An interactive approach for Bi-attribute multi-item auctions
ANNALS OF OPERATIONS RESEARCH, cilt.245, ss.97-119, 2016 (SCI-Expanded, Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 245
- Basım Tarihi: 2016
- Doi Numarası: 10.1007/s10479-014-1669-4
- Dergi Adı: ANNALS OF OPERATIONS RESEARCH
- Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
- Sayfa Sayıları: ss.97-119
- Anahtar Kelimeler: Multi-attribute auctions, Multi-item auctions, Combinatorial auctions, Interactive approach, Decision support, COMBINATORIAL AUCTIONS, WINNER DETERMINATION, DECISION-SUPPORT, PROCUREMENT AUCTIONS, ONLINE AUCTIONS, ALGORITHM, MECHANISM
- Orta Doğu Teknik Üniversitesi Adresli: Evet
Özet
The advances in the technological infrastructure and in the Internet led electronic auctions to become popular. With online sites, people buy/sell inexpensive products/services through auctions. In this paper, we develop an interactive approach that provides aid to both the buyer and the bidders in a bi-attribute, multi-item auction environment. Our approach is applicable for both reverse and forward auctions. We test our approach for underlying linear preference functions of the buyer. We also adapt it as a heuristic for the case the buyer has a nonlinear preference function. The test results show that our approach works well.