NDLI: Design issues for combinatorial auctions

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Design issues for combinatorial auctions

Content Provider	Springer Nature Link
Author	Abrache, Jawad Crainic, Teodor Gabriel Gendreau, Michel
Copyright Year	2004
Abstract	Combinatorial auctions are an important class of market mechanisms in which participants are allowed to bid on bundles of multiple heterogeneous items. In this paper, we discuss several complex issues that are encountered in the design of combinatorial auctions. These issues are related to the formulation of the winner determination problem, the expression of combined bids, the design of progressive combinatorial auctions that require less information revelation, and the need for decision support tools to help participants make profitable bidding decisions. For each issue, we survey the existing literature and propose avenues for further research.
Starting Page	1
Ending Page	33
Page Count	33
File Format	PDF
ISSN	16194500
Journal	4OR
Volume Number	2
Issue Number	1
Language	English
Publisher	Springer-Verlag
Publisher Date	2004-01-01
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	E-commerce mechanism design combinatorial auctions bidding languages iterative auctions advisors
Content Type	Text
Resource Type	Article
Subject	Theoretical Computer Science Management Science and Operations Research Management Information Systems Computational Theory and Mathematics

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