Conference Proceedings

Eighth International Conference on Advances in Social Science, Economics and Management Study SEM

An Iterative Mecahnism for Capacity Transfer among M/M/1 Queueing Systems with Private Information

Author(s) : Xiaoqiang Cai , Yinlian Zeng

Abstract

We study mechanism design problem for capacity transfer among M/M/1 queueing systems with private information. We propose an iterative mechanism, which is shown to simultaneously satisfy strategy-proofness, budget balance, individual rationality, and convergence. Finally, we conduct numerical studies to evaluate the performance of the proposed mechanism.

Conference Title : Eighth International Conference on Advances in Social Science, Economics and Management Study SEM
Conference Date(s) : 23-24, April 2019
Place : Birmingham City University, Birmingham, United Kingdom
No fo Author(s) : 2
DOI : 10.15224/978-1-63248-171-9-02
Page(s) : 7 - 11
Electronic ISBN : 978-1-63248-171-9
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