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Application of the multi-object first-price auction in the students registration system USOS

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  • Tomasz Kopczewski
  • Piotr Ziewiec

Abstract

The article shows a possibility of applying the multi-object first-price auction to the students registration system for the class at the University Study-Oriented System (called USOS). On the basis of experimental data and the Monte Carlo simulation changes in the effectiveness were determined after the possible introduction of the new type of registration based on the auction system in relation to existing systems of registration and it was determined whether this system will motivate the students.

Suggested Citation

  • Tomasz Kopczewski & Piotr Ziewiec, 2011. "Application of the multi-object first-price auction in the students registration system USOS," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 27.
  • Handle: RePEc:eko:ekoeko:27_171
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    File URL: http://ekonomia.wne.uw.edu.pl/ekonomia/getFile/326
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    References listed on IDEAS

    as
    1. Moshe Levy & Haim Levy, 2003. "Investment Talent and the Pareto Wealth Distribution: Theoretical and Experimental Analysis," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 709-725, August.
    2. Paul Klemperer, 2004. "Auctions: Theory and Practice," Online economics textbooks, SUNY-Oswego, Department of Economics, number auction1.
    3. Theo Offerman, 2002. "Efficiency in Auctions with Private and Common Values: An Experimental Study," American Economic Review, American Economic Association, vol. 92(3), pages 625-643, June.
    4. Paul Klemperer, 2004. "Auctions: Theory and Practice," Online economics textbooks, SUNY-Oswego, Department of Economics, number auction1.
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