Information Technology Convergence by James J. (Jong Hyuk) Park Leonard Barolli Fatos Xhafa & Hwa-Young Jeong

Author:James J. (Jong Hyuk) Park, Leonard Barolli, Fatos Xhafa & Hwa-Young Jeong
Language: eng
Format: epub
Publisher: Springer Netherlands, Dordrecht

The algorithm stated in MSPAM is not dominant strategy incentive compatible (DSIC) as it can be shown that by manipulation an agent can gain. In this section an algorithm motivated by the celebrated VCG mechanism is proposed that is DSIC i.e. in this mechanism an agent can’t gain by manipulation. In this scheme Vickery auction with Clarke’s pivot rule is used [4, 14, 16]. The proposed algorithm is named as Multiunit Vickery-Clarke-Groves Mechanism for multiple demands (MVCGM).

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4.3.1 Algorithm

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