Benefits of combinatorial auctions with transformability relationships
In this paper we explore whether an auctioneer/buyer may benefit from introducing his transformability relationships (some goods can be transformed into others at a transformation cost) into multi-unit combinatorial reverse auctions. Thus, we quantitatively assess the potential savings the auctionee...
| Autores: | , , |
|---|---|
| Tipo de recurso: | artículo |
| Estado: | Versión aceptada para publicación |
| Fecha de publicación: | 2006 |
| País: | España |
| Institución: | Consejo Superior de Investigaciones Científicas (CSIC) |
| Repositorio: | DIGITAL.CSIC. Repositorio Institucional del CSIC |
| OAI Identifier: | oai:dnet:digitalcsic_::522d36c263732a8d66c5939a569a9082 |
| Acceso en línea: | http://hdl.handle.net/10261/160140 |
| Access Level: | acceso abierto |
| Palabra clave: | Tranformability relationships Combinatorial auctions |
| Sumario: | In this paper we explore whether an auctioneer/buyer may benefit from introducing his transformability relationships (some goods can be transformed into others at a transformation cost) into multi-unit combinatorial reverse auctions. Thus, we quantitatively assess the potential savings the auctioneer/buyer may obtain with respect to combinatorial reverse auctions that do not consider tranformability relationships. Furthermore, we empirically identify the market conditions under which it is worth for the auctioneer/buyer to exploit transformability relationships. © 2006 The authors. |
|---|