A multiattribute auction procedure that allows bidders to make informed bids without knowledge of the bid-taker's preferences is presented. The procedure can be extended to allow the bid-taker to differentiate among the bidders, place them into categories, and formulate different requirements for each category. The procedure is adapted to reverse auctions and it is illustrated with a simple procurement case. The implementation of the procedure in the IMARAS system and the initial results from the system use in experimental settings are discussed.

A Multiattribute Auction Procedure and Its Implementation / Kersten, Gregory E.; Pontrandolfo, Pierpaolo; Wu, Shikui. - STAMPA. - (2012), pp. 600-609. (Intervento presentato al convegno 45th Hawaii International Conference on System Sciences, HICSS 2012 tenutosi a Maui, HI nel January 4-7, 2012) [10.1109/HICSS.2012.69].

A Multiattribute Auction Procedure and Its Implementation

Pierpaolo Pontrandolfo;
2012-01-01

Abstract

A multiattribute auction procedure that allows bidders to make informed bids without knowledge of the bid-taker's preferences is presented. The procedure can be extended to allow the bid-taker to differentiate among the bidders, place them into categories, and formulate different requirements for each category. The procedure is adapted to reverse auctions and it is illustrated with a simple procurement case. The implementation of the procedure in the IMARAS system and the initial results from the system use in experimental settings are discussed.
2012
45th Hawaii International Conference on System Sciences, HICSS 2012
978-1-4577-1925-7
A Multiattribute Auction Procedure and Its Implementation / Kersten, Gregory E.; Pontrandolfo, Pierpaolo; Wu, Shikui. - STAMPA. - (2012), pp. 600-609. (Intervento presentato al convegno 45th Hawaii International Conference on System Sciences, HICSS 2012 tenutosi a Maui, HI nel January 4-7, 2012) [10.1109/HICSS.2012.69].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11589/15866
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