using methods from statistical and nonlinear physics. We study a class of complex systems arising from economics, the lowest unique bid auction (LUBA) systems, which is a recently emerged class of online auction game systems. Through analyzing large, empirical data sets of LUBA, we identify a general feature of the bid price distribution: an inverted J-shaped function with exponential decay in the large bid price region. To account for the distribution, we propose a multi-agent model in which each agent bids stochastically in the field of winner’s attractiveness, and develop a theoretical framework to obtain analytic solutions of the model based on mean field analysis. The theory produces bid-price distributions that are in excellent agreement with those from the real data. Our model and theory capture the essential features of human behaviors in the competitive environment as exemplified by LUBA, and may provide significant quantitative insights into complex socio-economic phenomena. (paper)
Perception-based Co-evolutionary Reinforcement Learning for UAV Sensor Allocation

National Research Council Canada - National Science Library

Berenji, Hamid

2003-01-01

.... A Perception-based reasoning approach based on co-evolutionary reinforcement learning was developed for jointly addressing sensor allocation on each individual UAV and allocation of a team of UAVs...
A novel power and offset allocation method for spatial multiplexing MIMO Systems in optical wireless channels

KAUST Repository

Park, Kihong

2011-12-01

We consider optical wireless communication which can be utilized for illumination and communication by relying on lighting devices. Due to the limited bandwidth of optical sources, it is challenging to achieve high data rate in optical wireless systems. In order to obtain a multiplexing gain and high spectral efficiency, we design an optical multi-input multi-output (MIMO) system utilizing a singular value decomposition-based spatial multiplexing and adaptive modulation. We note that the conventional allocation method in radio frequency MIMO channels cannot be applied directly to the optical intensity channels. In this paper, we generalize the result of power allocation method in [1] for arbitrary number of transmit and receive antennas in optical wireless MIMO systems. Based on three constraints, namely, the nonnegativity, the aggregate optical power, and the bit error rate requirement, we propose a novel method to allocate the optical power, the offset value, and the modulation size for maximum sum rate. From some selected simulation results, we show that our proposed allocation method gives a better spectral efficiency than the method that allocates the optical power equally for each data stream. © 2011 IEEE.
Comparison of auctions and alternative policy options for RES-E support

DEFF Research Database (Denmark)

Kitzing, Lena; Islam, Marco; Fitch-Roy, Oscar

2016-01-01

benefits of RES, there may be valid reasons for policy makers not to employ auctions, since under particular circumstances it may be desirable not to control quantities but the price. As such, they raise the question whether pure support cost minimisation should be the only goal when implementing......This report concludes the work carried out in the course of Task 6.2 of the AURES project. It is its aim to compare auctions with alternative policy instruments and in particular, to examine under which circumstances auctions may be superior and inferior to achieve intended policy targets....... For that purpose, we identify a number of potential drivers that might affect an instrument’s effectiveness, its efficiency and further success criteria. Among this list of relevant drivers, the basis for our analysis is the factor risk, where our core focus is on risk for policy makers. Assuming a world...
Show me the goods: The warranting effect of user-generated photographs in online auctions

NARCIS (Netherlands)

Johnson, B.K.; Vang, M.H.; van der Heide, B.

2015-01-01

Consumers using online auction websites face the challenge of appraising products at a distance. Sellers and buyers in online auctions navigate this challenge by displaying and evaluating various cues, a critical one being use of photographs. Warranting theory predicts that cues less subject to
27 CFR 31.63 - Agents, auctioneers, brokers, etc., acting on behalf of others.

Science.gov (United States)

2010-04-01

..., brokers, etc., acting on behalf of others. 31.63 Section 31.63 Alcohol, Tobacco Products and Firearms... Exemptions and Exceptions Persons Who Are Not Dealers in Liquors Or Beer § 31.63 Agents, auctioneers, brokers... auction on behalf of others; (b) Agents or brokers who solicit orders for liquors in the name of a...
Bandwidth based methodology for designing a hybrid energy storage system for a series hybrid electric vehicle with limited all electric mode

Science.gov (United States)

Shahverdi, Masood

The cost and fuel economy of hybrid electrical vehicles (HEVs) are significantly dependent on the power-train energy storage system (ESS). A series HEV with a minimal all-electric mode (AEM) permits minimizing the size and cost of the ESS. This manuscript, pursuing the minimal size tactic, introduces a bandwidth based methodology for designing an efficient ESS. First, for a mid-size reference vehicle, a parametric study is carried out over various minimal-size ESSs, both hybrid (HESS) and non-hybrid (ESS), for finding the highest fuel economy. The results show that a specific type of high power battery with 4.5 kWh capacity can be selected as the winning candidate to study for further minimization. In a second study, following the twin goals of maximizing Fuel Economy (FE) and improving consumer acceptance, a sports car class Series-HEV (SHEV) was considered as a potential application which requires even more ESS minimization. The challenge with this vehicle is to reduce the ESS size compared to 4.5 kWh, because the available space allocation is only one fourth of the allowed battery size in the mid-size study by volume. Therefore, an advanced bandwidth-based controller is developed that allows a hybridized Subaru BRZ model to be realized with a light ESS. The result allows a SHEV to be realized with 1.13 kWh ESS capacity. In a third study, the objective is to find optimum SHEV designs with minimal AEM assumption which cover the design space between the fuel economies in the mid-size car study and the sports car study. Maximizing FE while minimizing ESS cost is more aligned with customer acceptance in the current state of market. The techniques applied to manage the power flow between energy sources of the power-train significantly affect the results of this optimization. A Pareto Frontier, including ESS cost and FE, for a SHEV with limited AEM, is introduced using an advanced bandwidth-based control strategy teamed up with duty ratio control. This controller
Green Auctions and Reduction of Information Rents in Payments for Environmental Services: An Experimental Investigation in Sunan County, Northwestern China

Science.gov (United States)

Deng, Xiaohong; Xu, Zhongmin

2015-01-01

Reducing information rents is an important task for government agencies wishing to purchase maximal environmental services with limited budgets. This paper reports on several green auction options for reducing information rents and improving the performance of the “Grain for Green” Payments for environmental services (PES) program implemented in northwestern China. In r experimental auctions and investigations, door-to-door interviews were conducted and bidding envelopes and survey questionnaires were used to determine the offers and the foregone profits of the participants. Three scenarios are analyzed in this paper: a uniform price auction, a discriminatory price auction, and an opportunity-cost system. The results show that compared to the uniform price auction system, the other auction systems can increase the cost-effectiveness of conservation contracting. Competitive bidding can reveal true opportunity costs and can reduce information rents extracted from the government by farmers using private information. The demographics and average bids of these auction types were also analyzed. “Perfect information” in the opportunity-cost offer system has the best performance but is very hard to implement in reality. The results of this research show that the auction is a valuable tool for purchasing conservation contracts in northwestern China, but that in the future, the performance of these auctions should be studied with relaxed model assumptions. PMID:25793263
Hiding information in open auctions with jump bids

Czech Academy of Sciences Publication Activity Database

Ettinger, D.; Michelucci, Fabio

2016-01-01

Roč. 126, č. 594 (2016), s. 1484-1502 ISSN 0013-0133 Institutional support: RVO:67985998 Keywords : hiding information * open auctions * jump bids Subject RIV: AH - Economics Impact factor: 2.608, year: 2016
Fibre Bragg grating based accelerometer with extended bandwidth

International Nuclear Information System (INIS)

Basumallick, Nandini; Biswas, Palas; Dasgupta, Kamal; Bandyopadhyay, Somnath; Chakraborty, Rajib; Chakraborty, Sushanta

2016-01-01

We have shown experimentally that the operable bandwidth of a fibre Bragg grating (FBG) based accelerometer can be extended significantly, without compromising its sensitivity, using a post-signal processing technique which involves frequency domain weighting. It has been demonstrated that using the above technique acceleration can be correctly interpreted even when the operating frequency encroaches on the region where the frequency response of the sensor is non-uniform. Two different excitation signals, which we often encounter in structural health monitoring applications, e.g. (i) a signal composed of multi-frequency components and (ii) a sinusoidal excitation with a frequency sweep, have been considered in our experiment. The results obtained have been compared with a piezo accelerometer. (paper)
A New Hybrid Algorithm to Solve Winner Determination Problem in Multiunit Double Internet Auction

Directory of Open Access Journals (Sweden)

Mourad Ykhlef

2015-01-01

Full Text Available Solving winner determination problem in multiunit double auction has become an important E-business task. The main issue in double auction is to improve the reward in order to match the ideal prices and quantity and make the best profit for sellers and buyers according to their bids and predefined quantities. There are many algorithms introduced for solving winner in multiunit double auction. Conventional algorithms can find the optimal solution but they take a long time, particularly when they are applied to large dataset. Nowadays, some evolutionary algorithms, such as particle swarm optimization and genetic algorithm, were proposed and have been applied. In order to improve the speed of evolutionary algorithms convergence, we will propose a new kind of hybrid evolutionary algorithm that combines genetic algorithm (GA with particle swarm optimization (PSO to solve winner determination problem in multiunit double auction; we will refer to this algorithm as AUC-GAPSO.
Bandwidth efficient coding

CERN Document Server

Anderson, John B

2017-01-01

Bandwidth Efficient Coding addresses the major challenge in communication engineering today: how to communicate more bits of information in the same radio spectrum. Energy and bandwidth are needed to transmit bits, and bandwidth affects capacity the most. Methods have been developed that are ten times as energy efficient at a given bandwidth consumption as simple methods. These employ signals with very complex patterns and are called "coding" solutions. The book begins with classical theory before introducing new techniques that combine older methods of error correction coding and radio transmission in order to create narrowband methods that are as efficient in both spectrum and energy as nature allows. Other topics covered include modulation techniques such as CPM, coded QAM and pulse design.
Hiding information in open auctions with jump bids

Czech Academy of Sciences Publication Activity Database

Ettinger, D.; Michelucci, Fabio

2016-01-01

Roč. 126, č. 594 (2016), s. 1484-1502 ISSN 0013-0133 Institutional support: PRVOUK-P23 Keywords : hiding information * open auctions * jump bids Subject RIV: AH - Economics Impact factor: 2.608, year: 2016
Sellers' hedging incentives at EPA's emission trading auction

International Nuclear Information System (INIS)

Dijkstra, B.R.; Haan, M

1999-01-01

Cason (1993) argued that the auction the EPA (Environmental Protection Agency in the USA) used in order to start the market for sulfur allowances, is not efficient. The set-up of the auction gives both buyers and sellers an incentive to understate their valuation of an allowance. In this paper, we show that the sellers' incentives are even more perverse than Cason suggested. In particular, we show that sellers have an incentive to set their ask price equal to zero, while simultaneously hedging their bets by submitting a positive bid. It is not possible to derive the Nash equilibrium for this set-up. If such an equilibrium exists, sellers either set only a positive ask price, or an ask price equal to zero, and a positive bid as well. 14 refs
Emerging Telecommunications Technologies (Part 2). Hearing before the Subcommittee on Telecommunications and Finance of the Committee on Energy and Commerce on H.R. 1407, a Bill To Establish Procedures To Improve the Allocation and Assignment to the Electromagnetic Spectrum. House of Representatives, One Hundred Second Congress, First Session.

Science.gov (United States)

Congress of the U.S., Washington, DC. House Committee on Energy and Commerce.

A discussion of H.R. 1407, a bill to establish procedures to improve the allocation and assignment to the electromagnetic spectrum centered on the current policy of allocating portions of the spectrum through lotteries and auction. This report includes a copy of the bill, the text of testimony presented and materials submitted for the record, and…
29 CFR 516.13 - Livestock auction employees exempt from overtime pay requirements under section 13(b)(13) of the...

Science.gov (United States)

2010-07-01

... 29 Labor 3 2010-07-01 2010-07-01 false Livestock auction employees exempt from overtime pay....13 Livestock auction employees exempt from overtime pay requirements under section 13(b)(13) of the... employee is employed both in agriculture and in connection with livestock auction operations: (a) The total...
Characterizing contract-based multiagent resource allocation in networks.

Science.gov (United States)

An, Bo; Lesser, Victor

2010-06-01

We consider a multiagent resource allocation problem where individual users intend to route traffic by requesting the help of entities across a network, and a cost is incurred at each network node that depends on the amount of traffic to be routed. We propose to study contract-based network resource allocation. In our model, users and nodes in the network make contracts before nodes route traffic for the users. The problem is an interesting self-interested negotiation problem because it requires the complete assembly of a set of distinct resources, and there are multiple combinations of distinct resources that could satisfy the goal of negotiation. First, we characterize the network allocation problem and show that finding optimal allocations is NP-complete and is inapproximable. We take both Nash equilibrium and pairwise Nash equilibrium as the solution concepts to characterize the equilibrium allocations. We find that, for any resource allocation game, Nash equilibrium and pairwise Nash equilibrium always exist. In addition, socially optimal allocations are always supported by Nash equilibrium and pairwise Nash equilibrium. We introduce best-response dynamics in which each agent takes a myopic best-response strategy and interacts with each other to dynamically form contracts. We analyze the convergence of the dynamics in some special cases. We also experimentally study the convergence rate of the dynamics and how efficient the evolved allocation is as compared with the optimal allocation in a variety of environments.
Sealed bid auctions with ambiguity: an experimental study

Czech Academy of Sciences Publication Activity Database

Chen, Y.; Katuščák, Peter; Ozdenoren, E.

-, č. 269 (2005), s. 1-75 ISSN 1211-3298 Institutional research plan: CEZ:AV0Z70850503 Keywords : sealed bid auctions * ambiguity * experiment Subject RIV: AH - Economics http://www.cerge-ei.cz/pdf/wp/Wp269.pdf
Mechanism Design for Multi-slot Ads Auction in Sponsored Search Markets

Science.gov (United States)

Deng, Xiaotie; Sun, Yang; Yin, Ming; Zhou, Yunhong

In this paper, we study pricing models for multi-slot advertisements, where advertisers can bid to place links to their sales webpages at one or multiple slots on a webpage, called the multi-slot AD auction problem. We develop and analyze several important mechanisms, including the VCG mechanism for multi-slot ads auction, the optimal social welfare solution, as well as two weighted GSP-like protocols (mixed and hybrid). Furthermore, we consider that forward-looking Nash equilibrium and prove its existence in the weighted GSP-like pricing protocols.

Cognitive radio resource allocation based on coupled chaotic genetic algorithm

International Nuclear Information System (INIS)

Zu Yun-Xiao; Zhou Jie; Zeng Chang-Chang

2010-01-01

A coupled chaotic genetic algorithm for cognitive radio resource allocation which is based on genetic algorithm and coupled Logistic map is proposed. A fitness function for cognitive radio resource allocation is provided. Simulations are conducted for cognitive radio resource allocation by using the coupled chaotic genetic algorithm, simple genetic algorithm and dynamic allocation algorithm respectively. The simulation results show that, compared with simple genetic and dynamic allocation algorithm, coupled chaotic genetic algorithm reduces the total transmission power and bit error rate in cognitive radio system, and has faster convergence speed
Mediators as the Walrasian Auctioneers of Exchange Theory

OpenAIRE

Dickenson, David

2003-01-01

This article opens up mediation to systematic economic analysis by considering mediators as analogous to the Walrasian auctioneers of exchange theory. By altering trade-off rates among bargaining issues, mediators facilitate a process leading towards Pareto efficient voluntary settlements.
On the power and offset allocation for rate adaptation of spatial multiplexing in optical wireless MIMO channels

KAUST Repository

Park, Kihong

2011-07-01

Visible light communication (VLC) using optical sources which can be simultaneously utilized for illumination and communication is currently an attractive option for wireless personal area network. Improving the data rate in optical wireless communication system is challenging due to the limited bandwidth of the optical sources. In this paper, we design the singular value decomposition (SVD)- based multiplexing multiple-input multiple-output (MIMO) system to support two data streams in optical wireless channels. Noting that the conventional allocation method in radio frequency (RF) MIMO channels cannot be applied directly to the optical intensity channels, we propose a novel method to allocate the optical power, the offset value and the modulation size for maximum sum rate under the constraints of the nonnegativity of the modulated signals, the aggregate optical power and the bit error rate (BER) requirement. The simulation results show that the proposed allocation method gives the better performance than the method to allocate the optical power equally for each data stream. © 2011 IEEE.
Electricity market auction settings in a future Danish electricity system with a high penetration of renewable energy sources - A comparison of marginal pricing and pay-as-bid

International Nuclear Information System (INIS)

Nielsen, Steffen; Sorknaes, Peter; Ostergaard, Poul Alberg

2011-01-01

The long-term goal for Danish energy policy is to be free of fossil fuels through the increasing use of renewable energy sources (RES) including fluctuating renewable electricity (FRE). The Danish electricity market is part of the Nordic power exchange, which uses a Marginal Price auction system (MPS) for the day-ahead auctions. The market price is thus equal to the bidding price of the most expensive auction winning unit. In the MPS, the FRE bid at prices of or close to zero resulting in reduced market prices during hours of FRE production. In turn, this reduces the FRE sources' income from market sales. As more FRE is implemented, this effect will only become greater, thereby reducing the income for FRE producers. Other auction settings could potentially help to reduce this problem. One candidate is the pay-as-bid auction setting (PAB), where winning units are paid their own bidding price. This article investigates the two auction settings, to find whether a change of auction setting would provide a more suitable frame for large shares of FRE. This has been done with two energy system scenarios with different shares of FRE. From the analysis, it is found that MPS is generally better for the FRE sources. The result is, however, very sensitive to the base assumptions used for the calculations. -- Highlights: → In this study two different auction settings for the Danish electricity market are compared. → Two scenarios are used in the analyses, one representing the present system and one representing a future 100% renewable energy system. → We find that marginal price auction system is most suitable for supporting fluctuating renewable energy in both scenarios. → The results are very sensitive to the assumptions about bidding prices for each technology.
Insider patent holder licensing in an oligopoly market with different cost structures: Fixed-fee, royalty, and auction

OpenAIRE

Ming-Chung Chang

2010-01-01

The issue of the optimal licensing contract in firms having different cost structures is studied when the innovator is a producing patent holder who has three alternative licensing strategies, namely, the fixed-fee, royalty rate, and auction strategies. We conclude that the auction licensing strategy is not the best strategy when the innovator is a producing patent holder. This finding differs from that of Kabiraj (2004) where the auction licensing method is the optimal licensing strategy whe...
A Novel Electricity Transaction Mode of Microgrids Based on Blockchain and Continuous Double Auction

Directory of Open Access Journals (Sweden)

Jian Wang

2017-11-01

Full Text Available The installed capacity of distributed generation (DG based on renewable energy sources has increased continuously in power systems, and its market-oriented transaction is imperative. However, traditional transaction management based on centralized organizations has many disadvantages, such as high operation cost, low transparency, and potential risk of transaction data modification. Therefore, a decentralized electricity transaction mode for microgrids is proposed in this study based on blockchain and continuous double auction (CDA mechanism. A buyer and seller initially complete the transaction matching in the CDA market. In view of the frequent price fluctuation in the CDA market, an adaptive aggressiveness strategy is used to adjust the quotation timely according to market changes. DG and consumer exchange digital certificate of power and expenditure on the blockchain system and the interests of consumers are then guaranteed by multi-signature when DG cannot generate power due to failure or other reasons. The digital certification of electricity assets is replaced by the sequence number with specific tags in the transaction script, and the size of digital certification can be adjusted according to transaction energy quantity. Finally, the feasibility of market mechanism through specific microgrid case and settlement process is also provided.
The Role Of Product Quality Information, Market State Information And Transaction Costs In Electronic Auctions

NARCIS (Netherlands)

O.R. Koppius (Otto); H.W.G.M. van Heck (Eric)

2002-01-01

textabstractElectronic auctions have rapidly increased in popularity, but the consequences of switching to an electronic auction are unclear. In part this is because multiple changes occur at the same time so one can only observe the combined effect of these changes and not the effect of each
Energy-efficient routing, modulation and spectrum allocation in elastic optical networks

Science.gov (United States)

Tan, Yanxia; Gu, Rentao; Ji, Yuefeng

2017-07-01

With tremendous growth in bandwidth demand, energy consumption problem in elastic optical networks (EONs) becomes a hot topic with wide concern. The sliceable bandwidth-variable transponder in EON, which can transmit/receive multiple optical flows, was recently proposed to improve a transponder's flexibility and save energy. In this paper, energy-efficient routing, modulation and spectrum allocation (EE-RMSA) in EONs with sliceable bandwidth-variable transponder is studied. To decrease the energy consumption, we develop a Mixed Integer Linear Programming (MILP) model with corresponding EE-RMSA algorithm for EONs. The MILP model jointly considers the modulation format and optical grooming in the process of routing and spectrum allocation with the objective of minimizing the energy consumption. With the help of genetic operators, the EE-RMSA algorithm iteratively optimizes the feasible routing path, modulation format and spectrum resources solutions by explore the whole search space. In order to save energy, the optical-layer grooming strategy is designed to transmit the lightpath requests. Finally, simulation results verify that the proposed scheme is able to reduce the energy consumption of the network while maintaining the blocking probability (BP) performance compare with the existing First-Fit-KSP algorithm, Iterative Flipping algorithm and EAMGSP algorithm especially in large network topology. Our results also demonstrate that the proposed EE-RMSA algorithm achieves almost the same performance as MILP on an 8-node network.
Three essays on corruption and auctions

OpenAIRE

PAPIOTI, Katerina Chara

2014-01-01

Defence date: 1 December 2014 Examining Board: Professor Massimo Morelli, Bocconi University, Supervisor; Professor Andrea Mattozzi, EUI; Professor Marco Celentani, Universidad Carlos III; Professor Matthias Dahm, University of Nottingham. This thesis contributes to the understanding of corruption and auctions. It consists of three chapters focusing on diverse aspects of these two general topics as well as their combinations, from an applied microeconomic theory perspective: (i) the eff...
Balloon popping with applications to ascending auctions

NARCIS (Netherlands)

N.S. Immorlica (Nicole Simone); A. Karlin; M. Mahdian (Mohammad); K. Talwar; A. Sinclair

2007-01-01

textabstractWe study the power of ascending auctions in a scenario in which a seller is selling a collection of identical items to anonymous unit-demand bidders. We show that even with full knowledge of the set of bidders' private valuations for the items, if the bidders are ex-ante identical, no
Network Bandwidth Utilization Forecast Model on High Bandwidth Network

Energy Technology Data Exchange (ETDEWEB)

Yoo, Wucherl; Sim, Alex

2014-07-07

With the increasing number of geographically distributed scientific collaborations and the scale of the data size growth, it has become more challenging for users to achieve the best possible network performance on a shared network. We have developed a forecast model to predict expected bandwidth utilization for high-bandwidth wide area network. The forecast model can improve the efficiency of resource utilization and scheduling data movements on high-bandwidth network to accommodate ever increasing data volume for large-scale scientific data applications. Univariate model is developed with STL and ARIMA on SNMP path utilization data. Compared with traditional approach such as Box-Jenkins methodology, our forecast model reduces computation time by 83.2percent. It also shows resilience against abrupt network usage change. The accuracy of the forecast model is within the standard deviation of the monitored measurements.
Network bandwidth utilization forecast model on high bandwidth networks

Energy Technology Data Exchange (ETDEWEB)

Yoo, Wuchert (William) [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Sim, Alex [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

2015-03-30

With the increasing number of geographically distributed scientific collaborations and the scale of the data size growth, it has become more challenging for users to achieve the best possible network performance on a shared network. We have developed a forecast model to predict expected bandwidth utilization for high-bandwidth wide area network. The forecast model can improve the efficiency of resource utilization and scheduling data movements on high-bandwidth network to accommodate ever increasing data volume for large-scale scientific data applications. Univariate model is developed with STL and ARIMA on SNMP path utilization data. Compared with traditional approach such as Box-Jenkins methodology, our forecast model reduces computation time by 83.2%. It also shows resilience against abrupt network usage change. The accuracy of the forecast model is within the standard deviation of the monitored measurements.
Price effects of sovereign debt auctions in the Euro-zone: the role of the crisis

NARCIS (Netherlands)

Beetsma, R.; de Jong, F.; Giuliodori, M.; Widijanto, D.

2013-01-01

Exploring the period since the inception of the euro, we show that secondary-market yields on Italian public debt increase in anticipation of auctions of new issues and decrease after the auction, while no or a smaller such effect is present for German public debt. However, these yield movements on
Sealed bid auctions with ambiguity: theory and experiments

Czech Academy of Sciences Publication Activity Database

Chen, Y.; Katuščák, Peter; Ozdenoren, E.

2007-01-01

Roč. 136, č. 1 (2007), s. 513-535 ISSN 0022-0531 R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:MSM0021620846 Keywords : sealed bid auctions * ambiguity * experiment Subject RIV: AH - Economics Impact factor: 1.353, year: 2007
Online Reverse Auctions: A Pricing Tool for Government Contracting

National Research Council Canada - National Science Library

Roll, Bruce

2000-01-01

Reverse Auctions (RA) are the next gene ration of procurement application software designed to link acquisition reform and common DoD procurement business processes with commercial best practices and advances in electronic commerce...
78 FR 65982 - Auction of H Block Licenses in the 1915-1920 MHz and 1995-2000 MHz Bands Rescheduled for January...

Science.gov (United States)

2013-11-04

... Filing Requirements, Reserve Price, Minimum Opening Bids, Upfront Payments, and Other Procedures for... procedures, reserve price, and minimum opening bids for the upcoming auction of H Block licenses (Auction 96... applicants with the procedures and other requirements for participation in the auction. [[Page 65983
Experiences in Traceroute and Bandwidth Change Analysis

Energy Technology Data Exchange (ETDEWEB)

Logg, C

2004-06-23

SLAC has been studying end-to-end WAN bandwidth availability and achievability for 2.5 years via IEPM-BW [1]. IEPM-BW performs network intensive tests every 90 minutes. Based on that experience we have also developed a light weight available bandwidth (ABwE [2]) measurement tool that can make a measurement within a second. We are now extending this to a WAN measurement and detection system (IEPM-LITE) aimed at more quickly detecting and troubleshooting network performance problems and also to be more friendly on lower performance paths. IEPM-LITE uses ping, forward traceroutes, and ABwE sensors to monitor, in close to real-time, Round Trip Times (RTT), changes in available bandwidth and routes to and from target hosts. This paper discusses the experiences, techniques and algorithms used to detect and report on significant traceroute and bandwidth changes. The ultimate aim is to develop a lightweight WAN network performance monitoring system that can detect, in near real time, significant changes and generate alerts.
Experiences in Traceroute and Bandwidth Change Analysis

International Nuclear Information System (INIS)

Logg, C

2004-01-01

SLAC has been studying end-to-end WAN bandwidth availability and achievability for 2.5 years via IEPM-BW [1]. IEPM-BW performs network intensive tests every 90 minutes. Based on that experience we have also developed a light weight available bandwidth (ABwE [2]) measurement tool that can make a measurement within a second. We are now extending this to a WAN measurement and detection system (IEPM-LITE) aimed at more quickly detecting and troubleshooting network performance problems and also to be more friendly on lower performance paths. IEPM-LITE uses ping, forward traceroutes, and ABwE sensors to monitor, in close to real-time, Round Trip Times (RTT), changes in available bandwidth and routes to and from target hosts. This paper discusses the experiences, techniques and algorithms used to detect and report on significant traceroute and bandwidth changes. The ultimate aim is to develop a lightweight WAN network performance monitoring system that can detect, in near real time, significant changes and generate alerts
Bandwidth Estimation in Wireless Lans for Multimedia Streaming Services

Directory of Open Access Journals (Sweden)

Heung Ki Lee

2007-01-01

Full Text Available The popularity of multimedia streaming services via wireless networks presents major challenges in the management of network bandwidth. One challenge is to quickly and precisely estimate the available bandwidth for the decision of streaming rates of layered and scalable multimedia services. Previous studies based on wired networks are too burdensome to be applied to multimedia applications in wireless networks. In this paper, a new method, IdleGap, is suggested to estimate the available bandwidth of a wireless LAN based on the information from a low layer in the protocol stack. We use a network simulation tool, NS-2, to evaluate our new method with various ranges of cross-traffic and observation times. Our simulation results show that IdleGap accurately estimates the available bandwidth for all ranges of cross-traffic (100 Kbps ∼ 1 Mbps with a very short observation time of 10 seconds.
MASM: a market architecture for sensor management in distributed sensor networks

Science.gov (United States)

Viswanath, Avasarala; Mullen, Tracy; Hall, David; Garga, Amulya

2005-03-01

Rapid developments in sensor technology and its applications have energized research efforts towards devising a firm theoretical foundation for sensor management. Ubiquitous sensing, wide bandwidth communications and distributed processing provide both opportunities and challenges for sensor and process control and optimization. Traditional optimization techniques do not have the ability to simultaneously consider the wildly non-commensurate measures involved in sensor management in a single optimization routine. Market-oriented programming provides a valuable and principled paradigm to designing systems to solve this dynamic and distributed resource allocation problem. We have modeled the sensor management scenario as a competitive market, wherein the sensor manager holds a combinatorial auction to sell the various items produced by the sensors and the communication channels. However, standard auction mechanisms have been found not to be directly applicable to the sensor management domain. For this purpose, we have developed a specialized market architecture MASM (Market architecture for Sensor Management). In MASM, the mission manager is responsible for deciding task allocations to the consumers and their corresponding budgets and the sensor manager is responsible for resource allocation to the various consumers. In addition to having a modified combinatorial winner determination algorithm, MASM has specialized sensor network modules that address commensurability issues between consumers and producers in the sensor network domain. A preliminary multi-sensor, multi-target simulation environment has been implemented to test the performance of the proposed system. MASM outperformed the information theoretic sensor manager in meeting the mission objectives in the simulation experiments.

Understanding Financial Market States Using an Artificial Double Auction Market.

Science.gov (United States)

Yim, Kyubin; Oh, Gabjin; Kim, Seunghwan

2016-01-01

The ultimate value of theories describing the fundamental mechanisms behind asset prices in financial systems is reflected in the capacity of such theories to understand these systems. Although the models that explain the various states of financial markets offer substantial evidence from the fields of finance, mathematics, and even physics, previous theories that attempt to address the complexities of financial markets in full have been inadequate. We propose an artificial double auction market as an agent-based model to study the origin of complex states in financial markets by characterizing important parameters with an investment strategy that can cover the dynamics of the financial market. The investment strategies of chartist traders in response to new market information should reduce market stability based on the price fluctuations of risky assets. However, fundamentalist traders strategically submit orders based on fundamental value and, thereby stabilize the market. We construct a continuous double auction market and find that the market is controlled by the proportion of chartists, Pc. We show that mimicking the real state of financial markets, which emerges in real financial systems, is given within the range Pc = 0.40 to Pc = 0.85; however, we show that mimicking the efficient market hypothesis state can be generated with values less than Pc = 0.40. In particular, we observe that mimicking a market collapse state is created with values greater than Pc = 0.85, at which point a liquidity shortage occurs, and the phase transition behavior is described at Pc = 0.85.
Understanding Financial Market States Using an Artificial Double Auction Market.

Directory of Open Access Journals (Sweden)

Kyubin Yim

Full Text Available The ultimate value of theories describing the fundamental mechanisms behind asset prices in financial systems is reflected in the capacity of such theories to understand these systems. Although the models that explain the various states of financial markets offer substantial evidence from the fields of finance, mathematics, and even physics, previous theories that attempt to address the complexities of financial markets in full have been inadequate. We propose an artificial double auction market as an agent-based model to study the origin of complex states in financial markets by characterizing important parameters with an investment strategy that can cover the dynamics of the financial market. The investment strategies of chartist traders in response to new market information should reduce market stability based on the price fluctuations of risky assets. However, fundamentalist traders strategically submit orders based on fundamental value and, thereby stabilize the market. We construct a continuous double auction market and find that the market is controlled by the proportion of chartists, Pc. We show that mimicking the real state of financial markets, which emerges in real financial systems, is given within the range Pc = 0.40 to Pc = 0.85; however, we show that mimicking the efficient market hypothesis state can be generated with values less than Pc = 0.40. In particular, we observe that mimicking a market collapse state is created with values greater than Pc = 0.85, at which point a liquidity shortage occurs, and the phase transition behavior is described at Pc = 0.85.
Deep neural network-based bandwidth enhancement of photoacoustic data.

Science.gov (United States)

Gutta, Sreedevi; Kadimesetty, Venkata Suryanarayana; Kalva, Sandeep Kumar; Pramanik, Manojit; Ganapathy, Sriram; Yalavarthy, Phaneendra K

2017-11-01

Photoacoustic (PA) signals collected at the boundary of tissue are always band-limited. A deep neural network was proposed to enhance the bandwidth (BW) of the detected PA signal, thereby improving the quantitative accuracy of the reconstructed PA images. A least square-based deconvolution method that utilizes the Tikhonov regularization framework was used for comparison with the proposed network. The proposed method was evaluated using both numerical and experimental data. The results indicate that the proposed method was capable of enhancing the BW of the detected PA signal, which inturn improves the contrast recovery and quality of reconstructed PA images without adding any significant computational burden. (2017) COPYRIGHT Society of Photo-Optical Instrumentation Engineers (SPIE).
Auctionable fixed transmission rights for congestion management

Science.gov (United States)

Alomoush, Muwaffaq Irsheid

Electric power deregulation has proposed a major change to the regulated utility monopoly. The change manifests the main part of engineers' efforts to reshape three components of today's regulated monopoly: generation, distribution and transmission. In this open access deregulated power market, transmission network plays a major role, and transmission congestion is a major problem that requires further consideration especially when inter-zonal/intra-zonal scheme is implemented. Declaring that engineering studies and experience are the criteria to define zonal boundaries or defining a zone based on the fact that a zone is a densely interconnected area (lake) and paths connecting these densely interconnected areas are inter-zonal lines will render insufficient and fuzzy definitions. Moreover, a congestion problem formulation should take into consideration interactions between intra-zonal and inter-zonal flows and their effects on power systems. In this thesis, we introduce a procedure for minimizing the number of adjustments of preferred schedules to alleviate congestion and apply control schemes to minimize interactions between zones. In addition, we give the zone definition a certain criterion based on the Locational Marginal Price (LMP). This concept will be used to define congestion zonal boundaries and to decide whether any zone should be merged with another zone or split into new zones. The thesis presents a unified scheme that combines zonal and FTR schemes to manage congestion. This combined scheme is utilized with LMPs to define zonal boundaries more appropriately. The presented scheme gains the best features of the FTR scheme, which are providing financial certainty, maximizing the efficient use of the system and making users pay for the actual use of congested paths. LMPs may give an indication of the impact of wheeling transactions, and calculations of and comparisons of LMPs with and without wheeling transactions should be adequate criteria to approve
Bounded Rationality at Large: Technological Standards in Airwaves Auctions

NARCIS (Netherlands)

Bruggeman, J.P.; Visser, Hendrik Jan; Visser, H.J.; van Rossum, Wouter

2003-01-01

In industries characterized by several technological standards, each with positive network externalities, competition is different from industries with technologically "loosely coupled" organizations. We therefore expected that in airwaves auctions for mobile telephony in the U.S., network
Agent-based modeling of sustainable behaviors

CERN Document Server

Sánchez-Maroño, Noelia; Fontenla-Romero, Oscar; Polhill, J; Craig, Tony; Bajo, Javier; Corchado, Juan

2017-01-01

Using the O.D.D. (Overview, Design concepts, Detail) protocol, this title explores the role of agent-based modeling in predicting the feasibility of various approaches to sustainability. The chapters incorporated in this volume consist of real case studies to illustrate the utility of agent-based modeling and complexity theory in discovering a path to more efficient and sustainable lifestyles. The topics covered within include: households' attitudes toward recycling, designing decision trees for representing sustainable behaviors, negotiation-based parking allocation, auction-based traffic signal control, and others. This selection of papers will be of interest to social scientists who wish to learn more about agent-based modeling as well as experts in the field of agent-based modeling.
Coarse-Grain Bandwidth Estimation Scheme for Large-Scale Network

Science.gov (United States)

Cheung, Kar-Ming; Jennings, Esther H.; Sergui, John S.

2013-01-01

A large-scale network that supports a large number of users can have an aggregate data rate of hundreds of Mbps at any time. High-fidelity simulation of a large-scale network might be too complicated and memory-intensive for typical commercial-off-the-shelf (COTS) tools. Unlike a large commercial wide-area-network (WAN) that shares diverse network resources among diverse users and has a complex topology that requires routing mechanism and flow control, the ground communication links of a space network operate under the assumption of a guaranteed dedicated bandwidth allocation between specific sparse endpoints in a star-like topology. This work solved the network design problem of estimating the bandwidths of a ground network architecture option that offer different service classes to meet the latency requirements of different user data types. In this work, a top-down analysis and simulation approach was created to size the bandwidths of a store-and-forward network for a given network topology, a mission traffic scenario, and a set of data types with different latency requirements. These techniques were used to estimate the WAN bandwidths of the ground links for different architecture options of the proposed Integrated Space Communication and Navigation (SCaN) Network. A new analytical approach, called the "leveling scheme," was developed to model the store-and-forward mechanism of the network data flow. The term "leveling" refers to the spreading of data across a longer time horizon without violating the corresponding latency requirement of the data type. Two versions of the leveling scheme were developed: 1. A straightforward version that simply spreads the data of each data type across the time horizon and doesn't take into account the interactions among data types within a pass, or between data types across overlapping passes at a network node, and is inherently sub-optimal. 2. Two-state Markov leveling scheme that takes into account the second order behavior of
Long-term contract auctions and market power in regulated power industries

International Nuclear Information System (INIS)

Soledad Arellano, M.; Serra, Pablo

2010-01-01

A number of countries with oligopolistic power industries have used marginal cost pricing to set the price of energy for small customers. This course of action, however, does not necessarily ensure an efficient outcome when competition is imperfect. The purpose of this paper is to study how the auction of long-term contracts could reduce market power. We do so in a two-firm, two-technology, linear-cost, static model where demand is summarized by a price inelastic load curve. In this context we show that the larger the proportion of total demand auctioned in advance, the lower are both the contract and the average spot price of energy.
Tendances Carbone no. 73 'Reforming the EU ETS, Act I: pushing back the allowance auction timetable'

International Nuclear Information System (INIS)

Alberola, Emilie

2012-01-01

Among the publications of CDC Climat Research, 'Tendances Carbone' bulletin specifically studies the developments of the European market for CO 2 allowances. This issue addresses the following points: On July 25 2012, the European Commission presented its first reform to re-calibrate the supply of allowances in EU ETS, via two proposals aimed at amending the ETS Directive and reviewing the auction regulations, in order to alter the auctioning timetable during the period between 2013 and 2020, with no legal risk. The aim is to withdraw a certain amount of the allowances auctioned in 2013, 2014 and 2015, in order to reintroduce that amount after 2018
Sealed-Bid Auction of Dutch Mussels : Statistical Analysis

NARCIS (Netherlands)

Kleijnen, J.P.C.; van Schaik, F.D.J.

2007-01-01

This article presents an econometric analysis of the many data on the sealed-bid auction that sells mussels in Yerseke town, the Netherlands. The goals of this analy- sis are obtaining insight into the important factors that determine the price of these mussels, and quantifying the performance of an
Sealed-bid auction of Netherlands mussels: statistical analysis

NARCIS (Netherlands)

Kleijnen, J.P.C.; van Schaik, F.D.J.

2011-01-01

This article presents an econometric analysis of the many data on the sealed-bid auction that sells mussels in Yerseke town, the Netherlands. The goals of this analysis are obtaining insight into the important factors that determine the price of these mussels, and quantifying the performance of an
Hipster Racism and Sexism in Charity Date Auctions: Individualism, Privilege Blindness and Irony in the Academy

Science.gov (United States)

Current, Cheris Brewer; Tillotson, Emily

2018-01-01

This paper follows one small, Christian university's five-year experience with student charity date auctions. The contemporary re-emergence of date auctions represents a backlash against gender and racial progress. Student leaders believe that in a post-racial and post-sexist society, race and gender are decontextualised neutral elements of…
Simulation Optimization of Search and Rescue in Disaster Relief Based on Distributed Auction Mechanism

Directory of Open Access Journals (Sweden)

Jian Tang

2017-11-01

Full Text Available In this paper, we optimize the search and rescue (SAR in disaster relief through agent-based simulation. We simulate rescue teams’ search behaviors with the improved Truncated Lévy walks. Then we propose a cooperative rescue plan based on a distributed auction mechanism, and illustrate it with the case of landslide disaster relief. The simulation is conducted in three scenarios, including “fatal”, “serious” and “normal”. Compared with the non-cooperative rescue plan, the proposed rescue plan in this paper would increase victims’ relative survival probability by 7–15%, increase the ratio of survivors getting rescued by 5.3–12.9%, and decrease the average elapsed time for one site getting rescued by 16.6–21.6%. The robustness analysis shows that search radius can affect the rescue efficiency significantly, while the scope of cooperation cannot. The sensitivity analysis shows that the two parameters, the time limit for completing rescue operations in one buried site and the maximum turning angle for next step, both have a great influence on rescue efficiency, and there exists optimal value for both of them in view of rescue efficiency.
A lesson from Argentina: Setting transmission tolls in a competitive auction is much better than regulating them

Energy Technology Data Exchange (ETDEWEB)

Galetovic, Alexander [Facultad de Ciencias Economicas y Empresariales, Av. San Carlos de Apoquindo 2200, Santiago (Chile); Inostroza, Juan Ricardo [AES Gener S.A., Sanchez Fontecilla 310, piso 3, Santiago (Chile)

2008-07-15

There are at least two procedures for setting the tolls paid by power line users. One consists of regulating them in a standard process. The other, which is used in Argentina, involves auctioning the lines to the lowest toll. In this paper we show that an auction yields higher expected social welfare if n {>=} 2 bid. Expected social welfare is even higher if, as in Argentina, those who benefit from the line can also bid and build. Moreover, when the social welfare is utilitarian, an auction beats regulation even when the regulator can perfectly audit costs ex post. We describe and examine the auction of the fourth Comahue transmission line in Argentina. Assuming that the regulator's information about costs is similar to the information held by the industry, the model suggests that had tolls been regulated, they would have been at least 61% higher. (author)
Lessons from the Electricity Auctions in Brazil

International Nuclear Information System (INIS)

Dutra, Joisa; Menezes, Flavio

2005-01-01

The first lesson to emerge from the recent auctions falls within a category that might be described as 'higher costs of reforms in developing economies.' These range from bidders' fears of future government-imposed price caps to technical issues, such as the potential loss of efficiency resulting from bidders' lack of knowledge about ceiling prices, reference supply, and the demand reduction mechanism
Design and implementation of flexible TWDM-PON with PtP WDM overlay based on WSS for next-generation optical access networks

Science.gov (United States)

Wu, Bin; Yin, Hongxi; Qin, Jie; Liu, Chang; Liu, Anliang; Shao, Qi; Xu, Xiaoguang

2016-09-01

Aiming at the increasing demand of the diversification services and flexible bandwidth allocation of the future access networks, a flexible passive optical network (PON) scheme combining time and wavelength division multiplexing (TWDM) with point-to-point wavelength division multiplexing (PtP WDM) overlay is proposed for the next-generation optical access networks in this paper. A novel software-defined optical distribution network (ODN) structure is designed based on wavelength selective switches (WSS), which can implement wavelength and bandwidth dynamical allocations and suits for the bursty traffic. The experimental results reveal that the TWDM-PON can provide 40 Gb/s downstream and 10 Gb/s upstream data transmission, while the PtP WDM-PON can support 10 GHz point-to-point dedicated bandwidth as the overlay complement system. The wavelengths of the TWDM-PON and PtP WDM-PON are allocated dynamically based on WSS, which verifies the feasibility of the proposed structure.
Innovations in Defense Acquisition Auctions: Lessons Learned and Alternative Mechanism Designs

National Research Council Canada - National Science Library

Coughlan, Peter; Gates, William; Lamping, Jennifer

2008-01-01

.... In general, reverse auctions have been limited to procurement actions involving relatively standard price-driven commercial products-products typically purchased through traditional competitive markets...
MDP-based resource allocation for triple-play transmission on xDSL systems

Science.gov (United States)

de Souza, Lamartine V.; de Carvalho, Glaucio H. S.; Cardoso, Diego L.; de Carvalho, Solon V.; Frances, Carlos R. L.; Costa, João C. W. A.; Riu, Jaume Rius i.

2007-09-01

Many broadband services are based on multimedia applications, such as voice over internet protocol (VoIP), video conferencing, video on demand (VoD), and internet protocol television (IPTV). The combination "triple-play" is often used with IPTV. It simply means offering voice, video and data. IPTV and others services uses digital broadband networks such as ADSL2+ (Asymmetric Digital Subscriber Line) and VDSL (Very High Rate DSL) to transmit the data. We have formulated a MDP (Markov Decision Process) for a triple-play transmission on DSL environment. In this paper, we establish the relationship between DSL transmission characteristics and its finite-state Markov model for a triple-play transmission system. This relationship can be used for a resource management for multimedia applications delivered through a broadband infrastructure. The solution to our optimization problem can be found using dynamic programming (DP) techniques, such as value iteration and its variants. Our study results in a transmission strategy that chooses the optimal resource allocation according the triple-play traffic requirements, defined in technical report TR-126 (Triple-Play Services Quality of Experience Requirements) from DSL Forum, minimizing quality of service (QoS) violations with respect to bandwidth. Three traffic classes (video, audio, and best effort internet data) are defined and analyzed. Our simulation results show parameters like as blocking probability for each class, link utilization and optimal control policies. The MDP-based approach provides a satisfactory way of resource management for a DSL system.
Multi-objective market clearing of joint energy and reserves auctions ensuring power system security

International Nuclear Information System (INIS)

Aghaei, J.; Shayanfar, H.; Amjady, N.

2009-01-01

A model and solution approach to day-ahead market clearing of joint energy and reserves auctions is proposed in this paper. The model represents the clearing system used by ISO in charge of both the market operation and system security. A Multiobjective Mathematical Programming (MMP) formulation is implemented for provision of ancillary services (Automatic Generation Control or AGC, Spinning, Non-spinning and operational reserves) as well as energy in simultaneous auctions by pool-based aggregated market scheme. System security is taken into account in the market clearing procedure as the extra objective functions of the optimization problem. So, in the MMP formulation of the market clearing process, the objective functions (generation cost and security indices) are optimized while meeting AC power flow constraints, system reserve requirements and lost opportunity cost (LOC) considerations. The model is applied to the IEEE 24-bus Reliability Test System (IEEE 24-bus RTS), and simulation studies are carried out to examine the effectiveness of the proposed method
Electronic Reverse Auctions: Integrating an E-Sourcing Tool into a Sales and Purchasing Cross-Course Negotiation Project

Science.gov (United States)

Williams, Jacqueline A.; Dobie, Kathryn

2011-01-01

Electronic reverse auctions are increasingly being used by firms to improve firm financial and operational performance. The described teaching innovation serves as a model for introducing electronic reverse auctions as a central element in a comprehensive negotiation exercise involving sales management and purchasing management students. Results…

76 FR 76174 - Request for Information on the State of the Offshore Renewable Energy Industry-Auction Format...

Science.gov (United States)

2011-12-06

... ``Multiple Factor Auctions,'' in which non- financial considerations are taken into account at the outset. If... tends to award leases to developers with good financial backing. Because the winning bidders would need... variations of the package auction format merit consideration for leasing packages of lots for offshore...
Security analysis with improved design of post-confirmation mechanism for quantum sealed-bid auction with single photons

Science.gov (United States)

Zhang, Ke-Jia; Kwek, Leong-Chuan; Ma, Chun-Guang; Zhang, Long; Sun, Hong-Wei

2018-02-01

Quantum sealed-bid auction (QSA) has been widely studied in quantum cryptography. For a successful auction, post-confirmation is regarded as an important mechanism to make every bidder verify the identity of the winner after the auctioneer has announced the result. However, since the auctioneer may be dishonest and collude with malicious bidders in practice, some potential loopholes could exist. In this paper, we point out two types of collusion attacks for a particular post-confirmation technique with EPR pairs. And it is not difficult to see that there exists no unconditionally secure post-confirmation mechanism in the existing QSA model, if the dishonest participants have the ability to control multiparticle entanglement. In the view of this, we note that some secure implementation could exist if the participants are supposed to be semi-quantum, i.e., they can only control single photons. Finally, two potential methods to design post-confirmation mechanism are presented in this restricted scenario.
Set-Asides and Subsidies in Auctions

OpenAIRE

Susan Athey; Dominic Coey; Jonathan Levin

2011-01-01

Set-asides and subsidies are used extensively in government procurement and natural resource sales. We analyze these policies in an empirical model of U.S. Forest Service timber auctions. The model fits the data well both within the sample of unrestricted sales where we estimate the model, and when we predict (out of sample) bidder entry and prices for small business set-asides. Our estimates suggest that restricting entry to small businesses substantially reduces efficiency and revenue, alth...
PIYAS-Proceeding to Intelligent Service Oriented Memory Allocation for Flash Based Data Centric Sensor Devices in Wireless Sensor Networks

Directory of Open Access Journals (Sweden)

Sanam Shahla Rizvi

2009-12-01

Full Text Available Flash memory has become a more widespread storage medium for modern wireless devices because of its effective characteristics like non-volatility, small size, light weight, fast access speed, shock resistance, high reliability and low power consumption. Sensor nodes are highly resource constrained in terms of limited processing speed, runtime memory, persistent storage, communication bandwidth and finite energy. Therefore, for wireless sensor networks supporting sense, store, merge and send schemes, an efficient and reliable file system is highly required with consideration of sensor node constraints. In this paper, we propose a novel log structured external NAND flash memory based file system, called Proceeding to Intelligent service oriented memorY Allocation for flash based data centric Sensor devices in wireless sensor networks (PIYAS. This is the extended version of our previously proposed PIYA [1]. The main goals of the PIYAS scheme are to achieve instant mounting and reduced SRAM space by keeping memory mapping information to a very low size of and to provide high query response throughput by allocation of memory to the sensor data by network business rules. The scheme intelligently samples and stores the raw data and provides high in-network data availability by keeping the aggregate data for a longer period of time than any other scheme has done before. We propose effective garbage collection and wear-leveling schemes as well. The experimental results show that PIYAS is an optimized memory management scheme allowing high performance for wireless sensor networks.
PIYAS-proceeding to intelligent service oriented memory allocation for flash based data centric sensor devices in wireless sensor networks.

Science.gov (United States)

Rizvi, Sanam Shahla; Chung, Tae-Sun

2010-01-01

Flash memory has become a more widespread storage medium for modern wireless devices because of its effective characteristics like non-volatility, small size, light weight, fast access speed, shock resistance, high reliability and low power consumption. Sensor nodes are highly resource constrained in terms of limited processing speed, runtime memory, persistent storage, communication bandwidth and finite energy. Therefore, for wireless sensor networks supporting sense, store, merge and send schemes, an efficient and reliable file system is highly required with consideration of sensor node constraints. In this paper, we propose a novel log structured external NAND flash memory based file system, called Proceeding to Intelligent service oriented memorY Allocation for flash based data centric Sensor devices in wireless sensor networks (PIYAS). This is the extended version of our previously proposed PIYA [1]. The main goals of the PIYAS scheme are to achieve instant mounting and reduced SRAM space by keeping memory mapping information to a very low size of and to provide high query response throughput by allocation of memory to the sensor data by network business rules. The scheme intelligently samples and stores the raw data and provides high in-network data availability by keeping the aggregate data for a longer period of time than any other scheme has done before. We propose effective garbage collection and wear-leveling schemes as well. The experimental results show that PIYAS is an optimized memory management scheme allowing high performance for wireless sensor networks.
Dynamic Allocation of a Domestic Heating Task to Gas-Based and Heatpump-Based Heating Agents

NARCIS (Netherlands)

Treur, J.

2013-01-01

In this paper a multi-agent model for a domestic heating task is introduced and analysed. The model includes two alternative heating agents (for gas-based heating and for heatpump-based heating), and a third allocation agent which determines the most economic allocation of the heating task to these
Comparisons of auction mechanisms in a multiple unit setting: A consideration for restructuring electric power markets

Science.gov (United States)

Bernard, John Charles

The objective of this study was to compare the performance of five single sided auctions that could be used in restructured electric power markets across different market sizes in a multiple unit setting. Auction selection would profoundly influence an industry over $200 billion in size in the United States, and the consequences of implementing an inappropriate mechanism would be great. Experimental methods were selected to analyze the auctions. Two rounds of experiments were conducted, the first testing the sealed offer last accepted offer (LAO) and first rejected offer (FRO), and the clock English (ENG) and sealed offer English (SOE) in markets of sizes two and six. The FRO, SOE, and ENG used the same pricing rule. Second round testing was on the LAO, FRO, and the nonuniform price multiple unit Vickrey (MUV) in markets of sizes two, four, and six. Experiments lasted 23 and 75 periods for rounds 1 and 2 respectively. Analysis of variance and contrast analysis were used to examine the data. The four performance measures used were price, efficiency, profits per unit, and supply revelation. Five basic principles were also assessed: no sales at losses, all low cost capacity should be offered and sold, no high cost capacity should sell, and the market should clear. It was expected group size and auction type would affect performance. For all performance measures, group size was a significant variable, with smaller groups showing poorer performance. Auction type was significant only for the efficiency performance measure, where clock auctions outperformed the others. Clock auctions also proved superior for the first four principles. The FRO performed poorly in almost all situations, and should not be a preferred mechanism in any market. The ENG was highly efficient, but expensive for the buyer. The SOE appeared superior to the FRO and ENG. The clock improves efficiency over the FRO while less information kept prices under the ENG. The MUV was superior in revealing costs
75 FR 56533 - Wireless Telecommunications Bureau Postpones Auction of 218-219 MHz Service and Phase II 220 MHz...

Science.gov (United States)

2010-09-16

... FEDERAL COMMUNICATIONS COMMISSION [AU Docket No. 10-107; DA 10-1630] Wireless Telecommunications... Auction 89. FOR FURTHER INFORMATION CONTACT: Wireless Telecommunications Bureau, Auctions and Spectrum... by the Chief, Wireless Telecommunications Bureau pursuant to authority delegated by 47 CFR 0.131...
Multi-robot task allocation based on two dimensional artificial fish swarm algorithm

Science.gov (United States)

Zheng, Taixiong; Li, Xueqin; Yang, Liangyi

2007-12-01

The problem of task allocation for multiple robots is to allocate more relative-tasks to less relative-robots so as to minimize the processing time of these tasks. In order to get optimal multi-robot task allocation scheme, a twodimensional artificial swarm algorithm based approach is proposed in this paper. In this approach, the normal artificial fish is extended to be two dimension artificial fish. In the two dimension artificial fish, each vector of primary artificial fish is extended to be an m-dimensional vector. Thus, each vector can express a group of tasks. By redefining the distance between artificial fish and the center of artificial fish, the behavior of two dimension fish is designed and the task allocation algorithm based on two dimension artificial swarm algorithm is put forward. At last, the proposed algorithm is applied to the problem of multi-robot task allocation and comparer with GA and SA based algorithm is done. Simulation and compare result shows the proposed algorithm is effective.
Dynamics of risk management tools and auctions in the second phase of the Brazilian Electricity Market reform

International Nuclear Information System (INIS)

De Souza, Fabio Cavaliere; Legey, Luiz Fernando Loureiro

2010-01-01

In 2004, the reform of the Brazilian Electricity Market underwent a thorough revision. One of its causes was the electricity rationing that began in June 2001 and lasted until February 2002. Among other measures, the 2004 revision devised new mechanisms intended to reduce risks associated to contracts settled in electricity auctions and those related to investments in new generation plants. As 4 years have passed since the onset of the reform's revision, sufficiently enough data are now available for an analysis of the post-revision dynamics of the Brazilian Electricity Market. This is the purpose of the present paper. We focus on the dynamics of the different types of electricity auctions and on the so-called Mechanism for Compensation of Surpluses and Deficits, both created in the wake of the 2004 revision. The ultimate goal is to understand the behavior of the agents involved in auctions - notably buyers and sellers of electricity - and propose remedial actions to eliminate existing loopholes in the present regulatory framework. To achieve this goal, four steps were necessary. Firstly, a data base to support the analysis was built. Then, the main drivers of the dynamics of the risk management tools were identified. Finally, consequences of the implemented changes were discussed and corrections for observed pitfalls proposed. (author)
Large-bandwidth planar photonic crystal waveguides

DEFF Research Database (Denmark)

Søndergaard, Thomas; Lavrinenko, Andrei

2002-01-01

A general design principle is presented for making finite-height photonic crystal waveguides that support leakage-free guidance of light over large frequency intervals. The large bandwidth waveguides are designed by introducing line defects in photonic crystal slabs, where the material in the line...... defect has appropriate dispersion properties relative to the photonic crystal slab material surrounding the line defect. A three-dimensional theoretical analysis is given for large-bandwidth waveguide designs based on a silicon-air photonic crystal slab suspended in air. In one example, the leakage......-free single-mode guidance is found for a large frequency interval covering 60% of the photonic band-gap....
Bidding behaviour in multi-unit auctions – an experimental investigation

Czech Academy of Sciences Publication Activity Database

Engelmann, Dirk; Grimm, V.

2009-01-01

Roč. 119, č. 537 (2009), s. 855-882 ISSN 0013-0133 Institutional research plan: CEZ:AV0Z70850503 Keywords : multi-unit auctions * bidding behavior * laboratory experiments Subject RIV: AH - Economics Impact factor: 1.902, year: 2009
Reputation mechanism: From resolution for truthful online auctions to the model of optimal one-gambler problem

Energy Technology Data Exchange (ETDEWEB)

Bradonjic, Milan [Los Alamos National Laboratory

2009-01-01

In this paper we study reputation mechanisms, and show how the notion of reputation can help us in building truthful online auction mechanisms. From the mechanism design prospective, we derive the conditions on and design a truthful online auction mechanism. Moreover, in the case when some agents may lay or cannot have the real knowledge about the other agents reputations, we derive the resolution of the auction, such that the mechanism is truthful. Consequently, we move forward to the optimal one-gambler/one-seller problem, and explain how that problem is refinement of the previously discussed online auction design in the presence of reputation mechanism. In the setting of the optimal one-gambler problem, we naturally rise and solve the specific question: What is an agent's optimal strategy, in order to maximize his revenue? We would like to stress that our analysis goes beyond the scope, which game theory usually discusses under the notion of reputation. We model one-player games, by introducing a new parameter (reputation), which helps us in predicting the agent's behavior, in real-world situations, such as, behavior of a gambler, real-estate dealer, etc.
77 FR 11115 - Mobility Fund Phase I Auction Limited Extension of Deadlines for Comments and Reply Comments on...

Science.gov (United States)

2012-02-24

... FEDERAL COMMUNICATIONS COMMISSION [AU Docket No. 12-25; DA 12-236] Mobility Fund Phase I Auction... the Mobility Fund Phase I Auction Limited Extension of Comment Deadlines Public Notice (Public Notice... respect to the potential eligibility of specific census blocks for Mobility Fund Phase I support by March...
49 CFR 599.402 - Requirements and limitations for salvage auctions that are consigned trade-in vehicles under the...

Science.gov (United States)

2010-10-01

... that are consigned trade-in vehicles under the CARS program. 599.402 Section 599.402 Transportation... SAVE ACT PROGRAM Disposal of Trade-in Vehicle § 599.402 Requirements and limitations for salvage auctions that are consigned trade-in vehicles under the CARS program. (a) The salvage auction must: (1...
Bandwidth trading under misaligned objectives: decentralized measurement-based control

NARCIS (Netherlands)

M.R.H. Mandjes (Michel); M. Ramakrishnan

2006-01-01

htmlabstractThis paper studies the interplay between a profit-maximizing network and a number of users competing for the finite bandwidth on each link. In our setting, the objectives of the network and the users are ‘misaligned’, in that the prices that optimize the network’s profit do not maximize
Bandwidth trading under misaligned objectives: decentralized measurement-based control

NARCIS (Netherlands)

Mandjes, M.R.H.; Ramakrishnan, M.

2008-01-01

This paper studies the interplay between a profit-maximizing network and a number of users competing for the finite bandwidth on each link. In our setting, the objectives of the network and the users are ‘misaligned’, in that the prices that optimize the network’s profit do not maximize the
On System Engineering a Barter-Based Re-allocation of Space System Key Development Resources

Science.gov (United States)

Kosmann, William J.

NASA has had a decades-long problem with cost growth during the development of space science missions. Numerous agency-sponsored studies have produced average mission level development cost growths ranging from 23 to 77%. A new study of 26 historical NASA science instrument set developments using expert judgment to re-allocate key development resources has an average cost growth of 73.77%. Twice in history, during the Cassini and EOS-Terra science instrument developments, a barter-based mechanism has been used to re-allocate key development resources. The mean instrument set development cost growth was -1.55%. Performing a bivariate inference on the means of these two distributions, there is statistical evidence to support the claim that using a barter-based mechanism to re-allocate key instrument development resources will result in a lower expected cost growth than using the expert judgment approach. Agent-based discrete event simulation is the natural way to model a trade environment. A NetLogo agent-based barter-based simulation of science instrument development was created. The agent-based model was validated against the Cassini historical example, as the starting and ending instrument development conditions are available. The resulting validated agent-based barter-based science instrument resource re-allocation simulation was used to perform 300 instrument development simulations, using barter to re-allocate development resources. The mean cost growth was -3.365%. A bivariate inference on the means was performed to determine that additional significant statistical evidence exists to support a claim that using barter-based resource re-allocation will result in lower expected cost growth, with respect to the historical expert judgment approach. Barter-based key development resource re-allocation should work on science spacecraft development as well as it has worked on science instrument development. A new study of 28 historical NASA science spacecraft
Receiver bandwidth effects on complex modulation and detection using directly modulated lasers.

Science.gov (United States)

Yuan, Feng; Che, Di; Shieh, William

2016-05-01

Directly modulated lasers (DMLs) have long been employed for short- and medium-reach optical communications due to their low cost. Recently, a new modulation scheme called complex modulated DMLs has been demonstrated showing a significant optical signal to noise ratio sensitivity enhancement compared with the traditional intensity-only detection scheme. However, chirp-induced optical spectrum broadening is inevitable in complex modulated systems, which may imply a need for high-bandwidth receivers. In this Letter, we study the impact of receiver bandwidth effects on the performance of complex modulation and coherent detection systems based on DMLs. We experimentally demonstrate that such systems exhibit a reasonable tolerance for the reduced receiver bandwidth. For 10 Gbaud 4-level pulse amplitude modulation signals, the required electrical bandwidth is as low as 8.5 and 7.5 GHz for 7% and 20% forward error correction, respectively. Therefore, it is feasible to realize DML-based complex modulated systems using cost-effective receivers with narrow bandwidth.
Bandwidth scalable, coherent transmitter based on the parallel synthesis of multiple spectral slices using optical arbitrary waveform generation.

Science.gov (United States)

Geisler, David J; Fontaine, Nicolas K; Scott, Ryan P; He, Tingting; Paraschis, Loukas; Gerstel, Ori; Heritage, Jonathan P; Yoo, S J B

2011-04-25

We demonstrate an optical transmitter based on dynamic optical arbitrary waveform generation (OAWG) which is capable of creating high-bandwidth (THz) data waveforms in any modulation format using the parallel synthesis of multiple coherent spectral slices. As an initial demonstration, the transmitter uses only 5.5 GHz of electrical bandwidth and two 10-GHz-wide spectral slices to create 100-ns duration, 20-GHz optical waveforms in various modulation formats including differential phase-shift keying (DPSK), quaternary phase-shift keying (QPSK), and eight phase-shift keying (8PSK) with only changes in software. The experimentally generated waveforms showed clear eye openings and separated constellation points when measured using a real-time digital coherent receiver. Bit-error-rate (BER) performance analysis resulted in a BER < 9.8 × 10(-6) for DPSK and QPSK waveforms. Additionally, we experimentally demonstrate three-slice, 4-ns long waveforms that highlight the bandwidth scalable nature of the optical transmitter. The various generated waveforms show that the key transmitter properties (i.e., packet length, modulation format, data rate, and modulation filter shape) are software definable, and that the optical transmitter is capable of acting as a flexible bandwidth transmitter.

Learning by investing: evidence from a naturally occurring auction

Czech Academy of Sciences Publication Activity Database

Hanousek, Jan; Kočenda, Evžen

2011-01-01

Roč. 19, č. 1 (2011), s. 125-149 ISSN 0967-0750 R&D Projects: GA ČR GA402/09/1595; GA MŠk LC542 Institutional research plan: CEZ:MSM0021620846 Keywords : learning * naturally occurring auction * stock market Subject RIV: AH - Economics Impact factor: 0.679, year: 2011
Factors affecting the auction price of Veldram performance tested ...

African Journals Online (AJOL)

The popularity of these auctions for performance tested rams (89.4 % of rams sold) indicate that Veld tested rams were sought after by buyers. The sale price of 296 Veld tested Dorper rams sold between 1994 and 2001, covering seven different tests, were compared with their measured and observed performances.
On the economics of PURPA auctions. [Contracts between utilities and electricity producers in the USA

Energy Technology Data Exchange (ETDEWEB)

Bolle, Friedel (Energiewirtschaftliches Inst. an der Univ. zu Koeln (Germany))

1991-04-01

It is shown that, under certain conditions, Public Utility Regulatory Policies Act (PURPA) auctions in the USA theoretically lead to efficient contracts between utilities and producers of electricity. In contrast to normal auctions bidders compete with (potentially non-linear) revenue functions and with non-price attributes. In practice, there are tremendous difficulties in the evaluation of bids which result from the long duration of contracts and from the necessity to evaluate risks and non-price attributes. (author).
Ultrawide Bandwidth Receiver Based on a Multivariate Generalized Gaussian Distribution

KAUST Repository

Ahmed, Qasim Zeeshan

2015-04-01

Multivariate generalized Gaussian density (MGGD) is used to approximate the multiple access interference (MAI) and additive white Gaussian noise in pulse-based ultrawide bandwidth (UWB) system. The MGGD probability density function (pdf) is shown to be a better approximation of a UWB system as compared to multivariate Gaussian, multivariate Laplacian and multivariate Gaussian-Laplacian mixture (GLM). The similarity between the simulated and the approximated pdf is measured with the help of modified Kullback-Leibler distance (KLD). It is also shown that MGGD has the smallest KLD as compared to Gaussian, Laplacian and GLM densities. A receiver based on the principles of minimum bit error rate is designed for the MGGD pdf. As the requirement is stringent, the adaptive implementation of the receiver is also carried out in this paper. Training sequence of the desired user is the only requirement when implementing the detector adaptively. © 2002-2012 IEEE.
78 FR 68839 - Tribal Mobility Fund Phase I Auction Rescheduled for February 25, 2014; Notice of Changes to...

Science.gov (United States)

2013-11-15

... FEDERAL COMMUNICATIONS COMMISSION [AU Docket No. 13-53; DA 13-2057] Tribal Mobility Fund Phase I Auction Rescheduled for February 25, 2014; Notice of Changes to Auction 902 Schedule Following Resumption... up to $50 million in one-time Tribal Mobility Fund Phase I support, will be conducted on February 25...
An Efficient Electronic English Auction System with a Secure On-Shelf Mechanism and Privacy Preserving

Directory of Open Access Journals (Sweden)

Hong Zhong

2016-01-01

Full Text Available With the rapid development of the Internet, electronic commerce has become more and more popular. As an important element of e-commerce, many Internet companies such as Yahoo! and eBay have launched electronic auction systems. However, like most electronic commerce products, safety is an important issue that should be addressed. Many researchers have proposed secure electronic auction mechanisms, but we found that some of them do not exhibit the property of unlinkability, which leads to the leakage of users’ privacy. Considering the importance of privacy preservation, we have designed a new auction mechanism. Through symmetrical key establishment in the registration phase, all messages transmitted over the Internet would be protected and, meanwhile, achieve the property of unlinkability. The security analysis and performance analysis show that our protocol fulfills more security properties and is more efficient for implementation compared with recent works.
Acousto-optics bandwidth broadening in a Bragg cell based on arbitrary synthesized signal methods.

Science.gov (United States)

Peled, Itay; Kaminsky, Ron; Kotler, Zvi

2015-06-01

In this work, we present the advantages of driving a multichannel acousto-optical deflector (AOD) with a digitally synthesized multifrequency RF signal. We demonstrate a significant bandwidth broadening of ∼40% by providing well-tuned phase control of the array transducers. Moreover, using a multifrequency, complex signal, we manage to suppress the harmonic deflections and return most of the spurious energy to the main beam. This method allows us to operate the AOD with more than an octave of bandwidth with negligible spurious energy going to the harmonic beams and a total bandwidth broadening of over 70%.
ANCS: Achieving QoS through Dynamic Allocation of Network Resources in Virtualized Clouds

Directory of Open Access Journals (Sweden)

Cheol-Ho Hong

2016-01-01

Full Text Available To meet the various requirements of cloud computing users, research on guaranteeing Quality of Service (QoS is gaining widespread attention in the field of cloud computing. However, as cloud computing platforms adopt virtualization as an enabling technology, it becomes challenging to distribute system resources to each user according to the diverse requirements. Although ample research has been conducted in order to meet QoS requirements, the proposed solutions lack simultaneous support for multiple policies, degrade the aggregated throughput of network resources, and incur CPU overhead. In this paper, we propose a new mechanism, called ANCS (Advanced Network Credit Scheduler, to guarantee QoS through dynamic allocation of network resources in virtualization. To meet the various network demands of cloud users, ANCS aims to concurrently provide multiple performance policies; these include weight-based proportional sharing, minimum bandwidth reservation, and maximum bandwidth limitation. In addition, ANCS develops an efficient work-conserving scheduling method for maximizing network resource utilization. Finally, ANCS can achieve low CPU overhead via its lightweight design, which is important for practical deployment.
Chunk-Based Energy Efficient Resource Allocation in OFDMA Systems

Directory of Open Access Journals (Sweden)

Yong Li

2013-01-01

Full Text Available Energy efficiency (EE capacity analysis of the chunk-based resource allocation is presented by considering the minimum spectrum efficiency (SE constraint in downlink multiuser orthogonal frequency division multiplexing (OFDM systems. Considering the minimum SE requirement, an optimization problem to maximize EE with limited transmit power is formulated over frequency selective channels. Based on this model, a low-complexity energy efficient resource allocation is proposed. The effects of system parameters, such as the average channel gain-to-noise ratio (CNR and the number of subcarriers per chunk, are evaluated. Numerical results demonstrate the effectiveness of the proposed scheme for balancing the EE and SE.
Design of bandwidth tunable HTS filter using H-shaped waveguides

Energy Technology Data Exchange (ETDEWEB)

Koike, Y. [Department of Electrical Engineering, University of Yamanashi, Nakagawa-Sekiya Laboratory, 4-3-11 Takeda, Kofu 400-8511 (Japan); Sekiya, N., E-mail: nsekiya@yamanashi.ac.j [Department of Electrical Engineering, University of Yamanashi, Nakagawa-Sekiya Laboratory, 4-3-11 Takeda, Kofu 400-8511 (Japan); Nakagawa, Y. [Department of Electrical Engineering, University of Yamanashi, Nakagawa-Sekiya Laboratory, 4-3-11 Takeda, Kofu 400-8511 (Japan); Ohshima, S. [Yamagata University, 4-3-16 Johnan, Yonezawa 992-8510 (Japan)

2009-10-15

We have developed a bandwidth tuning method for use in high-temperature superconducting (HTS) microstrip filters. Several H-shaped waveguides are placed between the resonators, and the bandwidth is adjusted by changing the switch states of the waveguides. The coupling coefficients between the resonators are controlled by switching the connection or isolation of the center gaps of the waveguides so as to tune the bandwidth. The effects of using this method were evaluated by simulation using a filter composed of 3-pole half-wavelength straight-line resonators with an H-shaped waveguide between each pair and additional electric pads for post-tuning trimming. The filter was designed to have a center frequency of 5 GHz and a bandwidth of 100 MHz by using an electromagnetic simulator based on the moment method. The simulation showed that bandwidth tuning of 150 MHz can be obtained by using H-shaped waveguides to adjust the coupling coefficients. It also showed that using additional electric pads around the feed lines, which was previously shown to be useful for trimming to improve insertion loss after center-frequency tuning, is also useful for bandwidth tuning.
Software defined multi-OLT passive optical network for flexible traffic allocation

Science.gov (United States)

Zhang, Shizong; Gu, Rentao; Ji, Yuefeng; Zhang, Jiawei; Li, Hui

2016-10-01

With the rapid growth of 4G mobile network and vehicular network services mobile terminal users have increasing demand on data sharing among different radio remote units (RRUs) and roadside units (RSUs). Meanwhile, commercial video-streaming, video/voice conference applications delivered through peer-to-peer (P2P) technology are still keep on stimulating the sharp increment of bandwidth demand in both business and residential subscribers. However, a significant issue is that, although wavelength division multiplexing (WDM) and orthogonal frequency division multiplexing (OFDM) technology have been proposed to fulfil the ever-increasing bandwidth demand in access network, the bandwidth of optical fiber is not unlimited due to the restriction of optical component properties and modulation/demodulation technology, and blindly increase the wavelength cannot meet the cost-sensitive characteristic of the access network. In this paper, we propose a software defined multi-OLT PON architecture to support efficient scheduling of access network traffic. By introducing software defined networking technology and wavelength selective switch into TWDM PON system in central office, multiple OLTs can be considered as a bandwidth resource pool and support flexible traffic allocation for optical network units (ONUs). Moreover, under the configuration of the control plane, ONUs have the capability of changing affiliation between different OLTs under different traffic situations, thus the inter-OLT traffic can be localized and the data exchange pressure of the core network can be released. Considering this architecture is designed to be maximum following the TWDM PON specification, the existing optical distribution network (ODN) investment can be saved and conventional EPON/GPON equipment can be compatible with the proposed architecture. What's more, based on this architecture, we propose a dynamic wavelength scheduling algorithm, which can be deployed as an application on control plane
Working memory capacity accounts for the ability to switch between object-based and location-based allocation of visual attention.

Science.gov (United States)

Bleckley, M Kathryn; Foster, Jeffrey L; Engle, Randall W

2015-04-01

Bleckley, Durso, Crutchfield, Engle, and Khanna (Psychonomic Bulletin & Review, 10, 884-889, 2003) found that visual attention allocation differed between groups high or low in working memory capacity (WMC). High-span, but not low-span, subjects showed an invalid-cue cost during a letter localization task in which the letter appeared closer to fixation than the cue, but not when the letter appeared farther from fixation than the cue. This suggests that low-spans allocated attention as a spotlight, whereas high-spans allocated their attention to objects. In this study, we tested whether utilizing object-based visual attention is a resource-limited process that is difficult for low-span individuals. In the first experiment, we tested the uses of object versus location-based attention with high and low-span subjects, with half of the subjects completing a demanding secondary load task. Under load, high-spans were no longer able to use object-based visual attention. A second experiment supported the hypothesis that these differences in allocation were due to high-spans using object-based allocation, whereas low-spans used location-based allocation.
Wide-bandwidth bilateral control using two-stage actuator system

International Nuclear Information System (INIS)

Kokuryu, Saori; Izutsu, Masaki; Kamamichi, Norihiro; Ishikawa, Jun

2015-01-01

This paper proposes a two-stage actuator system that consists of a coarse actuator driven by a ball screw with an AC motor (the first stage) and a fine actuator driven by a voice coil motor (the second stage). The proposed two-stage actuator system is applied to make a wide-bandwidth bilateral control system without needing expensive high-performance actuators. In the proposed system, the first stage has a wide moving range with a narrow control bandwidth, and the second stage has a narrow moving range with a wide control bandwidth. By consolidating these two inexpensive actuators with different control bandwidths in a complementary manner, a wide bandwidth bilateral control system can be constructed based on a mechanical impedance control. To show the validity of the proposed method, a prototype of the two-stage actuator system has been developed and basic performance was evaluated by experiment. The experimental results showed that a light mechanical impedance with a mass of 10 g and a damping coefficient of 2.5 N/(m/s) that is an important factor to establish good transparency in bilateral control has been successfully achieved and also showed that a better force and position responses between a master and slave is achieved by using the proposed two-stage actuator system compared with a narrow bandwidth case using a single ball screw system. (author)
Bandwidth extension of speech using perceptual criteria

CERN Document Server

Berisha, Visar; Liss, Julie

2013-01-01

Bandwidth extension of speech is used in the International Telecommunication Union G.729.1 standard in which the narrowband bitstream is combined with quantized high-band parameters. Although this system produces high-quality wideband speech, the additional bits used to represent the high band can be further reduced. In addition to the algorithm used in the G.729.1 standard, bandwidth extension methods based on spectrum prediction have also been proposed. Although these algorithms do not require additional bits, they perform poorly when the correlation between the low and the high band is weak. In this book, two wideband speech coding algorithms that rely on bandwidth extension are developed. The algorithms operate as wrappers around existing narrowband compression schemes. More specifically, in these algorithms, the low band is encoded using an existing toll-quality narrowband system, whereas the high band is generated using the proposed extension techniques. The first method relies only on transmitted high-...
Measuring health indicators and allocating health resources: a DEA-based approach.

Science.gov (United States)

Yang, Chih-Ching

2016-02-03

This paper suggests new empirical DEA models for the measurement of health indicators and the allocation of health resources. The proposed models were developed by first suggesting a population-based health indicator. By introducing the suggested indicator into DEA models, a new approach that solves the problem of health resource allocation has been developed. The proposed models are applied to an empirical study of Taiwan's health system. Empirical findings show that the suggested indicator can successfully accommodate the differences in health resource demands between populations, providing more reliable performance information than traditional indicators such as physician density. Using our models and a commonly used allocation mechanism, capitation, to allocate medical expenditures, it is found that the proposed model always obtains higher performance than those derived from capitation, and the superiority increases as allocated expenditures rise.
Improved-Bandwidth Transimpedance Amplifier

Science.gov (United States)

Chapsky, Jacob

2009-01-01

The widest available operational amplifier, with the best voltage and current noise characteristics, is considered for transimpedance amplifier (TIA) applications where wide bandwidth is required to handle fast rising input signals (as for time-of-flight measurement cases). The added amplifier inside the TIA feedback loop can be configured to have slightly lower voltage gain than the bandwidth reduction factor.
Estimating individual listeners’ auditory-filter bandwidth in simultaneous and non-simultaneous masking

DEFF Research Database (Denmark)

Buchholz, Jörg; Caminade, Sabine; Strelcyk, Olaf

2010-01-01

Frequency selectivity in the human auditory system is often measured using simultaneous masking of tones presented in notched noise. Based on such masking data, the equivalent rectangular bandwidth (ERB) of the auditory filters can be derived by applying the power spectrum model of masking....... Considering bandwidth estimates from previous studies based on forward masking, only average data across a number of subjects have been considered. The present study is concerned with bandwidth estimates in simultaneous and forward masking in individual normal-hearing subjects. In order to investigate...... the reliability of the individual estimates, a statistical resampling method is applied. It is demonstrated that a rather large set of experimental data is required to reliably estimate auditory filter bandwidth, particularly in the case of simultaneous masking. The poor overall reliability of the filter...
The influence of an online auction's product price and e-retailer reputation on consumers' perception, attitude, and behavioral intention.

Science.gov (United States)

Wu, Wann-Yih; Huang, Po-Ching; Fu, Chen-Su

2011-06-01

Online auctions combine the conventional auction model with information technology. However, information asymmetry within such auctions causes risks and uncertainties that influence consumer purchase intentions. In this study, a 2 (product price: high vs. low) × 2 (e-retailer reputation: high vs. low) experimental design was used to understand whether the product price and e-retailer reputation will influence consumers' perceived risk, attitude toward the website and purchase intention. The results of this study indicate that perceived risk negatively influences consumer attitude toward the website and online purchase intention, while consumer attitude toward the website positively influences purchase intention. Moreover, involvement moderates the influence of product price and e-retailer reputation only on social risk but does not have a significant effect on consumer attitude toward the website. This study contributes to a more comprehensive understanding of online auction users' behavior. Finally, the managerial implications, limitations and future research directions are also provided. © 2011 The Authors. Scandinavian Journal of Psychology © 2011 The Scandinavian Psychological Associations.
Probabilistic properties of the continuous double auction

Czech Academy of Sciences Publication Activity Database

Šmíd, Martin

2012-01-01

Roč. 48, č. 1 (2012), s. 50-82 ISSN 0023-5954 R&D Projects: GA ČR GAP402/10/1610; GA ČR GAP402/10/0956; GA ČR(CZ) GA402/06/1417 Institutional research plan: CEZ:AV0Z10750506 Keywords : continuous double auction * limit order market * distribution Subject RIV: BB - Applied Statistics, Operational Research Impact factor: 0.619, year: 2012 http://library.utia.cas.cz/separaty/2012/E/smid-0372702.pdf
Dynamic optical resource allocation for mobile core networks with software defined elastic optical networking.

Science.gov (United States)

Zhao, Yongli; Chen, Zhendong; Zhang, Jie; Wang, Xinbo

2016-07-25

Driven by the forthcoming of 5G mobile communications, the all-IP architecture of mobile core networks, i.e. evolved packet core (EPC) proposed by 3GPP, has been greatly challenged by the users' demands for higher data rate and more reliable end-to-end connection, as well as operators' demands for low operational cost. These challenges can be potentially met by software defined optical networking (SDON), which enables dynamic resource allocation according to the users' requirement. In this article, a novel network architecture for mobile core network is proposed based on SDON. A software defined network (SDN) controller is designed to realize the coordinated control over different entities in EPC networks. We analyze the requirement of EPC-lightpath (EPCL) in data plane and propose an optical switch load balancing (OSLB) algorithm for resource allocation in optical layer. The procedure of establishment and adjustment of EPCLs is demonstrated on a SDON-based EPC testbed with extended OpenFlow protocol. We also evaluate the OSLB algorithm through simulation in terms of bandwidth blocking ratio, traffic load distribution, and resource utilization ratio compared with link-based load balancing (LLB) and MinHops algorithms.

Auctioneers vs. commissaires-priseurs: The carnival mirror of profession regulation in the international art market

Directory of Open Access Journals (Sweden)

Elisabetta Lazzaro

2013-06-01

Full Text Available This paper is a comparative analysis of the recent evolution of the French and the Anglo-Saxon profession regulations of auctioneers in terms of entry barriers and exercise of the profession. Firstly, following Stephen and Love's (1999 framework of the regulation of legal profession, we highlight the differences between regulations focussing on different levels (entry restrictions, advertising, fees, fee contracts, and organisational form. We show that French commissaire-priseurs and Anglo-Saxon auctioneers are bounded to quite opposed rules, relating to both the level of regulation (licensing against registration or certification and the scope of this regulation. Secondly, we try to assess the success of these regulations in terms of economic efficiency by comparing the international markets shares of French and Anglo-Saxon auctioneers. We further highlight how a weak regulation can disturb prices mechanisms and, in some cases, favour speculation. The discussion of some emblematic scandals highlights distortions provoked by a strong, as well as a weak regulation
Bandwidth-on-demand motion control

NARCIS (Netherlands)

Van Loon, S.J.L.M.; Hunnekens, B.G.B.; Simon, A.S.; van de Wouw, N.; Heemels, W.P.M.H.

2018-01-01

In this brief, we introduce a 'bandwidth-on-demand' variable-gain control (VGC) strategy that allows for a varying bandwidth of the feedback controller. The proposed VGC can achieve improved performance given time-varying, reference-dependent performance requirements compared with linear
Optimizing MPBSM Resource Allocation Based on Revenue Management: A China Mobile Sichuan Case

Directory of Open Access Journals (Sweden)

Xu Chen

2015-01-01

Full Text Available The key to determining the network service level of telecom operators is resource allocation for mobile phone base station maintenance (MPBSM. Given intense market competition and higher consumer requirements for network service levels, an increasing proportion of resources have been allocated to MPBSM. Maintenance costs account for the rising fraction of direct costs, and the management of MPBSM resource allocation presents special challenges to telecom operators. China Mobile is the largest telecom operator in the world. Its subsidiary, China Mobile Sichuan, is the first in China to use revenue management in improving MPBSM resource allocation. On the basis of comprehensive revenue (including both economic revenue and social revenue, the subsidiary established a classification model of its base stations. The model scientifically classifies more than 25,000 base stations according to comprehensive revenue. China Mobile Sichuan also conducted differentiation allocation of MPBSM resources on the basis of the classification results. Furthermore, it optimized the assessment system of the telecom base stations to establish an assurance system for the use of MPBSM resources. After half-year implementation, the cell availability of both VIP base stations and total base stations significantly improved. The optimization also reduced economic losses to RMB 10.134 million, and enhanced customer satisfaction with network service by 3.2%.
9 CFR 2.76 - Records: Operators of auction sales and brokers.

Science.gov (United States)

2010-01-01

..., DEPARTMENT OF AGRICULTURE ANIMAL WELFARE REGULATIONS Records § 2.76 Records: Operators of auction sales and... breed or type of animal; (ii) The sex of the animal; and (iii) The date of birth or approximate age; and...
Stereoscopic Visual Attention-Based Regional Bit Allocation Optimization for Multiview Video Coding

Directory of Open Access Journals (Sweden)

Dai Qionghai

2010-01-01

Full Text Available We propose a Stereoscopic Visual Attention- (SVA- based regional bit allocation optimization for Multiview Video Coding (MVC by the exploiting visual redundancies from human perceptions. We propose a novel SVA model, where multiple perceptual stimuli including depth, motion, intensity, color, and orientation contrast are utilized, to simulate the visual attention mechanisms of human visual system with stereoscopic perception. Then, a semantic region-of-interest (ROI is extracted based on the saliency maps of SVA. Both objective and subjective evaluations of extracted ROIs indicated that the proposed SVA model based on ROI extraction scheme outperforms the schemes only using spatial or/and temporal visual attention clues. Finally, by using the extracted SVA-based ROIs, a regional bit allocation optimization scheme is presented to allocate more bits on SVA-based ROIs for high image quality and fewer bits on background regions for efficient compression purpose. Experimental results on MVC show that the proposed regional bit allocation algorithm can achieve over % bit-rate saving while maintaining the subjective image quality. Meanwhile, the image quality of ROIs is improved by dB at the cost of insensitive image quality degradation of the background image.
Power Allocation and Outage Probability Analysis for SDN-based Radio Access Networks

Science.gov (United States)

Zhao, Yongxu; Chen, Yueyun; Mai, Zhiyuan

2018-01-01

In this paper, performance of Access network Architecture based SDN (Software Defined Network) is analyzed with respect to the power allocation issue. A power allocation scheme PSO-PA (Particle Swarm Optimization-power allocation) algorithm is proposed, the proposed scheme is subjected to constant total power with the objective of minimizing system outage probability. The entire access network resource configuration is controlled by the SDN controller, then it sends the optimized power distribution factor to the base station source node (SN) and the relay node (RN). Simulation results show that the proposed scheme reduces the system outage probability at a low complexity.
Competitive market-based allocation of consumer attention space

NARCIS (Netherlands)

S.M. Bohte (Sander); E.H. Gerding (Enrico); J.A. La Poutré (Han)

2001-01-01

textabstractThe amount of attention space available for recommending suppliers to consumers on e-commerce sites is typically limited. We present a competitive distributed recommendation mechanism based on adaptive software agents for efficiently allocating the 'consumer attention space', or banners.
Glass Industry Bandwidth Analysis

Energy Technology Data Exchange (ETDEWEB)

Rue, David M. [Gas Technology Inst., Des Plaines, IL (United States)

2006-07-01

This is a study on energy use and potential savings, or "bandwidth" study, for several glassmaking processes. Intended to provide a realistic estimate of the potential amount of energy that can be saved in an industrial process, the "bandwidth" refers to the difference between the amount of energy that would be consumed in a process using commercially available technology versus the minimum amount of energy needed to achieve those same results.
Industrial Glass Bandwidth Analysis

Energy Technology Data Exchange (ETDEWEB)

Rue, David M. [Gas Technology Inst., Des Plaines, IL (United States); Servaites, James [Gas Technology Inst., Des Plaines, IL (United States); Wolf, Warren [Gas Technology Inst., Des Plaines, IL (United States)

2007-08-01

This is a study on energy use and potential savings, or "bandwidth" study, for several glassmaking processes. Intended to provide a realistic estimate of the potential amount of energy that can be saved in an industrial process, the "bandwidth" refers to the difference between the amount of energy that would be consumed in a process using commercially available technology versus the minimum amount of energy needed to achieve those same results.
Design of the incentive mechanism in electricity auction market based on the signaling game theory

International Nuclear Information System (INIS)

Liu, Zhen; Zhang, Xiliang; Lieu, Jenny

2010-01-01

At present, designing a proper bidding mechanism to decrease the generators' market power is considered to be one of the key approaches to deepen the reform of the electricity market. Based on the signaling game theory, the paper analyzes the main electricity bidding mechanisms in the electricity auction markets and considers the degree of information disturbance as an important factor for evaluating bidding mechanisms. Under the above studies, an incentive electricity bidding mechanism defined as the Generator Semi-randomized Matching (GSM) mechanism is proposed. In order to verify the new bidding mechanism, this paper uses the Swarm platform to develop a simulation model based on the multi-agents. In the simulation model, the generators and purchasers use the partly superior study strategy to adjust their price and their electricity quantity. Then, the paper examines a simulation experiment of the GSM bidding mechanism and compares it to a simulation of the High-Low Matching (HLM) bidding mechanism. According to the simulation results, several conclusions can be drawn when comparing the proposed GSM bidding mechanism to the equilibrium state of HLM: the clearing price decreases, the total transaction volume increases, the profits of electricity generators decreases, and the overall benefits of purchasers increases. Index Terms - signaling game; semi-randomized matching; high-low match. (author)
Making Marketing Principles Tangible: Online Auctions as Living Case Studies

Science.gov (United States)

Wood, Charles M.; Suter, Tracy A.

2004-01-01

This article presents an effective course supplement for Principles of Marketing classes. An experiential project involving online auctions is offered to instructors seeking to create a more participatory student environment and an interactive teaching style. A number of learning points are illustrated that allow instructors to use an auction…
An Efficient Multi-Item Dynamic Auction with Budget Constrained Bidders

NARCIS (Netherlands)

Talman, A.J.J.; Yang, Z.F.

2011-01-01

An auctioneer wishes to sell several heterogeneous indivisible items to a group of potential bidders. Each bidder has valuations over the items but faces a budget constraint and may therefore not be able to pay up to his valuations. In such markets, a competitive equilibrium typically fails to
Bandwidth efficient cluster-based data aggregation for Wireless Sensor Network

DEFF Research Database (Denmark)

Dnyaneshwar, Mantri; Prasad, Neeli R.; Prasad, Ramjee

2015-01-01

A fundamental challenge in the design of Wireless Sensor Network (WSNs) is the proper utilization of resources that are scarce. The critical challenge is to maximize the bandwidth utilization in data gathering and forwarding from sensor nodes to the sink. The main design objective is to utilize...
Free allocation in the European Emissions Trading System (EU ETS): identifying efficient mechanisms through to 2030

International Nuclear Information System (INIS)

Jalard, Matthieu; Alberola, Emilie

2015-11-01

In a world with asymmetrical climate policies, the conclusions of the European Council of October 2014 agreed on continuing the allocation of free CO 2 emissions allowances beyond 2020 to industrial sectors in the EU ETS. This statement has been confirmed in the European Commission's proposal to revise EU ETS directive for phase IV disclosed in July 2015. The stated objective is to ensure that the most efficient industrial installations do not face undue carbon costs which would lead to carbon leakages. Furthermore, free allocations should not undermine the incentive to cut CO 2 emissions, lead to distortions or windfall profits and reduce the auctioning share of allowances. From 2013 to 2020, the allocation of free allowances has been defined according to harmonized European rules based on benchmarks (carbon intensity targets) and historical output adjusted to the free allocation cap by applying the Cross-Sectoral Correction Factor (CSCF). What would be the impact of pursuing the current mechanism through to 2030? Does the EU Commissions' proposal of 15 July respond to the Council's requirements? Which alternative mechanisms could do so? This study examines four scenarios and their potential consequences. - Scenario 1 continues the current free allocation mechanism until 2030. The volume of free allocations thus calculated would be higher than the available free allocation cap and would need to be reduced by a Cross-Sectoral Correction Factor (CSCF) of 66% in 2030. Carbon costs would thus increase for all installations, regardless their exposure to carbon leakages, reducing the protection of most exposed sectors, while widely allocating sectors with limited exposure. - Scenario 2 analyses the proposal to implement an allocation mechanism based on recent industrial output combined with appropriate updating of benchmarks. This allocation method is more effective in combating carbon leakage, as it gives clearer incentive to maintain domestic production
A Centralized Auction Mechanism for the Disability and Survivors Insurance in Chile

Science.gov (United States)

Reyes H., Gonzalo

As part of the pension reform recently approved in Chile, the government introduced a centralized auction mechanism to provide the Disability and Survivors (D&S) Insurance that covers recent contributors among the more than 8 million participants in the mandatory private pension system. This paper is intended as a case study presenting the main distortions found in the decentralized operation of the system that led to this reform and the challenges faced when designing a competitive auction mechanism to be implemented jointly by the Pension Fund Managers (AFP). In a typical bilateral contract the AFP retained much of the risk and the Insurance Company acted in practice as a reinsurer. The process to hire this contract was not competitive and colligated companies ended up providing the service. Several distortions affected competition in the market through incentives to cream-skim members by AFPs (since they bear most of the risk) or efforts to block disability claims. Since the price of this insurance is hidden in the fees charged by AFPs for the administration of individual accounts and pension funds there was lack of price transparency. Since new AFPs have no history of members’ disability and mortality profile the insurance contract acted as a barrier to entry in the market of AFP services, especially when D&S insurance costs reached 50% of total costs. Cross-subsidies between members of the same AFP, inefficient risk pooling (due to pooling occurring at the AFP rather than at the system level) and regulatory arbitrage, since AFPs provided insurance not being regulated as an insurance company, were also present. A centralized auction mechanism solves these market failures, but also gives raise to new challenges, such as how to design a competitive auction that attracts participation and deters collusion. Design features that were incorporated in the regulation to tackle these issues, such as dividing coverage into predefined percentage blocks, are presented
Encouraging information sharing to boost the name-your-own-price auction

Science.gov (United States)

Chen, Yahong; Li, Jinlin; Huang, He; Ran, Lun; Hu, Yusheng

2017-08-01

During a name-your-own-price (NYOP) auction, buyers can learn a lot of knowledge from their socially connected peers. Such social learning process makes them become more active to attend the auction and also helps them make decisions on what price to submit. Combining an information diffusion model and a belief decision model, we explore three effects of bidders' information sharing on the buyers' behaviors and the seller profit. The results indicate that information sharing significantly increases the NYOP popularity and the seller profit. When enlarging the quality or quantity of information sharing, or increasing the spreading efficiency of the network topology, the number of attenders and the seller profit are increased significantly. However, the spread of information may make bidders be more likely to bid higher and consequently lose surplus. In addition, the different but interdependent influence of the successful information and failure information are discussed in this work.
Using Priced Options to Solve the Exposure Problem in Sequential Auctions

Science.gov (United States)

Mous, Lonneke; Robu, Valentin; La Poutré, Han

This paper studies the benefits of using priced options for solving the exposure problem that bidders with valuation synergies face when participating in multiple, sequential auctions. We consider a model in which complementary-valued items are auctioned sequentially by different sellers, who have the choice of either selling their good directly or through a priced option, after fixing its exercise price. We analyze this model from a decision-theoretic perspective and we show, for a setting where the competition is formed by local bidders, that using options can increase the expected profit for both buyers and sellers. Furthermore, we derive the equations that provide minimum and maximum bounds between which a synergy buyer's bids should fall in order for both sides to have an incentive to use the options mechanism. Next, we perform an experimental analysis of a market in which multiple synergy bidders are active simultaneously.
Moiré volume Bragg grating filter with tunable bandwidth.

Science.gov (United States)

Mokhov, Sergiy; Ott, Daniel; Divliansky, Ivan; Zeldovich, Boris; Glebov, Leonid

2014-08-25

We propose a monolithic large-aperture narrowband optical filter based on a moiré volume Bragg grating formed by two sequentially recorded gratings with slightly different resonant wavelengths. Such recording creates a spatial modulation of refractive index with a slowly varying sinusoidal envelope. By cutting a specimen at a small angle, to a thickness of one-period of this envelope, the longitudinal envelope profile will shift from a sine profile to a cosine profile across the face of the device. The transmission peak of the filter has a tunable bandwidth while remaining at a fixed resonant wavelength by a transversal shift of incidence position. Analytical expressions for the tunable bandwidth of such a filter are calculated and experimental data from a filter operating at 1064 nm with bandwidth range 30-90 pm is demonstrated.
Study of network resource allocation based on market and game theoretic mechanism

Science.gov (United States)

Liu, Yingmei; Wang, Hongwei; Wang, Gang

2004-04-01

We work on the network resource allocation issue concerning network management system function based on market-oriented mechanism. The scheme is to model the telecommunication network resources as trading goods in which the various network components could be owned by different competitive, real-world entities. This is a multidisciplinary framework concentrating on the similarity between resource allocation in network environment and the market mechanism in economic theory. By taking an economic (market-based and game theoretic) approach in routing of communication network, we study the dynamic behavior under game-theoretic framework in allocating network resources. Based on the prior work of Gibney and Jennings, we apply concepts of utility and fitness to the market mechanism with an intention to close the gap between experiment environment and real world situation.
The statistical bandwidth of Butterworth filters

Science.gov (United States)

Davy, J. L.; Dunn, I. P.

1987-06-01

The precision of standard architectural acoustic measurements is a function of the statistical bandwidth of the band pass filters used in the measurements. The International and United States Standards on octave and fractional octave-band filters which specify the band pass filters used in architectural acoustics measurements give the effective bandwidth, but unfortunately not the statistical bandwidth of the filters. Both these Standards are currently being revised and both revisions require the use of Butterworth filter characteristics. In this paper it is shown theoretically that the ratio of statistical bandwidth to effective bandwidth for an nth order Butterworth band pass filter is {2n}/{(2n-1)}. This is verified experimentally for third-octave third-order Butterworth band pass filters. It is also shown experimentally that this formula is approximately correct for some non-Butterworth third-octave third-order band pass filters. Because of the importance of Butterworth filters in the revised Standards, the theory of Butterworth filters is reviewed and the formulae for Butterworth filters given in both revised Standards are derived.

A trust-based sensor allocation algorithm in cooperative space search problems

Science.gov (United States)

Shen, Dan; Chen, Genshe; Pham, Khanh; Blasch, Erik

2011-06-01

Sensor allocation is an important and challenging problem within the field of multi-agent systems. The sensor allocation problem involves deciding how to assign a number of targets or cells to a set of agents according to some allocation protocol. Generally, in order to make efficient allocations, we need to design mechanisms that consider both the task performers' costs for the service and the associated probability of success (POS). In our problem, the costs are the used sensor resource, and the POS is the target tracking performance. Usually, POS may be perceived differently by different agents because they typically have different standards or means of evaluating the performance of their counterparts (other sensors in the search and tracking problem). Given this, we turn to the notion of trust to capture such subjective perceptions. In our approach, we develop a trust model to construct a novel mechanism that motivates sensor agents to limit their greediness or selfishness. Then we model the sensor allocation optimization problem with trust-in-loop negotiation game and solve it using a sub-game perfect equilibrium. Numerical simulations are performed to demonstrate the trust-based sensor allocation algorithm in cooperative space situation awareness (SSA) search problems.
Dynamic Resource Allocation and QoS Control Capabilities of the Japanese Academic Backbone Network

Directory of Open Access Journals (Sweden)

Michihiro Aoki

2010-08-01

Full Text Available Dynamic resource control capabilities have become increasingly important for academic networks that must support big scientific research projects at the same time as less data intensive research and educational activities. This paper describes the dynamic resource allocation and QoS control capabilities of the Japanese academic backbone network, called SINET3, which supports a variety of academic applications with a wide range of network services. The article describes the network architecture, networking technologies, resource allocation, QoS control, and layer-1 bandwidth on-demand services. It also details typical services developed for scientific research, including the user interface, resource control, and management functions, and includes performance evaluations.
Amplifying modeling for broad bandwidth pulse in Nd:glass based on hybrid-broaden mechanism

International Nuclear Information System (INIS)

Sujingqin; Lanqin, L; Wenyi, W; Feng, J; Xiaofeng, W; Xiaomin, Z; Bin, L

2008-01-01

In this paper, the cross relaxation time is proposed to combine the homogeneous and inhomogeneous broaden mechanism for broad bandwidth pulse amplification model. The corresponding velocity equation, which can describe the response of inverse population on upper and low energy level of gain media to different frequency of pulse, is also put forward. The gain saturation and energy relaxation effect are also included in the velocity equation. Code named CPAP has been developed to simulate the amplifying process of broad bandwidth pulse in multi-pass laser system. The amplifying capability of multi-pass laser system is evaluated and gain narrowing and temporal shape distortion are also investigated when bandwidth of pulse and cross relaxation time of gain media are different. Results can benefit the design of high-energy PW laser system in LFRC, CAEP
Amplifying modeling for broad bandwidth pulse in Nd:glass based on hybrid-broaden mechanism

Energy Technology Data Exchange (ETDEWEB)

Sujingqin; Lanqin, L; Wenyi, W; Feng, J; Xiaofeng, W; Xiaomin, Z [Research Center of Laser Fusion, China Academy of Engineering Physics, P. O. Box 919-988, Mianyang, China, 621900 (China); Bin, L [School of Computer and Communication Engineering, Southwest Jiaotong University, Chengdu. China, 610031 (China)], E-mail: sujingqin@tom.com

2008-05-15

In this paper, the cross relaxation time is proposed to combine the homogeneous and inhomogeneous broaden mechanism for broad bandwidth pulse amplification model. The corresponding velocity equation, which can describe the response of inverse population on upper and low energy level of gain media to different frequency of pulse, is also put forward. The gain saturation and energy relaxation effect are also included in the velocity equation. Code named CPAP has been developed to simulate the amplifying process of broad bandwidth pulse in multi-pass laser system. The amplifying capability of multi-pass laser system is evaluated and gain narrowing and temporal shape distortion are also investigated when bandwidth of pulse and cross relaxation time of gain media are different. Results can benefit the design of high-energy PW laser system in LFRC, CAEP.
Anatomy of the Rise and Fall of a Price-Fixing Conspiracy: Auctions at Sotheby's and Christie's

OpenAIRE

Ashenfelter, Orley C; Graddy, Kathryn

2004-01-01

The Sotheby's/Christie's price-fixing scandal that ended in the public trial of Alfred Taubman provides a unique window on a number of key economic and antitrust policy issues related to the use of the auction system. The trial provided detailed evidence as to how the price fixing worked, and the economic conditions under which it was started and began to fall apart. The outcome of the case also provides evidence on the novel auction process used to choose the lead counsel for the civil settl...
An FPGA-Based Adaptable 200 MHz Bandwidth Channel Sounder for Wireless Communication Channel Characterisation

Directory of Open Access Journals (Sweden)

David L. Ndzi

2011-01-01

Full Text Available This paper describes the development of a fast adaptable FPGA-based wideband channel sounder with signal bandwidths of up to 200 MHz and channel sampling rates up to 5.4 kHz. The application of FPGA allows the user to vary the number of real-time channel response averages, channel sampling interval, and duration of measurement. The waveform, bandwidth, and frequency resolution of the sounder can be adapted for any channel under investigation. The design approach and technology used has led to a reduction in size and weight by more than 60%. This makes the sounder ideal for mobile time-variant wireless communication channels studies. Averaging allows processing gains of up to 30 dB to be achieved for measurement in weak signal conditions. The technique applied also improves reliability, reduces power consumption, and has shifted sounder design complexity from hardware to software. Test results show that the sounder can detect very small-scale variations in channels.
Missing money and missing markets: Reliability, capacity auctions and interconnectors

International Nuclear Information System (INIS)

Newbery, David

2016-01-01

In the energy trilemma of reliability, sustainability and affordability, politicians treat reliability as over-riding. The EU assumes the energy-only Target Electricity Model will deliver reliability but the UK argues that a capacity remuneration mechanism is needed. This paper argues that capacity auctions tend to over-procure capacity, exacerbating the missing money problem they were designed to address. The bias is further exacerbated by failing to address some of the missing market problems also neglected in the debate. It examines the case for, criticisms of, and outcome of the first GB capacity auction and problems of trading between different capacity markets. - Highlights: •Energy-only markets can work if they avoid missing money and missing market problems. •Policy makers over-estimate the cost of so-called “loss of load events”. •Policy makers tend to over-procure capacity, exacerbating the missing money problem. •Rectifying missing market problems simplifies trade between different capacity markets. •Addressing missing market problems makes under-procurement cheaper than over-procurement.
Budget constraints and optimization in sponsored search auctions

CERN Document Server

Yang, Yanwu

2013-01-01

The Intelligent Systems Series publishes reference works and handbooks in three core sub-topic areas: Intelligent Automation, Intelligent Transportation Systems, and Intelligent Computing. They include theoretical studies, design methods, and real-world implementations and applications. The series' readership is broad, but focuses on engineering, electronics, and computer science. Budget constraints and optimization in sponsored search auctions takes into account consideration of the entire life cycle of campaigns for researchers and developers working on search systems and ROI maximization
Bandwidth broadening of a graphene-based circular polarization converter by phase compensation.

Science.gov (United States)

Gao, Xi; Yang, Wanli; Cao, Weiping; Chen, Ming; Jiang, Yannan; Yu, Xinhua; Li, Haiou

2017-10-02

We present a broadband tunable circular polarization converter composed of a single graphene sheet patterned with butterfly-shaped holes, a dielectric spacer, and a 7-layer graphene ground plane. It can convert a linearly polarized wave into a circularly polarized wave in reflection mode. The polarization converter can be dynamically tuned by varying the Fermi energy of the single graphene sheet. Furthermore, the 7-layer graphene acting as a ground plane can modulate the phase of its reflected wave by controlling the Femi energy, which provides constructive interference condition at the surface of the single graphene sheet in a broad bandwidth and therefore significantly broadens the tunable bandwidth of the proposed polarization converter.
Bandwidth-Efficient Communication through 225 MHz Ka-band Relay Satellite Channel

Science.gov (United States)

Downey, Joseph; Downey, James; Reinhart, Richard C.; Evans, Michael Alan; Mortensen, Dale John

2016-01-01

The communications and navigation space infrastructure of the National Aeronautics and Space Administration (NASA) consists of a constellation of relay satellites (called Tracking and Data Relay Satellites (TDRS)) and a global set of ground stations to receive and deliver data to researchers around the world from mission spacecraft throughout the solar system. Planning is underway to enhance and transform the infrastructure over the coming decade. Key to the upgrade will be the simultaneous and efficient use of relay transponders to minimize cost and operations while supporting science and exploration spacecraft. Efficient use of transponders necessitates bandwidth efficient communications to best use and maximize data throughput within the allocated spectrum. Experiments conducted with NASA's Space Communication and Navigation (SCaN) Testbed on the International Space Station provides a unique opportunity to evaluate advanced communication techniques, such as bandwidth-efficient modulations, in an operational flight system. Demonstrations of these new techniques in realistic flight conditions provides critical experience and reduces the risk of using these techniques in future missions. Efficient use of spectrum is enabled by using high-order modulations coupled with efficient forward error correction codes. This paper presents a high-rate, bandwidth-efficient waveform operating over the 225 MHz Ka-band service of the TDRS System (TDRSS). The testing explores the application of Gaussian Minimum Shift Keying (GMSK), 248-phase shift keying (PSK) and 1632- amplitude PSK (APSK) providing over three bits-per-second-per-Hertz (3 bsHz) modulation combined with various LDPC encoding rates to maximize throughput. With a symbol rate of 200 Mbaud, coded data rates of 1000 Mbps were tested in the laboratory and up to 800 Mbps over the TDRS 225 MHz channel. This paper will present on the high-rate waveform design, channel characteristics, performance results, compensation
Methodology for reliability allocation based on fault tree analysis and dualistic contrast

Institute of Scientific and Technical Information of China (English)

TONG Lili; CAO Xuewu

2008-01-01

Reliability allocation is a difficult multi-objective optimization problem.This paper presents a methodology for reliability allocation that can be applied to determine the reliability characteristics of reactor systems or subsystems.The dualistic contrast,known as one of the most powerful tools for optimization problems,is applied to the reliability allocation model of a typical system in this article.And the fault tree analysis,deemed to be one of the effective methods of reliability analysis,is also adopted.Thus a failure rate allocation model based on the fault tree analysis and dualistic contrast is achieved.An application on the emergency diesel generator in the nuclear power plant is given to illustrate the proposed method.
Report of the work group on modalities of selling and putting up for auction CO2 emission permits in France. Elements related to phase 3

International Nuclear Information System (INIS)

2009-01-01

The first part of this report shows that, despite recurring critics on the current emission permit price, the European market kept on maturing and proved its ability to reflect the evolution of fundamentals into prices. The second part shows that recent foreign experiences in putting up for auction CO 2 emission permits revealed convergencies as far as auction formats are concerned. The third part shows that the economic theory and these empirical experimental results support the idea of uniform auctions with a unique price accompanied with a reserved price. It discusses the evolution perspectives of these sales by auction, outlines that access to auctions should be opened to all industrial and financial actors, and the importance of the modalities of control and regulation of the emission permit market. It finally outlines and discusses the role France could play in the building up of a European platform and in the promotion of strictly harmonised rules
47 CFR 2.202 - Bandwidths.

Science.gov (United States)

2010-10-01

... three numerals and one letter. The letter occupies the position of the decimal point and represents the... quality desired Speech and music, M=4000, Bandwidth: 8000 Hz= 8 kHz 8K00A3E Sound broadcasting, single... desired Speech and music, M=4000, Bandwidth: 4000 Hz= 4 kHz 4K00R3E Sound broadcasting, single-sideband...
Managing high-bandwidth real-time data storage

Energy Technology Data Exchange (ETDEWEB)

Bigelow, David D. [Los Alamos National Laboratory; Brandt, Scott A [Los Alamos National Laboratory; Bent, John M [Los Alamos National Laboratory; Chen, Hsing-Bung [Los Alamos National Laboratory

2009-09-23

There exist certain systems which generate real-time data at high bandwidth, but do not necessarily require the long-term retention of that data in normal conditions. In some cases, the data may not actually be useful, and in others, there may be too much data to permanently retain in long-term storage whether it is useful or not. However, certain portions of the data may be identified as being vitally important from time to time, and must therefore be retained for further analysis or permanent storage without interrupting the ongoing collection of new data. We have developed a system, Mahanaxar, intended to address this problem. It provides quality of service guarantees for incoming real-time data streams and simultaneous access to already-recorded data on a best-effort basis utilizing any spare bandwidth. It has built in mechanisms for reliability and indexing, can scale upwards to meet increasing bandwidth requirements, and handles both small and large data elements equally well. We will show that a prototype version of this system provides better performance than a flat file (traditional filesystem) based version, particularly with regard to quality of service guarantees and hard real-time requirements.
Optimization of Quantum-Dot Molecular Beam Epitaxy for Broad Spectral Bandwidth Devices

KAUST Repository

Majid, Mohammed Abdul

2012-12-01

The optimization of the key growth parameters for broad spectral bandwidth devices based on quantum dots is reported. A combination of atomic force microscopy, photoluminescence of test samples, and optoelectronic characterization of superluminescent diodes (SLDs) is used to optimize the growth conditions to obtain high-quality devices with large spectral bandwidth, radiative efficiency (due to a reduced defective-dot density), and thus output power. The defective-dot density is highlighted as being responsible for the degradation of device performance. An SLD device with 160 nm of bandwidth centered at 1230 nm is demonstrated.
Optimization of Quantum-Dot Molecular Beam Epitaxy for Broad Spectral Bandwidth Devices

KAUST Repository

Majid, Mohammed Abdul; Hugues, M.; Vézian, S.; Childs, D. T. D.; Hogg, R. A.

2012-01-01

The optimization of the key growth parameters for broad spectral bandwidth devices based on quantum dots is reported. A combination of atomic force microscopy, photoluminescence of test samples, and optoelectronic characterization of superluminescent diodes (SLDs) is used to optimize the growth conditions to obtain high-quality devices with large spectral bandwidth, radiative efficiency (due to a reduced defective-dot density), and thus output power. The defective-dot density is highlighted as being responsible for the degradation of device performance. An SLD device with 160 nm of bandwidth centered at 1230 nm is demonstrated.
SDNManager: A Safeguard Architecture for SDN DoS Attacks Based on Bandwidth Prediction

Directory of Open Access Journals (Sweden)

Tao Wang

2018-01-01

Full Text Available Software-Defined Networking (SDN has quickly emerged as a promising technology for future networks and gained much attention. However, the centralized nature of SDN makes the system vulnerable to denial-of-services (DoS attacks, especially for the currently widely deployed multicontroller system. Due to DoS attacks, SDN multicontroller model may additionally face the risk of the cascading failures of controllers. In this paper, we propose SDNManager, a lightweight and fast denial-of-service detection and mitigation system for SDN. It has five components: monitor, forecast engine, checker, updater, and storage service. It typically follows a control loop of reading flow statistics, forecasting flow bandwidth changes based on the statistics, and accordingly updating the network. It is worth noting that the forecast engine employs a novel dynamic time-series (DTS model which greatly improves bandwidth prediction accuracy. What is more, to further optimize the defense effect, we also propose a controller dynamic scheduling strategy to ensure the global network state optimization and improve the defense efficiency. We evaluate SDNManager through a prototype implementation tested in a real SDN network environment. The results show that SDNManager is effective with adding only a minor overhead into the entire SDN/OpenFlow infrastructure.
Investing EU ETS auction revenues into energy savings

Energy Technology Data Exchange (ETDEWEB)

Sijm, J.P.M.; Boonekamp, P.G.M. [ECN Policy Studies, Petten (Netherlands); Summerton, P.; Pollitt, H.; Billington, S. [Cambridge Econometrics CE, Cambridge (United Kingdom)

2013-05-15

The overall objective of this study is to analyse the effects of using EU ETS auction revenues to stimulate investments in energy savings in three key target sectors, i.e. Households, Tertiary and Industry (including both ETS and non-ETS industrial installations). The scenarios used refer basically to the situation before the recent agreement on the Energy Efficiency Directive (EED) and include (a mixture of) different policy options to enhance energy savings in the target sectors, in particular (1) reducing the ETS cap, (2) introducing an Energy Efficiency Obligation (EEO) for energy suppliers or distributors, and/or (3) using ETS auction revenues to support additional (private) investments in raising energy efficiency. In order to meet this objective a variety of different policy scenarios have been defined and analysed by means of the 'Energy-Environment-Economy Model for Europe (E3ME)'. The study presents and discusses a large variety of scenario modelling results by the year 2020 at the EU27 level. These results refer to, among others, energy savings, GHG emissions, the ETS carbon price, household electricity bills and to changes in some macro- or socio-economic outcomes such as GDP, inflation, employment or international trade. Finally, the study discusses some policy findings and implications, including options to enhance the effectiveness of some EE policies, in particular those having a potential adverse effect on the ETS carbon price.
Controlling Laser Plasma Instabilities Using Temporal Bandwidth

Science.gov (United States)

Tsung, Frank; Weaver, J.; Lehmberg, R.

2016-10-01

We are performing particle-in-cell simulations using the code OSIRIS to study the effects of laser plasma interactions in the presence of temporal bandwidth under conditions relevant to current and future experiments on the NIKE laser. Our simulations show that, for sufficiently large bandwidth (where the inverse bandwidth is comparable with the linear growth time), the saturation level, and the distribution of hot electrons, can be effected by the addition of temporal bandwidths (which can be accomplished in experiments using beam smoothing techniques such as ISI). We will quantify these effects and investigate higher dimensional effects such as laser speckles. This work is supported by DOE and NRL.
CVM-X: Calibrating contingent values with experimental auction markets

International Nuclear Information System (INIS)

Fox, J.A.; Shogren, J.F.; Hayes, D.J.; Kliebenstein, J.B.

1998-01-01

We design and implement a method, CVM-X, to calibrate hypothetical survey values using experimental auction markets. We test the procedure using consumer willingness-to-pay for irradiated/nonirradiated meat. Our results show that calibration factors for those who favor the irradiation process (0.67-0.69) are less severe than for those with an initial dislike of the process (0.55-0.59), suggesting that calibration may be commodity specific

Estimating Bandwidth Requirements using Flow-level Measurements

NARCIS (Netherlands)

Bruyère, P.; de Oliveira Schmidt, R.; Sperotto, Anna; Sadre, R.; Pras, Aiko

Bandwidth provisioning is an important task of network management and it is done aiming to meet desired levels of quality of service. Current practices of provisioning are mostly based on rules-of-thumb and use coarse traffic measurements that may lead to problems of under and over dimensioning of
Open-Loop Wide-Bandwidth Phase Modulation Techniques

Directory of Open Access Journals (Sweden)

Nitin Nidhi

2011-01-01

Full Text Available The ever-increasing growth in the bandwidth of wireless communication channels requires the transmitter to be wide-bandwidth and power-efficient. Polar and outphasing transmitter topologies are two promising candidates for such applications, in future. Both these architectures require a wide-bandwidth phase modulator. Open-loop phase modulation presents a viable solution for achieving wide-bandwidth operation. An overview of prior art and recent approaches for phase modulation is presented in this paper. Phase quantization noise cancellation was recently introduced to lower the out-of-band noise in a digital phase modulator. A detailed analysis on the impact of timing and quantization of the cancellation signal is presented. Noise generated by the transmitter in the receive band frequency poses another challenge for wide-bandwidth transmitter design. Addition of a noise transfer function notch, in a digital phase modulator, to reduce the noise in the receive band during phase modulation is described in this paper.
Reciprocity in Online Markets: Empirical Studies of Auction and Barter Markets

Science.gov (United States)

Ye, Shun

2013-01-01

My dissertation seeks to understand how reciprocity affects transaction outcomes and mechanism design in online markets. The first essay examines negative reciprocity illustrated as feedback-revoking behavior in the eBay auction market, focusing on its impact and implications for reputation system design. I utilize the biggest policy change of…
BMCloud: Minimizing Repair Bandwidth and Maintenance Cost in Cloud Storage

Directory of Open Access Journals (Sweden)

Chao Yin

2013-01-01

Full Text Available To protect data in cloud storage, fault tolerance and efficient recovery become very important. Recent studies have developed numerous solutions based on erasure code techniques to solve this problem using functional repairs. However, there are two limitations to address. The first one is consistency since the Encoding Matrix (EM is different among clouds. The other one is repairing bandwidth, which is a concern for most of us. We addressed these two problems from both theoretical and practical perspectives. We developed BMCloud, a new low repair bandwidth, low maintenance cost cloud storage system, which aims to reduce repair bandwidth and maintenance cost. The system employs both functional repair and exact repair while it inherits advantages from the both. We propose the JUDGE_STYLE algorithm, which can judge whether the system should adopt exact repair or functional repair. We implemented a networked storage system prototype and demonstrated our findings. Compared with existing solutions, BMCloud can be used in engineering to save repair bandwidth and degrade maintenance significantly.
Fluid limits for Bandwidth-Sharing Networks with Impatience.

NARCIS (Netherlands)

Remerova, M.; Reed, J.; Zwart, A.P.

2014-01-01

Bandwidth-sharing networks as introduced by Roberts and Massoulié [Roberts JW, Massoulié L (1998) Bandwidth sharing and admission control for elastic traffic. Proc. ITC Specialist Seminar, Yokohama, Japan], Massoulié and Roberts [Massoulié L, Roberts JW (1999) Bandwidth sharing: Objectives and
Regime-Based Versus Static Asset Allocation: Letting the Data Speak

DEFF Research Database (Denmark)

Nystrup, Peter; Hansen, Bo William; Madsen, Henrik

2015-01-01

Regime shifts present a big challenge to traditional strategic asset allocation. This article investigates whether regimebased asset allocation can effectively respond to changes in financial regimes at the portfolio level, in an effort to provide better long-term results than more static...... approaches can offer. The authors center their regime-based approach around a regime-switching model with time-varying parameters that can match financial markets’ tendency to change behavior abruptly and the fact that the new behavior often persists for several periods after a change. In an asset universe...
Using Experimental Auctions to Examine Demand for E-Cigarettes.

Science.gov (United States)

O'Connor, Richard; Rousu, Matthew C; Bansal-Travers, Maansi; Vogl, Lisa; Corrigan, Jay R

2017-06-01

E-cigarettes are the latest in a line of potentially reduced exposure products that have garnered interest among smokers. In this paper, we use experimental auctions to estimate smokers' demand for e-cigarettes and to assess the impact of advertisements on willingness to pay. These are actual auctions, with winners and losers, which means hypothetical biases often seen in surveys are minimized. We find smokers have positive demand for e-cigarettes, and that the print advertisements used in our study had greater effectiveness than video ads (b = 2.00, p e-cigarettes. Demand was greater for reusable versus disposable e-cigarettes. In multivariate models, demand for e-cigarettes was higher among non-white participants and among smokers willing to pay more for cigarettes. Our findings suggest that cigarette smokers are interested in e-cigarettes as alternatives to traditional products, particularly for reusable forms, and that this demand can be influenced by messaging/advertising. Given these reduced harm products are appealing, if smokers are able to switch completely to e-cigarettes, there is a good chance for accrual of significant harm reduction. © The Author 2016. Published by Oxford University Press on behalf of the Society for Research on Nicotine and Tobacco. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.
Directing Traffic: Managing Internet Bandwidth Fairly

Science.gov (United States)

Paine, Thomas A.; Griggs, Tyler J.

2008-01-01

Educational institutions today face budgetary restraints and scarce resources, complicating the decision of how to allot bandwidth for campus network users. Additionally, campus concerns over peer-to-peer networking (specifically outbound Internet traffic) have increased because of bandwidth and copyright issues. In this article, the authors…
A scheme to expand the delay-bandwidth product in the resonator-based delay lines by optical OFDM technique

DEFF Research Database (Denmark)

Zhu, Jiangbo; Tao, Li; Zhang, Ziran

2013-01-01

We propose a novel scheme to expand the inherent limit in the product of the optical delay and the transmission bandwidth in resonator-based delay lines, with the optical orthogonal frequency division multiplexing (OOFDM) technique. The optical group delay properties of a single ring resonator we...
Statistical mechanics of budget-constrained auctions

International Nuclear Information System (INIS)

Altarelli, F; Braunstein, A; Realpe-Gomez, J; Zecchina, R

2009-01-01

Finding the optimal assignment in budget-constrained auctions is a combinatorial optimization problem with many important applications, a notable example being in the sale of advertisement space by search engines (in this context the problem is often referred to as the off-line AdWords problem). On the basis of the cavity method of statistical mechanics, we introduce a message-passing algorithm that is capable of solving efficiently random instances of the problem extracted from a natural distribution, and we derive from its properties the phase diagram of the problem. As the control parameter (average value of the budgets) is varied, we find two phase transitions delimiting a region in which long-range correlations arise
Statistical mechanics of budget-constrained auctions

Science.gov (United States)

Altarelli, F.; Braunstein, A.; Realpe-Gomez, J.; Zecchina, R.

2009-07-01

Finding the optimal assignment in budget-constrained auctions is a combinatorial optimization problem with many important applications, a notable example being in the sale of advertisement space by search engines (in this context the problem is often referred to as the off-line AdWords problem). On the basis of the cavity method of statistical mechanics, we introduce a message-passing algorithm that is capable of solving efficiently random instances of the problem extracted from a natural distribution, and we derive from its properties the phase diagram of the problem. As the control parameter (average value of the budgets) is varied, we find two phase transitions delimiting a region in which long-range correlations arise.
Hybrid Optimization-Based Approach for Multiple Intelligent Vehicles Requests Allocation

Directory of Open Access Journals (Sweden)

Ahmed Hussein

2018-01-01

Full Text Available Self-driving cars are attracting significant attention during the last few years, which makes the technology advances jump fast and reach a point of having a number of automated vehicles on the roads. Therefore, the necessity of cooperative driving for these automated vehicles is exponentially increasing. One of the main issues in the cooperative driving world is the Multirobot Task Allocation (MRTA problem. This paper addresses the MRTA problem, specifically for the problem of vehicles and requests allocation. The objective is to introduce a hybrid optimization-based approach to solve the problem of multiple intelligent vehicles requests allocation as an instance of MRTA problem, to find not only a feasible solution, but also an optimized one as per the objective function. Several test scenarios were implemented in order to evaluate the efficiency of the proposed approach. These scenarios are based on well-known benchmarks; thus a comparative study is conducted between the obtained results and the suboptimal results. The analysis of the experimental results shows that the proposed approach was successful in handling various scenarios, especially with the increasing number of vehicles and requests, which displays the proposed approach efficiency and performance.
31 CFR 356.20 - How does the Treasury determine auction awards?

Science.gov (United States)

2010-07-01

... yields or discount rates through successively higher yields or discount rates, up to the amount required... discount rate as described below. If the amount of noncompetitive bids would absorb most or all of the... the yield or discount rate for the securities we are auctioning. (2) Accepting bids at the high yield...
Robustness and Actuator Bandwidth of MRP-Based Sliding Mode Control for Spacecraft Attitude Control Problems

Science.gov (United States)

Keum, Jung-Hoon; Ra, Sung-Woong

2009-12-01

Nonlinear sliding surface design in variable structure systems for spacecraft attitude control problems is studied. A robustness analysis is performed for regular form of system, and calculation of actuator bandwidth is presented by reviewing sliding surface dynamics. To achieve non-singular attitude description and minimal parameterization, spacecraft attitude control problems are considered based on modified Rodrigues parameters (MRP). It is shown that the derived controller ensures the sliding motion in pre-determined region irrespective of unmodeled effects and disturbances.
An Enhanced OFDM Resource Allocation Algorithm in C-RAN Based 5G Public Safety Network

Directory of Open Access Journals (Sweden)

Lei Feng

2016-01-01

Full Text Available Public Safety Network (PSN is the network for critical communication when disaster occurs. As a key technology in 5G, Cloud-Radio Access Network (C-RAN can play an important role in PSN instead of LTE-based RAN. This paper firstly introduces C-RAN based PSN architecture and models the OFDM resource allocation problem in C-RAN based PSN as an integer quadratic programming, which allows the trade-off between expected bitrates and allocating fairness of PSN Service User (PSU. However, C-RAN based PSN needs to improve the efficiency of allocating algorithm because of a mass of PSU-RRH associations when disaster occurs. To deal with it, the resources allocating problem with integer variables is relaxed into one with continuous variables in the first step and an algorithm based on Generalized Bender’s Decomposition (GBD is proposed to solve it. Then we use Feasible Pump (FP method to get a feasible integer solution on the original OFDM resources allocation problem. The final experiments show the total throughput achieved by C-RAN based PSN is at most higher by 19.17% than the LTE-based one. And the average computational time of the proposed GBD and FP algorithm is at most lower than Barrier by 51.5% and GBD with no relaxation by 30.1%, respectively.
Road Traffic Congestion Management Based on a Search-Allocation Approach

Directory of Open Access Journals (Sweden)

Raiyn Jamal

2017-03-01

Full Text Available This paper introduces a new scheme for road traffic management in smart cities, aimed at reducing road traffic congestion. The scheme is based on a combination of searching, updating, and allocation techniques (SUA. An SUA approach is proposed to reduce the processing time for forecasting the conditions of all road sections in real-time, which is typically considerable and complex. It searches for the shortest route based on historical observations, then computes travel time forecasts based on vehicular location in real-time. Using updated information, which includes travel time forecasts and accident forecasts, the vehicle is allocated the appropriate section. The novelty of the SUA scheme lies in its updating of vehicles in every time to reduce traffic congestion. Furthermore, the SUA approach supports autonomy and management by self-regulation, which recommends its use in smart cities that support internet of things (IoT technologies.
See Art History in a New Light: Have an Art Auction

Science.gov (United States)

Benter, Doris J.

2008-01-01

At Portledge School in Locust Valley, New York, ninth graders in their upper school study art history for one semester. The visual arts department has created a vigorous new syllabus culminating in an hour-long mock art auction. The department selects several art movements (e.g., Post-Impressionism, Cubism, Abstract Expressionism, Social Realism,…
Small-vessel Survey and Auction Sampling to Estimate Growth and Maturity of Eteline Snappers

Data.gov (United States)

National Oceanic and Atmospheric Administration, Department of Commerce — Small-vessel Survey and Auction Sampling to Estimate Growth and Maturity of Eteline Snappers and Improve Data-Limited Stock Assessments. This biosampling project...
The impact of product information and trials on demand for smokeless tobacco and cigarettes: evidence from experimental auctions.

Science.gov (United States)

Rousu, Matthew C; O'Connor, Richard J; Thrasher, James F; June, Kristie M; Bansal-Travers, Maansi; Pitcavage, James

2014-03-01

Epidemiological and toxicological evidence suggests lower risk of smokeless tobacco (ST) products compared to cigarettes. Less is known, however, about consumer perceptions and use of novel forms of ST, including snus and dissolvable tobacco. In this study, we conducted in-person experimental auctions in Buffalo, NY, Columbia, SC, and Selinsgrove, PA with 571 smokers to test the impact of information and product trials on smokers' preferences. Auctions were conducted between November 2010-November 2011. We found no evidence of an impact of product trials on demand in our auctions. Anti-ST information increased demand for cigarettes when presented alone, but when presented with pro-ST information it decreased demand for cigarettes. It did not decrease demand for ST products. Anti-smoking information increased demand for ST products, but did not affect cigarette demand. These findings suggest that credible and effective communications about tobacco harm reduction should reinforce the negative effects of smoking. Copyright © 2013 Elsevier Inc. All rights reserved.
High-bandwidth memory interface

CERN Document Server

Kim, Chulwoo; Song, Junyoung

2014-01-01

This book provides an overview of recent advances in memory interface design at both the architecture and circuit levels. Coverage includes signal integrity and testing, TSV interface, high-speed serial interface including equalization, ODT, pre-emphasis, wide I/O interface including crosstalk, skew cancellation, and clock generation and distribution. Trends for further bandwidth enhancement are also covered. • Enables readers with minimal background in memory design to understand the basics of high-bandwidth memory interface design; • Presents state-of-the-art techniques for memory interface design; • Covers memory interface design at both the circuit level and system architecture level.

Bandwidth Optimization On Design Of Visual Display Information System Based Networking At Politeknik Negeri Bali

Science.gov (United States)

Sudiartha, IKG; Catur Bawa, IGNB

2018-01-01

Information can not be separated from the social life of the community, especially in the world of education. One of the information fields is academic calendar information, activity agenda, announcement and campus activity news. In line with technological developments, text-based information is becoming obsolete. For that need creativity to present information more quickly, accurately and interesting by exploiting the development of digital technology and internet. In this paper will be developed applications for the provision of information in the form of visual display, applied to computer network system with multimedia applications. Network-based applications provide ease in updating data through internet services, attractive presentations with multimedia support. The application “Networking Visual Display Information Unit” can be used as a medium that provides information services for students and academic employee more interesting and ease in updating information than the bulletin board. The information presented in the form of Running Text, Latest Information, Agenda, Academic Calendar and Video provide an interesting presentation and in line with technological developments at the Politeknik Negeri Bali. Through this research is expected to create software “Networking Visual Display Information Unit” with optimal bandwidth usage by combining local data sources and data through the network. This research produces visual display design with optimal bandwidth usage and application in the form of supporting software.
Raman scheme for adjustable-bandwidth quantum memory

International Nuclear Information System (INIS)

Le Goueet, J.-L.; Berman, P. R.

2009-01-01

We propose a scenario of quantum memory for light based on Raman scattering. The storage medium is a vapor and the different spectral components of the input pulse are stored in different atomic velocity classes. One uses appropriate pulses to reverse the resulting Doppler phase shift and to regenerate the input pulse, without distortion, in the backward direction. The different stages of the protocol are detailed and the recovery efficiency is calculated in the semiclassical picture. Since the memory bandwidth is determined by the Raman transition Doppler width, it can be adjusted by changing the angle between the input pulse wave vector and the control beams. The optical depth also depends on the beam angle. As a consequence the available optical depth can be optimized depending on the needed bandwidth. The predicted recovery efficiency is close to 100% for large optical depth.
Evaluating the impacts of farmers' behaviors on a hypothetical agricultural water market based on double auction

Science.gov (United States)

Du, Erhu; Cai, Ximing; Brozović, Nicholas; Minsker, Barbara

2017-05-01

Agricultural water markets are considered effective instruments to mitigate the impacts of water scarcity and to increase crop production. However, previous studies have limited understanding of how farmers' behaviors affect the performance of water markets. This study develops an agent-based model to explicitly incorporate farmers' behaviors, namely irrigation behavior (represented by farmers' sensitivity to soil water deficit λ) and bidding behavior (represented by farmers' rent seeking μ and learning rate β), in a hypothetical water market based on a double auction. The model is applied to the Guadalupe River Basin in Texas to simulate a hypothetical agricultural water market under various hydrological conditions. It is found that the joint impacts of the behavioral parameters on the water market are strong and complex. In particular, among the three behavioral parameters, λ affects the water market potential and its impacts on the performance of the water market are significant under most scenarios. The impacts of μ or β on the performance of the water market depend on the other two parameters. The water market could significantly increase crop production only when the following conditions are satisfied: (1) λ is small and (2) μ is small and/or β is large. The first condition requires efficient irrigation scheduling, and the second requires well-developed water market institutions that provide incentives to bid true valuation of water permits.
Resource allocation in smart homes based on Banker's algorithm

NARCIS (Netherlands)

Virag, A.; Bogdan, S.

2011-01-01

This paper proposes a method for improved energy management in smart homes by means of resource allocation. For this purpose, a Banker's algorithm based strategy has been developed. It is used to control the system and decide which of the given processes should be provided with resources at the
Bandwidth Assessment for MultiRotor UAVs

Directory of Open Access Journals (Sweden)

Ferrarese Gastone

2017-06-01

Full Text Available This paper is a technical note about the theoretical evaluation of the bandwidth of multirotor helicopters. Starting from a mathematical linear model of the dynamics of a multirotor aircraft, the transfer functions of the state variables that deeply affect the stability characteristics of the aircraft are obtained. From these transfer functions, the frequency response analysis of the system is effected. After this analysis, the bandwidth of the system is defined. This result is immediately utilized for the design of discrete PID controllers for hovering flight stabilization. Numeric simulations are shown to demonstrate that the knowledge of the bandwidth is a valid aid in the design of flight control systems of these machines.
A formulation of combinatorial auction via reverse convex programming

Directory of Open Access Journals (Sweden)

Henry Schellhorn

2005-01-01

of this problem, where orders are aggregated and integrality constraints are relaxed. It was proved that this problem could be solved efficiently in two steps by calculating two fixed points, first the fixed point of a contraction mapping, and then of a set-valued function. In this paper, we generalize the problem to incorporate constraints on maximum price changes between two auction rounds. This generalized problem cannot be solved by the aforementioned methods and necessitates reverse convex programming techniques.
Implicit price of mussel characteristics in the auction market

DEFF Research Database (Denmark)

Nguyen, Thong Tien

2012-01-01

This study explores desired and undesired characteristics of mussels in wholesale market by applying hedonic price analysis. Transaction data in auction market in Yerseke, the Netherlands, was used to estimate linear and semi-log price models. Meat content and size count, which are measured...... of raw mussels are significant discounting factors on the price. The study also investigates the impact of farming locations and seasons on the price and the price trend during the period of 2002–2009....
Varying the number of bidders in the first-price sealed-bid auction: experimental evidence for the one-shot game

OpenAIRE

Tibor Neugebauer; Sascha F llbrunn

2013-01-01

The paper reports experimental data on the behavior in the first-price sealed-bid auction for a varying number of bidders when values and bids are private information. This feedback-free design is proposed for the experimental test of the one-shot game situation. We consider both within-subject and betweensubjects variations. In line with the qualitative risk neutral Nash equilibrium prediction, the data show that bids increase in the number of bidders. However, in auctions involving a small ...
Impact of Carbon Quota Allocation Mechanism on Emissions Trading: An Agent-Based Simulation

Directory of Open Access Journals (Sweden)

Wei Jiang

2016-08-01

Full Text Available This paper establishes an agent-based simulation system of the carbon emissions trading in accordance with the complex feature of the trading process. This system analyzes the impact of the carbon quota allocation mechanism on emissions trading for three different aspects including the amount of emissions reduction, the economic effect on the emitters, and the emissions reduction cost. Based on the data of the carbon emissions of different industries in China, several simulations were made. The results indicate that the emissions trading policy can effectively reduce carbon emissions in a perfectly competitive market. Moreover, by comparing separate quota allocation mechanisms, we obtain the result that the scheme with a small extent quota decrease in a comprehensive allocation mechanism can minimize the unit carbon emission cost. Implementing this scheme can also achieve minimal effects of carbon emissions limitation on the economy on the basis that the environment is not destroyed. However, excessive quota decrease cannot promote the emitters to reduce emission. Taking into account that several developing countries have the dual task of limiting carbon emissions and developing the economy, it is necessary to adopt a comprehensive allocation mechanism of the carbon quota and increase the initial proportion of free allocation.
Auction dynamics: A volume constrained MBO scheme

Science.gov (United States)

Jacobs, Matt; Merkurjev, Ekaterina; Esedoǧlu, Selim

2018-02-01

We show how auction algorithms, originally developed for the assignment problem, can be utilized in Merriman, Bence, and Osher's threshold dynamics scheme to simulate multi-phase motion by mean curvature in the presence of equality and inequality volume constraints on the individual phases. The resulting algorithms are highly efficient and robust, and can be used in simulations ranging from minimal partition problems in Euclidean space to semi-supervised machine learning via clustering on graphs. In the case of the latter application, numerous experimental results on benchmark machine learning datasets show that our approach exceeds the performance of current state-of-the-art methods, while requiring a fraction of the computation time.
Allocation base of general production costs as optimization of prime costs

Directory of Open Access Journals (Sweden)

Levytska I.O.

2017-03-01

Full Text Available Qualified management aimed at optimizing financial results is the key factor in today's society. Effective management decisions depend on the necessary information about the costs of production process in all its aspects – their structure, types, accounting policies of reflecting costs. General production costs, the so-called indirect costs that are not directly related to the production process, but provide its functioning in terms of supporting structural divisions and create the necessary conditions of production, play a significant role in calculating prime costs of goods (works, services. However, the accurate estimate of prime costs of goods (works, services should be determined with the value of indirect costs (in other words, general production costs, and properly determined with the base of their allocation. The choice of allocation base of general production costs is the significant moment, depending on the nature of business, which must guarantee fair distribution regarding to the largest share of direct expenses in the total structure of production costs. The study finds the essence of general production costs based on the analysis of key definitions of leading Ukrainian economists. The optimal allocation approach of general production costs is to calculate these costs as direct production costs within each subsidiary division (department separately without selecting a base as the main one to the their total amount.
Physically Connected Stacked Patch Antenna Design with 100% Bandwidth

KAUST Repository

Klionovski, Kirill; Shamim, Atif

2017-01-01

Typically, stacked patch antennas are parasitically coupled and provide larger bandwidth than a single patch antenna. Here, we show a stacked patch antenna design where square patches with semi-circular cutouts are physically connected to each other. This arrangement provides 100% bandwidth from 23.9–72.2 GHz with consistent high gain (5 dBi or more) across the entire bandwidth. In another variation, a single patch loaded with a superstrate provides 83.5% bandwidth from 25.6–62.3 GHz. The mechanism of bandwidth enhancement is explained through electromagnetic simulations. Measured reflection coefficient, radiation patterns and gain results confirm the extremely wideband performance of the design.
Physically Connected Stacked Patch Antenna Design with 100% Bandwidth

KAUST Repository

Klionovski, Kirill

2017-11-01

Typically, stacked patch antennas are parasitically coupled and provide larger bandwidth than a single patch antenna. Here, we show a stacked patch antenna design where square patches with semi-circular cutouts are physically connected to each other. This arrangement provides 100% bandwidth from 23.9–72.2 GHz with consistent high gain (5 dBi or more) across the entire bandwidth. In another variation, a single patch loaded with a superstrate provides 83.5% bandwidth from 25.6–62.3 GHz. The mechanism of bandwidth enhancement is explained through electromagnetic simulations. Measured reflection coefficient, radiation patterns and gain results confirm the extremely wideband performance of the design.
Model-Based Evaluation Of System Scalability: Bandwidth Analysis For Smartphone-Based Biosensing Applications

DEFF Research Database (Denmark)

Patou, François; Madsen, Jan; Dimaki, Maria

2016-01-01

Scalability is a design principle often valued for the engineering of complex systems. Scalability is the ability of a system to change the current value of one of its specification parameters. Although targeted frameworks are available for the evaluation of scalability for specific digital systems...... re-engineering of 5 independent system modules, from the replacement of a wireless Bluetooth interface, to the revision of the ADC sample-and-hold operation could help increase system bandwidth....
Evaluation of PersianCAT Agent's Accepting Policy in Continuous Double Auction, Participant in CAT 2007 Competition

Science.gov (United States)

Honari, Sina; Fos-Hati, Amin; Ebadi, Mojtaba; Gomrokchi, Maziar

As there is a growing tendency towards online auctions, online Multi Agent Systems for economic activities like stock exchanges is more in demand. CAT (CATallactics) competition has produced a great opportunity for researchers since 2007 to put their theories into practice in a real-time economic-based competition, combining traders and brokers. As one of participants, we evaluated our new accepting policy by putting it to challenge. In this paper we give a general overview of one of our policies in the market.
High Dielectric Low Loss Transparent Glass Material Based Dielectric Resonator Antenna with Wide Bandwidth Operation

Science.gov (United States)

Mehmood, Arshad; Zheng, Yuliang; Braun, Hubertus; Hovhannisyan, Martun; Letz, Martin; Jakoby, Rolf

2015-01-01

This paper presents the application of new high permittivity and low loss glass material for antennas. This glass material is transparent. A very simple rectangular dielectric resonator antenna is designed first with a simple microstrip feeding line. In order to widen the bandwidth, the feed of the design is modified by forming a T-shaped feeding. This new design enhanced the bandwidth range to cover the WLAN 5 GHz band completely. The dielectric resonator antenna cut into precise dimensions is placed on the modified microstrip feed line. The design is simple and easy to manufacture and also very compact in size of only 36 × 28 mm. A -10 dB impedance bandwidth of 18% has been achieved, which covers the frequency range from 5.15 GHz to 5.95 GHz. Simulations of the measured return loss and radiation patterns are presented and discussed.
Equity in health care in Namibia: developing a needs-based resource allocation formula using principal components analysis

Directory of Open Access Journals (Sweden)

Mutirua Kauto

2007-03-01

Full Text Available Abstract Background The pace of redressing inequities in the distribution of scarce health care resources in Namibia has been slow. This is due primarily to adherence to the historical incrementalist type of budgeting that has been used to allocate resources. Those regions with high levels of deprivation and relatively greater need for health care resources have been getting less than their fair share. To rectify this situation, which was inherited from the apartheid system, there is a need to develop a needs-based resource allocation mechanism. Methods Principal components analysis was employed to compute asset indices from asset based and health-related variables, using data from the Namibia demographic and health survey of 2000. The asset indices then formed the basis of proposals for regional weights for establishing a needs-based resource allocation formula. Results Comparing the current allocations of public sector health car resources with estimates using a needs based formula showed that regions with higher levels of need currently receive fewer resources than do regions with lower need. Conclusion To address the prevailing inequities in resource allocation, the Ministry of Health and Social Services should abandon the historical incrementalist method of budgeting/resource allocation and adopt a more appropriate allocation mechanism that incorporates measures of need for health care.
Equity in health care in Namibia: developing a needs-based resource allocation formula using principal components analysis.

Science.gov (United States)

Zere, Eyob; Mandlhate, Custodia; Mbeeli, Thomas; Shangula, Kalumbi; Mutirua, Kauto; Kapenambili, William

2007-03-29

The pace of redressing inequities in the distribution of scarce health care resources in Namibia has been slow. This is due primarily to adherence to the historical incrementalist type of budgeting that has been used to allocate resources. Those regions with high levels of deprivation and relatively greater need for health care resources have been getting less than their fair share. To rectify this situation, which was inherited from the apartheid system, there is a need to develop a needs-based resource allocation mechanism. Principal components analysis was employed to compute asset indices from asset based and health-related variables, using data from the Namibia demographic and health survey of 2000. The asset indices then formed the basis of proposals for regional weights for establishing a needs-based resource allocation formula. Comparing the current allocations of public sector health car resources with estimates using a needs based formula showed that regions with higher levels of need currently receive fewer resources than do regions with lower need. To address the prevailing inequities in resource allocation, the Ministry of Health and Social Services should abandon the historical incrementalist method of budgeting/resource allocation and adopt a more appropriate allocation mechanism that incorporates measures of need for health care.
Price computation in electricity auctions with complex rules: An analysis of investment signals

International Nuclear Information System (INIS)

Vazquez, Carlos; Hallack, Michelle; Vazquez, Miguel

2017-01-01

This paper discusses the problem of defining marginal costs when integer variables are present, in the context of short-term power auctions. Most of the proposals for price computation existing in the literature are concerned with short-term competitive equilibrium (generators should not be willing to change the dispatch assigned to them by the auctioneer), which implies operational-cost recovery for all of the generators accepted in the auction. However, this is in general not enough to choose between the different pricing schemes. We propose to include an additional criterion in order to discriminate among different pricing schemes: prices have to be also signals for generation expansion. Using this condition, we arrive to a single solution to the problem of defining prices, where they are computed as the shadow prices of the balance equations in a linear version of the unit commitment problem. Importantly, not every linearization of the unit commitment is valid; we develop the conditions for this linear model to provide adequate investment signals. Compared to other proposals in the literature, our results provide a strong motivation for the pricing scheme and a simple method for price computation. - Highlights: • Pricing proposals in power markets often deal with just accounting-cost recovery. • Including opportunity costs is an additional property required for efficient pricing. • We develop a framework to analyze the pricing proposals found in the literature. • We propose a pricing mechanism to include the costs of short-run integer decisions. • As it includes short-run opportunity costs, it provides efficient long-term signals.
Multi-directional plasmonic surface-wave splitters with full bandwidth isolation

International Nuclear Information System (INIS)

Gao, Zhen; Gao, Fei; Zhang, Baile

2016-01-01

We present a multidirectional plasmonic surface-wave splitter with full bandwidth isolation experimentally based on coupled defect surface modes in a surface-wave photonic crystal. In contrast to conventional plasmonic surface-wave frequency splitters with polaritonic dispersion relations that overlap at low frequencies, this multidirectional plasmonic surface-wave splitter based on coupled defect surface modes can split different frequency bands into different waveguide branches without bandwidth overlap. Transmission spectra and near-field imaging measurements have been implemented in the microwave frequencies to verify the performance of the multidirectional plasmonic surface-wave splitter. This surface wave structure can be used as a plasmonic wavelength-division multiplexer that may find potential applications in the surface-wave integrated circuits from microwave to terahertz frequencies.

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