An Investigation of the Average Bid Mechanism for Procurement Auctions.
Wei-Shiun ChangBo ChenTimothy C. SalmonPublished in: Manag. Sci. (2015)
Keyphrases
- reverse auction
- sealed bid
- multi attribute
- auction mechanisms
- mechanism design
- sponsored search auctions
- auction protocol
- bidding strategies
- social welfare
- multi attribute auctions
- strategy proof
- computational model
- supply chain management
- incentive compatibility
- multi unit
- utility function
- game theory
- incomplete information
- standard deviation
- combinatorial auctions
- trading agents
- group buying
- incentive compatible
- resource allocation
- online auctions
- electronic commerce
- multi agent systems
- neural network