This paper presents an agent-based simulation approach to estimate the effects of auction parameters on the auction outcomes, and to find an optimal or, at least, close to an optimal infrastructure. In particular, this study intends to study how bidders’ personalities and bidding strategies with other auction parameters affect the closing prices in two auction mechanisms: English and Yankee auc...

Innovation, the lifeline to survival in the telecommunications market, has spurred the telecommunications industry to adopt next-generation SONET/SDH as the most economical and technologically feasible solution for transmitting both voice and data over carrier networks. According to Marian Stasney, a Yankee Group senior analyst, “As bandwidth demand increases or equipment becomes obsolete in me...