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Auction Based Models for Ticket Allocation Problem in IT Service Delivery Industry

Prasad M. Deshpande, Dinesh Garg, N. Rama Suri
2008 2008 IEEE International Conference on Services Computing  
In this paper, we study the service request (ticket) allocation problem which arises in every IT service delivery organization. We refer to this problem as Ticket Allocation Problem (TAP).  ...  Through simulation experiments, we show that the auction based pull model results in higher efficiency than the push model.  ...  Ticket Allocation Problem (TAP) In a typical IT service delivery organization, a significant fraction of the technical staff is engaged in operational services such as: IT infrastructure management services  ... 
doi:10.1109/scc.2008.83 dblp:conf/IEEEscc/DeshpandeGS08 fatcat:jwd6irdmgvfjnckuhz377jx4pe

Emerging Pricing Strategies on the Web: Lessons from the Airline Industry

KLEIN STEFAN, LOEBBECKE CLAUDIA
2003 Electronic Markets  
It puts a particular focus on airline ticket sales based in a setting of structural changes in the airline industry and changing customer behaviour.  ...  for services (versioning) - Web easyJet/ No-frills airlines, discounts for online booking (versioning) Lufthansa: Web-based ticket auction Ricardo.de, Skyauction.com: travel auctions Travelbids  ... 
doi:10.1080/1019678032000052943 fatcat:rrw4u4wh3nhx3dn7g22lcnhp3u

Iterative Combinatorial Auction for Carrier Collaboration in Logistics Services

Hamidreza Mehrizi, Chun Wang
2013 2013 IEEE International Conference on Systems, Man, and Cybernetics  
In this thesis, we propose an auction-based model for carrier collaboration in transportation services.  ...  We first present a centralized carrier collaboration problem model in which a central entity has all required information to compute an optimal solution.  ...  In chapter 4, we proposed a practical auction -based CCP model for decentralized framework.  ... 
doi:10.1109/smc.2013.482 dblp:conf/smc/MehriziW13 fatcat:aihk7pee7jcutgocid5wh5ciry

E-Commerce and Operations Research in Airline Planning, Marketing, and Distribution

Barry C. Smith, Dirk P. Günther, B. Venkateshwara Rao, Richard M. Ratlife
2001 Interfaces  
The availability of reliable, low-cost communications via the Internet is not only providing new modeling challenges within the airline industry, but it is also providing similar opportunities in other  ...  This environment provided unprecedented opportunity for operations research (OR) modeling.  ...  Acknowledgements We are grateful to Arthur Geoffrion, Ramayya Krishnan, and four anonymous referees for their thoughtful and extensive comments that led to major improvements of the  ... 
doi:10.1287/inte.31.2.37.10627 fatcat:axt4xiux75dkxldrus7rocwxii

Applications of flexible pricing in business-to-business electronic commerce

M. Bichler, J. Kalagnanam, K. Katircioglu, A. J. King, R. D. Lawrence, H. S. Lee, G. Y. Lin, Y. Lu
2002 IBM Systems Journal  
Acknowledgments The following colleagues have contributed to the projects discussed in this paper: Harriet Cao, Andrew Davenport, Markus Ettl, Roger Gung, Vijay Iyengar, Yunhee Jang, Juhnyoung Lee, and  ...  the terms of an exchange of something for money can reasonably be characterized as an auction. 10 An auction clears when it commands an allocation based on the bids it has received.  ...  The solution approach is based on modeling the problem as a variation of the multiple choice knapsack problem. 29 The volume discount auctions lead to a mixed integer linear program with continuous variables  ... 
doi:10.1147/sj.412.0287 fatcat:qqdhtksu4nfgtlflkp2xgzoweu

A Dynamic Pricing Model for Unifying Programmatic Guarantee and Real-Time Bidding in Display Advertising

Bowei Chen, Shuai Yuan, Jun Wang
2014 Proceedings of 20th ACM SIGKDD Conference on Knowledge Discovery and Data Mining - ADKDD'14  
This paper proposes a mathematical model that allocates and prices the future impressions between real-time auctions and guaranteed contracts.  ...  We evaluate our method with RTB datasets and find that the model adopts different strategies in allocation and pricing according to the level of competition.  ...  The same allocation problem is discussed in [4] by using stochastic control models.  ... 
doi:10.1145/2648584.2648585 dblp:conf/kdd/ChenYW14 fatcat:74eewdsp25gilj7aufipwn2l3e

On the tradeoff between privacy and efficiency: A bidding mechanism for scheduling non-commercial services

Chun Wang, Farnaz Dargahi, Mohammad Fozlul Haque Bhuiyan
2012 Computers in industry (Print)  
In this paper, we present a bidding-based mechanism which aims at generating high quality schedules and, at the same time, protecting customers' privacy.  ...  We show that, under the proposed bidding procedure, myopic bidding is the dominant strategy for customers.  ...  However, in non-commercial services industries, such as scientific facility services, government services and healthcare services, for social economic and political reasons, service providers cannot use  ... 
doi:10.1016/j.compind.2012.01.012 fatcat:2dtc6e3dnjexnkg5c2gxgsysaq

Market Segmentation Within Consolidated E-Markets: A Generalized Combinatorial Auction Approach

Joni L. Jones, Robert F. Easley, Gary J. Koehler
2006 Journal of Management Information Systems  
market for airline tickets.  ...  In the prime-time advertising market modeled in our auctions, when demand is highly constrained, it is more difficult to determine an allocation of capacity, thus buyers willing to loosen constraints should  ... 
doi:10.2753/mis0742-1222230105 fatcat:fz6tepv3zrdsvarrjlhvqi5xhq

Coalition Formation and Combinatorial Auctions; Applications to Self-organization and Self-management in Utility Computing [article]

Dan C. Marinescu and Ashkan Paya and John P. Morrison
2015 arXiv   pre-print
The clock phase supports price discovery; in the second phase a proxy conducts multiple rounds of a combinatorial auction for the package of services requested by each client.  ...  The first stage exploits spatial locality for the formation of coalitions of supply agents; the second stage, a combinatorial auction, is based on a modified proxy-based clock algorithm and has two phases  ...  A Reservation System Based on a Combinatorial Auction Protocol The protocol introduced in this section targets primarily the IaaS cloud delivery model represented by Amazon Web Services (AWS).  ... 
arXiv:1406.7487v3 fatcat:3lxe4zmlnvh2vi3oi7yvfy7gom

Mobile Internet Travel Cloud Computing Data Prediction Algorithm Research

Lianlei Fan, Shuguang Fu
2012 International Journal of Grid and Distributed Computing  
tourist attractions , through the real data of tourist arrivals, traffic load data, according to the computing resources of mobile Internet, and the data on the travel data mining algorithms to predict , in  ...  order to achieve tourism management ; this article aim at mobile Internet cloud computing resource allocation and data mining algorithms to predict data, the simulation results can be obtained ,the accuracy  ...  Advances in technology, making the experience of information service and delivery get better, tourism service providers also won the lucrative returns, while the tourism industry but also to the economic  ... 
doi:10.14257/ijgdc.2015.8.6.08 fatcat:cuqmyqp37jh5jml67zudg3nsya

Revenue Management In Manufacturing: A Research Landscape

S. Hossein Cheraghi, Mohammad Dadashzadeh, Prakash Venkitachalam
2010 Journal of Business & Economics Research  
In much the same way that revenue management has transformed the airline industry in selling tickets for the same flight at markedly different rates based upon product restrictions, time to departure,  ...  vast amount of data available through customer relationship management systems in order to calibrate the models.  ...  Therefore, as in the airline industry, it is possible to develop decision models for manufacturers that help segment the market in order to maximize revenue based on controlling price or quantity.  ... 
doi:10.19030/jber.v8i2.673 fatcat:augbwpgzcbeqtlquw2bbubqcba

Agents that buy and sell

Pattie Maes, Robert H. Guttman, Alexandros G. Moukas
1999 Communications of the ACM  
The industries affected first are those dealing with perishables (such as travel, theater and concert tickets, and network bandwidth availability), and surplus inventory and commodities (such as gas, electricity  ...  In some cases, the available payment (such as cash only) or delivery options can influence product and merchant brokering. • Product service and evaluation.  ... 
doi:10.1145/295685.295716 fatcat:gjfrb33cibh2zmmvfr73bumrs4

Resale and Rent-Seeking: An Application to Ticket Markets

P. Leslie, A. Sorensen
2013 The Review of Economic Studies  
Estimation is based on a unique dataset that merges transaction details from both the primary and secondary markets for tickets to major rock concerts.  ...  In our model, the presence of a resale market permits tickets to be traded from low-value to high-value consumers, but it also stimulates costly efforts by consumers and brokers to obtain underpriced tickets  ...  A prior version of this paper was titled "The Welfare Effects of Ticket Resale".  ... 
doi:10.1093/restud/rdt033 fatcat:h3kpdvdm4fgrvd4w7633ck5ipu

Financial Lower Bounds of Online Advertising Abuse [chapter]

Yizheng Chen, Panagiotis Kintis, Manos Antonakakis, Yacin Nadji, David Dagon, Wenke Lee, Michael Farrell
2016 Lecture Notes in Computer Science  
Similar problems have been studied in many other industries.  ...  Talluri and van Ryzin [2005] introduced the basic mathematical settings of both price-based RM models and capacity-based RM models for pricing flight tickets.  ...  The calculation of the option price for a display ad option with the GBM underlying model over a trinomial lattice is described in Algorithm 5.2.  ... 
doi:10.1007/978-3-319-40667-1_12 fatcat:egwgg4ksrrbq7oju4lcwuengdy

Pricing on the Internet

A. Daripa
2001 Oxford review of economic policy  
The lowcost, relatively frictionless online auction markets have increased profits as well as economic efficiency, and may emerge as the principal pricing method for a large number of goods and services  ...  Where firms have some market power, as in the market for information goods, we expect discriminatory pricing to become the norm.  ...  of the ticket and posting a single price for it.  ... 
doi:10.1093/oxrep/17.2.202 fatcat:v6wl6nvbtzhydl4ltylbywcvqe
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