Naval Postgraduate School
Dudley Knox Library
NPS Dudley Knox Library
View Item 
  •   Calhoun Home
  • Theses and Dissertations
  • 1. Thesis and Dissertation Collection, all items
  • View Item
  •   Calhoun Home
  • Theses and Dissertations
  • 1. Thesis and Dissertation Collection, all items
  • View Item
  • How to search in Calhoun
  • My Accounts
  • Ask a Librarian
JavaScript is disabled for your browser. Some features of this site may not work without it.

Browse

All of CalhounCollectionsThis Collection

My Account

LoginRegister

Statistics

Most Popular ItemsStatistics by CountryMost Popular Authors

Analysis of bidding behaviors in non-monetary incentivized, real-time uniform auctions

Thumbnail
Download
Icon10Dec%5FTiley%5FMBA.pdf (884.8Kb)
Download Record
Download to EndNote/RefMan (RIS)
Download to BibTex
Author
Tiley, Joshua H.
Date
2010-12
Advisor
Gates, William
Myung, Noah
Metadata
Show full item record
Abstract
The Navy continually fights economic surge and recession, budget constraints, and natural personnel turnover to maintain personnel levels at desired "end-strength." Forecasting retention bonus levels based on these socio-economic factors is extremely difficult. Current forecasting techniques are less precise than retention auctions because auctions provide the market clearing price to retain the desired end strength. This research examines bidding strategies adopted within a retention auction incorporating monetary and non-monetary retention incentives in a competitive bidding environment. This research compared user inputs across several subjects and determined which subjects to retain. Previous experiments compared participants' bids to computer simulated "optimal" bids
 
it was hard to say how or if bidding strategies would change if competing with other live players. There are two issues when dealing with optimal bidding strategies. The first is correct choosing non-monetary incentives. We found that 70% of these choices were made correctly. The second involves the salary requested after choosing non-monetary incentives. The salary requests were above the optimal bids. Coupled with the fact that non-monetary incentives were generally chosen correctly, this shows that most participants miscalculated their salary request. Other controls and instructions should be introduced prior to implementing a formal retention auction
 
Description
MBA Professional Report
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
URI
https://hdl.handle.net/10945/10506
Collections
  • 1. Thesis and Dissertation Collection, all items
  • 7. Master of Business Administration (MBA) Professional Projects

Related items

Showing items related by title, author, creator and subject.

  • Thumbnail

    Variability of valuation of non-monetary incentives motivating and implementing the Combinatorial Retention Auction Mechanism 

    Ellis, Jason Blake (Monterey, California: Naval Postgraduate School, 2009-03);
    This thesis explores the concept of preference variability relative to non-monetary and monetary incentives in the Combinatorial Retention Auction Mechanism (CRAM). CRAM offers a mix of monetary and non-monetary incentives ...
  • Thumbnail

    The Combinatorial Retention Auction Mechanism (CRAM) 

    Coughlan, Peter; Gates, William; Myung, Noah (Monterey, California. Naval Postgraduate School, 2013-11); NPS-GSBPP-13-004
    We propose a reverse uniform price auction called Combinatorial Retention Auction Mechanism (CRAM) that integrates both monetary and non-monetary incentives (NMIs). CRAM computes the cash bonus and NMIs to a single cost ...
  • Thumbnail

    Integrating monetary and non-monetary reenlistment incentives utilizing the Combinatorial Retention Auction Mechanism (CRAM) 

    Zimmerman, Brooke Maura (Monterey California. Naval Postgraduate School, 2008-12);
    This research addressed the potential retention and cost impacts of providing an optimal individualized portfolio of non-monetary and monetary incentives to influence reenlistment and retention behavior in enlisted Sailors ...
NPS Dudley Knox LibraryDUDLEY KNOX LIBRARY
Feedback

411 Dyer Rd. Bldg. 339
Monterey, CA 93943
circdesk@nps.edu
(831) 656-2947
DSN 756-2947

    Federal Depository Library      


Start Your Research

Research Guides
Academic Writing
Ask a Librarian
Copyright at NPS
Graduate Writing Center
How to Cite
Library Liaisons
Research Tools
Thesis Processing Office

Find & Download

Databases List
Articles, Books & More
NPS Theses
NPS Faculty Publications: Calhoun
Journal Titles
Course Reserves

Use the Library

My Accounts
Request Article or Book
Borrow, Renew, Return
Tech Help
Remote Access
Workshops & Tours

For Faculty & Researchers
For International Students
For Alumni

Print, Copy, Scan, Fax
Rooms & Study Spaces
Floor Map
Computers & Software
Adapters, Lockers & More

Collections

NPS Archive: Calhoun
Restricted Resources
Special Collections & Archives
Federal Depository
Homeland Security Digital Library

About

Hours
Library Staff
About Us
Special Exhibits
Policies
Our Affiliates
Visit Us

NPS-Licensed Resources—Terms & Conditions
Copyright Notice

Naval Postgraduate School

Naval Postgraduate School
1 University Circle, Monterey, CA 93943
Driving Directions | Campus Map

This is an official U.S. Navy Website |  Please read our Privacy Policy Notice  |  FOIA |  Section 508 |  No FEAR Act |  Whistleblower Protection |  Copyright and Accessibility |  Contact Webmaster

Export search results

The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

A logged-in user can export up to 15000 items. If you're not logged in, you can export no more than 500 items.

To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.