Optimal Procurement Auction for Cooperative Production of Virtual Products: Vickrey-Clarke-Groves Meet Cremer-McLean.
Mingshu CongXi WengHan YuJiabao QuSiu-Ming YiuPublished in: CoRR (2020)
Keyphrases
- auction mechanisms
- cooperative
- combinatorial auctions
- winner determination
- mechanism design
- budget constraints
- uncertain demand
- raw material
- production cost
- vickrey clarke groves
- incentive compatibility
- multi unit
- game theory
- multi attribute
- production line
- electronic commerce
- reverse auction
- worst case
- optimal solution
- bidding strategies
- strategy proof
- multi agent systems
- supply chain
- dynamic programming
- online auctions
- lower bound
- incomplete information
- linear programming