Socialized bidding

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RB211
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Socialized bidding

Post by RB211 »

I see Socialized Biddng mentioned on a few threads and, while I think I understand the general principle, I don’t know specifics.

How does it work? Does it mean preferential bidding does not exist at all? Does it result in schedules that are virtually the same for everyone top to bottom?
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Bede
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Re: Socialized bidding

Post by Bede »

Socialized bidding is preferential ie. It assigns pairings based on preferences as opposed to seniority

https://www.ad-opt.com/wp-content/uploa ... -sheet.pdf
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yowflyer23
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Re: Socialized bidding

Post by yowflyer23 »

Do other airlines offer socialized bidding or is it just Westjet?
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RB211
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Re: Socialized bidding

Post by RB211 »

Bede wrote: Mon Mar 11, 2024 8:42 am Socialized bidding is preferential ie. It assigns pairings based on preferences as opposed to seniority

https://www.ad-opt.com/wp-content/uploa ... -sheet.pdf
Thanks for that. I am more curious about the specific mechanics of it.

So when bidding, one would list pairings, days off etc they ‘prefer’ and the system assigns a schedule around that. If two folks list the same preference how is the assignment determined? Does seniority come in to play at all?

Or is it just a wish list and the optimizer builds all the schedules at once and tries to include a few of one’s preferences?
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Vsquared
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Re: Socialized bidding

Post by Vsquared »

The system tries to attain the highest satisfaction score. Your highest priority bid is worth the most amount of points, and tapers down to the least amount. If you have a bid avoiding reserve and it’s worth 1,000 points, the systems receives 1,000 points if satisfies your request. If you get reserve the system gets subtracted 1,000 points. Bids that aren’t possible are not counted. Once it makes the schedule it takes all the possible points, and the actual points and gives itself a score; usually 75-85% satisfaction.

When choosing who to allocate to when 2 people are competing for the same bid it will look back at who has been happier. You can expect a bad month after 3 good ones.
RB211 wrote: Thu Mar 14, 2024 8:55 pm
Bede wrote: Mon Mar 11, 2024 8:42 am Socialized bidding is preferential ie. It assigns pairings based on preferences as opposed to seniority

https://www.ad-opt.com/wp-content/uploa ... -sheet.pdf
Thanks for that. I am more curious about the specific mechanics of it.

So when bidding, one would list pairings, days off etc they ‘prefer’ and the system assigns a schedule around that. If two folks list the same preference how is the assignment determined? Does seniority come in to play at all?

Or is it just a wish list and the optimizer builds all the schedules at once and tries to include a few of one’s preferences?
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RB211
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Re: Socialized bidding

Post by RB211 »

Vsquared wrote: Thu Mar 14, 2024 9:15 pm The system tries to attain the highest satisfaction score. Your highest priority bid is worth the most amount of points, and tapers down to the least amount. If you have a bid avoiding reserve and it’s worth 1,000 points, the systems receives 1,000 points if satisfies your request. If you get reserve the system gets subtracted 1,000 points. Bids that aren’t possible are not counted. Once it makes the schedule it takes all the possible points, and the actual points and gives itself a score; usually 75-85% satisfaction.

When choosing who to allocate to when 2 people are competing for the same bid it will look back at who has been happier. You can expect a bad month after 3 good ones.
RB211 wrote: Thu Mar 14, 2024 8:55 pm
Bede wrote: Mon Mar 11, 2024 8:42 am Socialized bidding is preferential ie. It assigns pairings based on preferences as opposed to seniority

https://www.ad-opt.com/wp-content/uploa ... -sheet.pdf
Thanks for that. I am more curious about the specific mechanics of it.

So when bidding, one would list pairings, days off etc they ‘prefer’ and the system assigns a schedule around that. If two folks list the same preference how is the assignment determined? Does seniority come in to play at all?

Or is it just a wish list and the optimizer builds all the schedules at once and tries to include a few of one’s preferences?
Got it. Thanks for that.
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