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» The Price of Fairness
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IQ
2000
13 years 8 months ago
Improving Information Quality in Loan Approval Processes for Fair Lending and Fair Pricing
: Current banking data management on loan approval processes has great room for improvements of information quality and prevention of data problems in general, but especially with ...
M. Cary Collins, Frank M. Guess
ORL
2006
64views more  ORL 2006»
13 years 7 months ago
Optimal prices for finite capacity queueing systems
We prove a lower bound on the optimal price for a fairly large class of blocking systems with general arrival and service processes, determine optimal price expressions for M/M/1/...
Serhan Ziya, Hayriye Ayhan, Robert D. Foley
LATIN
2010
Springer
14 years 16 days ago
The Power of Fair Pricing Mechanisms
We explore the revenue capabilities of truthful, monotone (“fair”) allocation and pricing functions for resource-constrained auction mechanisms within a general framework that ...
Christine Chung, Katrina Ligett, Kirk Pruhs, Aaron...
ICNP
2005
IEEE
14 years 1 months ago
Priority Pricing in Utility Fair Networks
This paper deals with a new pricing approach in utility fair networks, where the user’s application is associated with a utility function. We allow users to have concave as well...
Tobias Harks, Tobias Poschwatta
WINE
2005
Springer
146views Economy» more  WINE 2005»
14 years 27 days ago
A Cost Mechanism for Fair Pricing of Resource Usage
We propose a simple and intuitive cost mechanism which assigns costs for the competitive usage of m resources by n selfish agents. Each agent has an individual demand; demands are...
Marios Mavronicolas, Panagiota N. Panagopoulou, Pa...