The beauty of Dutch: Bidding behavior in combinatorial first-price procurement auctions.
Per PaulsenMartin BichlerGian-Marco KokottPublished in: Eur. J. Oper. Res. (2021)
Keyphrases
- auction mechanisms
- bidding strategies
- trading agents
- online auctions
- multi attribute
- combinatorial auctions
- marginal utility
- reverse auction
- electronic commerce
- electronic marketplaces
- auction protocol
- winner determination
- multi attribute auctions
- multi unit
- trading agent competition
- mechanism design
- supply chain management
- group buying
- budget constraints
- resource allocation
- sealed bid
- behavior patterns
- special case
- utility function
- digital images