Multi-attribute online reverse auctions: Recent research trends
Long Pham,
Jeffrey Teich,
Hannele Wallenius and
Jyrki Wallenius
European Journal of Operational Research, 2015, vol. 242, issue 1, 1-9
Abstract:
This paper provides an updated overview of the rapidly developing research field of multi-attribute online reverse auctions. Our focus is on academic research, although we briefly comment on the state-of-the-art in practice. The role that Operational Research plays in such auctions is highlighted. We review decision- and game-theoretic research, experimental studies, information disclosure policies, and research on integrating and comparing negotiations and auctions. We conclude by discussing implementation issues regarding online procurement auctions in practice.
Keywords: Multiattribute auctions; Procurement; Bidding (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (17)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:242:y:2015:i:1:p:1-9
DOI: 10.1016/j.ejor.2014.08.043
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