Multi-attribute resource allocation problems involves the allocation of resources on the basis of several attributes, therefore, the definition of a fairness method for this kind of auctions should be formulated from a multidimensional perspective. Under such point of view, fairness should take into account all the attributes involved in the allocation problem, since focusing in just a single a...

Abstract We study three alternative implementations of the Vickrey (1961) multi-unit demand auction: Vickrey’s original static sealed-bid auction and two dynamic alternatives, with and without public dropout information reported during the auction (Ausubel, 2004). Although implemented by a weaker solution concept, behavior in the dynamic Vickrey auction with the public dropout information comes...

We conducted a large number of controlled continuous double auction experiments to reproduce and stress-test the phenomenon convergence competitive equilibrium under private information with decentralized trading feedback. Our main finding is that across total 104 markets (involving over 1,700 subjects), occurs after handful periods. Initially, however, there an inherent asymmetry favors buyers...

We consider a double-auction mechanism, which was recently proposed in the context of rate allocation mobile data-offloading markets; our mechanism is also applicable to problem bandwidth network slicing markets. Network operators (users) derive benefit from offloading their traffic third party WiFi or femtocell networks (link-suppliers). Link-suppliers experience costs for additional capacity ...

Because of the complexity of decision-making environment, the uncertainty of fuzziness and the uncertainty of grey maybe coexist in the problems of multi-attribute group decision making. In this paper, we study the problems of multi-attribute group decision making with hybrid grey attribute data (the precise values, interval numbers and linguistic fuzzy variables coexist, and each attribute val...