• Economics, Computer Science
  • Published in Information Systems Research 1990
  • DOI:10.1287/isre.1.1.71

Alternative Mechanisms of Allocating Computer Resources Under Queueing Delays

@article{Whang1990AlternativeMO,
  title={Alternative Mechanisms of Allocating Computer Resources Under Queueing Delays},
  author={Seungjin Whang},
  journal={Information Systems Research},
  year={1990},
  volume={1},
  pages={71-88}
}
A theoretical framework is developed in which alternative mechanisms of allocating congestion-prone computer resources are studied and compared. Two—discrete and continuum—models of economies are presented to depict a small and a large economy respectively. Alternative allocation mechanisms are discussed in these two models: (1) the private bargaining approach, (2) allocations attainable through Nash equilibria and (3) the Clarke-Groves tax mechanism in the discrete economy model, and (4… CONTINUE READING