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dc.contributor.advisorMyung, Noah
dc.contributor.authorTriplett, Terry W.
dc.contributor.authorWinters, Michael K.
dc.dateJun-15
dc.date.accessioned2015-08-05T23:06:08Z
dc.date.available2015-08-05T23:06:08Z
dc.date.issued2015-06
dc.identifier.urihttp://hdl.handle.net/10945/45954
dc.descriptionApproved for public release; distribution is unlimiteden_US
dc.description.abstractWith the U.S. military under intense scrutiny to cut costs, the Department of Defense must determine ways to use its limited resources more efficiently. One financial incentive ripe for change is the retention bonus. This compensation tool, used by the military to retain highly qualified individuals, could be harnessed more effectively with an auction mechanism for distribution. This thesis studies three different types of auctions, and examines which auction would be utilized best by the government as a retention tool. The three auctions analyzed were a sealed bid-discriminatory auction, a sealed bid-uniform auction and a sequential bid-uniform auction. The results of the experiment showed that discriminatory auctions fared best overall. Sealed bid-discriminatory auctions had a significant savings of 5.1% over sealed bid-uniform auctions and a 10.1% savings over sequential bid-uniform auctions.en_US
dc.description.urihttp://archive.org/details/increasingeffect1094545954
dc.publisherMonterey, California: Naval Postgraduate Schoolen_US
dc.rightsThis 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.en_US
dc.titleIncreasing the effectiveness of Navy retention compensation by evaluating different auction compensation formatsen_US
dc.typeThesisen_US
dc.contributor.secondreaderGates, William
dc.contributor.departmentGraduate School of Business and Public Policy (GSBPP)
dc.contributor.departmentGraduate School of Business and Public Policy (GSBPP)en_US
dc.subject.authorauctionsen_US
dc.subject.authorretentionen_US
dc.subject.authorexperimenten_US
dc.description.recognitionOutstanding Thesisen_US
dc.description.recognitionOutstanding Thesisen_US
dc.description.serviceLieutenant, United States Navyen_US
dc.description.serviceLieutenant Commander, United States Navyen_US
etd.thesisdegree.nameMaster of Business Administrationen_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineBusiness Administrationen_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US


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