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An Auction Method for Course Registration

Author

Listed:
  • Robert L. Graves

    (Graduate School of Business, University of Chicago, Chicago, Illinois 60637)

  • Linus Schrage

    (Graduate School of Business, University of Chicago, Chicago, Illinois 60637)

  • Jayaram Sankaran

    (Department of Management Studies, Indian Institute of Science, Bangalore, India 560 012)

Abstract

Since 1981 the University of Chicago Graduate School of Business (GSB) has used a computerized course registration system that allocates limited classroom and faculty resources while satisfying students' preferences among course offerings. The method a) uses a market approach (complete with clearing prices) for allocating course sections to students, b) allows students to express preferences for combinations of courses rather than for single courses, c) allows students to express preferences for courses over multiple school terms rather than just one, and d) requires no waiting in registration queues.

Suggested Citation

  • Robert L. Graves & Linus Schrage & Jayaram Sankaran, 1993. "An Auction Method for Course Registration," Interfaces, INFORMS, vol. 23(5), pages 81-92, October.
    • Handle: RePEc:inm:orinte:v:23:y:1993:i:5:p:81-92
    DOI: 10.1287/inte.23.5.81
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    Citations

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    Cited by:

    1. Anthony M. Kwasnica & John O. Ledyard & Dave Porter & Christine DeMartini, 2005. "A New and Improved Design for Multiobject Iterative Auctions," Management Science, INFORMS, vol. 51(3), pages 419-434, March.
    2. Scott E. Sampson, 2008. "OR PRACTICE---Optimization of Vacation Timeshare Scheduling," Operations Research, INFORMS, vol. 56(5), pages 1079-1088, October.
    3. Gartner, Daniel & Kolisch, Rainer, 2021. "Mathematical programming for nominating exchange students for international universities: The impact of stakeholders’ objectives and fairness constraints on allocations," Socio-Economic Planning Sciences, Elsevier, vol. 76(C).
    4. Sven de Vries & Rakesh V. Vohra, 2003. "Combinatorial Auctions: A Survey," INFORMS Journal on Computing, INFORMS, vol. 15(3), pages 284-309, August.
    5. John Raffensperger & Thomas Cochrane, 2010. "A Smart Market for Impervious Cover," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 24(12), pages 3065-3083, September.
    6. Ignacio Palacios-Huerta & David C. Parkes & Richard Steinberg, 2024. "Combinatorial Auctions in Practice," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 517-553, June.
    7. Eric Budish, 2011. "The Combinatorial Assignment Problem: Approximate Competitive Equilibrium from Equal Incomes," Journal of Political Economy, University of Chicago Press, vol. 119(6), pages 1061-1103.
    8. Sankaran, Jayaram K., 1995. "Column generation applied to linear programs in course registration," European Journal of Operational Research, Elsevier, vol. 87(2), pages 328-342, December.
    9. R. H. Kwon & G. Anandalingam & L. H. Ungar, 2005. "Iterative Combinatorial Auctions with Bidder-Determined Combinations," Management Science, INFORMS, vol. 51(3), pages 407-418, March.
    10. Abrache, Jawad & Crainic, Teodor Gabriel & Gendreau, Michel, 2005. "Models for bundle trading in financial markets," European Journal of Operational Research, Elsevier, vol. 160(1), pages 88-105, January.
    11. K A Willoughby & C J Zappe, 2006. "A methodology to optimize foundation seminar assignments," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 57(8), pages 950-956, August.
    12. Jawad Abrache & Teodor Crainic & Michel Gendreau & Monia Rekik, 2007. "Combinatorial auctions," Annals of Operations Research, Springer, vol. 153(1), pages 131-164, September.

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