Relevant bibliographies by topics / Auction proposer

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  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers

Academic literature on the topic 'Auction proposer'

Author: Grafiati
Published: 4 June 2021
Last updated: 10 February 2022

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Journal articles on the topic "Auction proposer"

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Chen, Lihua, Liying Wang, and Yingjie Lan. "Auction models with resource pooling in modern supply chain management." Modern Supply Chain Research and Applications 1, no. 2 (May 13, 2019): 120–34. http://dx.doi.org/10.1108/mscra-01-2019-0001.

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Purpose In this paper, the main focus is on supply and demand auction systems with resource pooling in modern supply chain from a theoretical modeling perspective. The supply and demand auction systems in modern supply chains among manufacturers and suppliers serve as information sharing mechanisms. The purpose of this paper is to match the supply and demand such that a modern supply chain can achieve incentive compatibility and economic efficiency. The authors design such a supply and demand auction system that can integrate resources to efficiently match the supply and demand. Design/methodology/approach The authors propose three theoretic models of modern supply chain auctions with resource pooling according to the Vickrey auction principle. They are supply auction model with demand resource pooling, demand auction model with supply resource pooling, and double auction model with demand and supply resource pooling. For the proposed auction models, the authors present three corresponding algorithms to allocate resources in the auction process by linear programming, and study the incentive compatibility and define the Walrasian equilibriums for the proposed auction models. The authors show that the solutions of the proposed algorithms are Walrasian equilibriums. Findings By introducing the auction mechanism, the authors aim to realize the following three functions. First is price mining: auction is an open mechanism with multiple participants. Everyone has his own utility and purchasing ability. So, the final price reflects the market value of the auction. Second is dynamic modern supply chain construction: through auction, firm can find appropriate partner efficiently. Third is resources integration: in business practices, especially in modern supply chain auctions, auctioneers can integrate resources and ally buyers or sellers to gain more efficiency in auctions. Originality/value In the paper, the authors propose three theoretic models and corresponding algorithms of modern supply chain auctions with resource pooling according using the Vickrey auction principle, which achieves three functions: price mining, dynamic modern supply chain construction and resources integrating. Besides, these proposed models are much closer to practical settings and may have potential applications in modern supply chain management.
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Emiris, Dimitrios M., and Charis A. Marentakis. "A Unified Classification Ecosystem for Auctions." International Journal of Operations Research and Information Systems 1, no. 3 (July 2010): 53–74. http://dx.doi.org/10.4018/joris.2010070104.

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Auctions have known considerable and continuous growth during the last decades due to their interesting properties in price formation when the value of goods traded is not known or varies. The systematic research in the area of auctions has advanced considerably since William Vickrey’s seminal paper on 1961. Although earlier research has been based mainly on Microeconomics and Games Theory, recent advances extended relevant research in Operational Research and Information Technology. Today, auctions and their applications form a challenging topic not only for economists but for operational researchers, marketers, logisticians and management engineers as well. This paper provides an overview of recent literature in auction theory, focusing on contemporary auction techniques and proposes an Auctions Classification Ecosystem (ACE) that encompasses previous works and new developments in the area. The proposed unified classification approach encompasses auction features and mechanism design parameters in a single scheme. This scheme facilitates the understanding of auction characteristics and supports auction practitioners in designing the appropriate format depending on the application requirements.
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Torres-Valderrama, Henry Camilo, and Luis Eduardo Gallego-Vega. "Modeling Dynamic Procurement Auctions of Standardized Supply Contracts in Electricity Markets including Bidders Adaptation." DYNA 82, no. 192 (August 25, 2015): 168–76. http://dx.doi.org/10.15446/dyna.v82n192.48612.

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<p>Descendant Clock Auctions have been increasingly used in power markets. Traditional approaches are focused on discovering the bidders’ best response but neglecting the bidders’ adaptation. This paper presents an algorithm based on decision theory to estimate the bidders’ behavior along the auction. The proposed model uses portfolio concepts and historical data of spot market to estimate a long term contract supply curve. This model was applied to evaluate the Colombia’s Organized Market (MOR). Demand curve parameters and round size were varied to evaluate their impact over auction outputs. Results show that demand curve has a quite small impact over bidders’ decisions and round size management is useful to avoid non-competitive bidders’ behavior. In addition, it is shown that auction’s starting prices strongly influence auction’s clearing prices. These results are extremely helpful to design market structures in power markets.</p>
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Li, Xiaohui, and Hongbin Dong. "A Transaction Trade-Off Utility Function Approach for Predicting the End-Price of Online Auctions in IoT." Wireless Communications and Mobile Computing 2021 (February 2, 2021): 1–10. http://dx.doi.org/10.1155/2021/6656421.

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To stimulate large-scale users to participate in the big data construction of IoT (internet of things), auction mechanisms based on game theory are used to select participants and calculate the corresponding reward in the process of crowdsensing data collection from IoT. In online auctions, bidders bid many times and increase their bid price. All the bidders want to maximize their utility in auctions. An effective incentive mechanism can maximize social welfare in online auctions. It is complicated for auction platforms to calculate social welfare and the utility of each bidder’s bidding items in online auctions. In this paper, a transaction trade-off utility incentive mechanism is introduced. Based on the transaction trade-off utility incentive mechanism, it can make the forecasting process consistent with bidding behaviors. Furthermore, an end-price dynamic forecasting agent is proposed for predicting end prices of online auctions. The agent develops a novel trade-off methodology for classifying online auctions by using the transaction trade-off utility function to measure the distance of auction items in KNN. Then, it predicts the end prices of online auctions by regression. The experimental results demonstrate that an online auction process considering the transaction utility is more consistent with the behaviors of bidders, and the proposed prediction algorithm can obtain higher prediction accuracy.
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Chung, Yu-Fang, Tzer-Long Chen, Tzer-Shyong Chen, Dai-Lun Chiang, and Yu-Ting Chen. "An Agent-Based Auction Protocol on Mobile Devices." Journal of Applied Mathematics 2014 (2014): 1–11. http://dx.doi.org/10.1155/2014/314180.

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This paper proposes an English auction protocol to preserve a secure, fair, and effective online auction environment, where the operations are integrated with mobile agent technology for bidders participating in online auctions. The protocol consists of four participants, namely, registration manager, agent house, auction house, and bidder.
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PENG, Yanyan, and Xinwang LIU. "BIDDING DECISION IN LAND AUCTION USING PROSPECT THEORY." International Journal of Strategic Property Management 19, no. 2 (June 19, 2015): 186–205. http://dx.doi.org/10.3846/1648715x.2015.1047914.

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Land auction is widely practiced in company and government decisions, especially in China. Bidders are always faced with two or more auctions in the period of a decision cycle. The outcome of the auction is under high risk. The bidder's risk attitude and preference will have a great influence on his/her bidding price. Prospect theory is currently the main descriptive theory of decision under risk. In this paper, we will consider the preferences of the decision-makers in land bidding decisions with the multi-attribute additive utility and reference point method in cumulative prospect theory. Three land auction models are proposed based on the appearance time of the land auctions. The simultaneous model uses cumulative prospect theory without considering the relationships between the auctions. The time sequential model involves the exchange auction decisions at different time with the third-generation prospect theory. The event sequential model further considers the reference point prediction in sequential land auction decisions. The three models can help the decision-makers make better bidding price decision when they are faced with several land auctions in the period of a decision cycle. A case study illustrates the processes and results of our approaches.
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Chao, Wang, Zhang Dalong, and Ran Xiaomin. "Regional Load Balancing Circuitous Bandwidth Allocation Method Based on Dynamic Auction Mechanism." MATEC Web of Conferences 176 (2018): 01020. http://dx.doi.org/10.1051/matecconf/201817601020.

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Aiming at the problem of link congestion caused by the shortage of network bandwidth resources at the user end, this paper first proposes a regional load balancing idea. Then, for the problem of bandwidth resource allocation in regional load balancing, a bandwidth allocation model is established and a dynamic auction algorithm is proposed. The algorithm calculates the link quality and stability by constructing a link model, and introduces the auction bandwidth to the auctioneer's incentive degree to obtain the auction bidding function. The simulation results show that the algorithm can effectively improve the user's network status, reduce the service response delay, increase the throughput, and at the same time can effectively prevent the auction user's false bidding behavior, so that the auction quote quickly converges to the maximum quote, reduces the number of auctions, and reduces Communication overhead.
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Han, Jidong, Chun Qiu, and Peter Popkowski Leszczyc. "The effects of competitive reserve prices in online auctions." European Journal of Marketing 52, no. 7/8 (July 9, 2018): 1439–56. http://dx.doi.org/10.1108/ejm-10-2017-0684.

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PurposeThis paper aims to investigate how competition among online auction sellers influences the setting of both open and secret reserve prices, thereby affecting auction outcome.Design/methodology/approachUsing a data set collected from eBay consisting of 787 identical product auctions, three empirical models have been proposed. Model 1 simultaneously estimates the effects of auction competition on a seller’s own open and secret reserve price strategies; Model 2 estimates the effects of auction competition on bidder participation; and Model 3 estimates the direct and indirect effects of auction competition on selling price.FindingsCompetition among sellers is central to shaping sellers’ reserve price strategies. When there are more concurrent auctions for identical items, sellers tend to specify a low open reserve and are less likely to set a secret reserve. Sellers are strongly influenced by competitors’ reserve price strategies, and tend to follow competition. Finally, auction competition and competitive reserve price strategies influence both bidder entry and selling prices.Practical implicationsThis study has important implications for both sellers and bidders. It highlights the importance for sellers to adapt their reserve price strategies in light of their competitors’ reserve price strategies and offers implications for bidders regarding auction selection. An auction with low starting bid does not necessarily lead to a lower selling price as it attracts more bidders.Originality/valueThis paper focuses on competition among auction sellers, whereas previous literature has focused on competition among bidders. This paper is the first to study the impact of competing reserve prices in auctions.
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Lucking-Reiley, David. "Vickrey Auctions in Practice: From Nineteenth-Century Philately to Twenty-First-Century E-Commerce." Journal of Economic Perspectives 14, no. 3 (August 1, 2000): 183–92. http://dx.doi.org/10.1257/jep.14.3.183.

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William Vickrey (1961) proposed an auction mechanism in which bidders submit sealed bids, and the highest bidder wins the good in return for payment of the second-highest bid amount. For decades, economists have credited Vickrey with inventing this auction format, and have believed that the Vickrey auction is rarely used in practice. This paper presents evidence that Vickrey auctions have long been the predominant auction format for mail sales of collectible postage stamps. Stamp auctioneers developed this auction format on their own, as early as 1893, even before Vickrey was born.
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Zeng, Ming Fei, and Shun Zheng Yu. "The Reputation System Based on Auctions." Applied Mechanics and Materials 644-650 (September 2014): 5505–10. http://dx.doi.org/10.4028/www.scientific.net/amm.644-650.5505.

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This paper proposes some monetary policies for the reputation system based on auctions in p2p networks. In the model, releasers controlled the money supply of the auction market. The money supply can just satisfy the needs of peers. Let auction market keep fair and incent peers to share. And those policies can be implemented without centralized authority or infrastructure.
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Dissertations / Theses on the topic "Auction proposer"

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Zajíc, Vladimír. "Vliv reklamy v dražební společnosti." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2010. http://www.nusl.cz/ntk/nusl-232485.

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In the framework of public auctions the auction-companies work, which on the one hand face the problem of realizing the public auction from the point of view of marketing, on the other hand, at the same time, they try to be visible in the relationship the auctioneer and the auction proposer. It is a closed cycle whose task is to strengthen the marketing potential and, at the same time to increase the financial profit of the firm. The aim of this diplom thesis is focused on the advertising acivities of a smalll auction company, which at present is not very effective. This auction company has been lately rather successful and has proved its vitality, on the contrary, its profits in the form af the auctioneer´s rewards have started to stagnate. One of the reasons may be its lack of financial means which might have been released for the purpose of advertising. That is why, the aim of this diploma thesis is to avaluate the present advertising activities of an auction company. The positive and negative working of a concrete auctioneer in the public auctions market is going to be specified by help of single cases. The aim is also the identifying of the elementary mistakes giving evidences of bad advertising activities of the company. In the conclusion some recommendations concerning advertising activities are defined; their task is to enable small auction companies to make themselves more visible in the public auctions market.
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Rego, Erik Eduardo. "Proposta de aperfeiçoamento da metodologia dos leilões de comercialização de energia elétrica no ambiente regulado: aspectos conceituais, metodológicos e suas aplicações." Universidade de São Paulo, 2012. http://www.teses.usp.br/teses/disponiveis/86/86131/tde-28112012-093549/.

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Este trabalho analisou os leilões de comercialização de energia elétrica no ambiente de contratação regulada no Brasil, realizados entre 2005 e 2011, com o objetivo de propor aperfeiçoamentos em sua metodologia. Para tanto, foram estudadas três linhas de pesquisa: teoria de leilões, internalização (adicionais) de custos não privados (externalidades) e organização de mercados de capacidade. Após a análise dos 21 leilões de novos empreendimentos realizados no período, conclui-se que o desenho do leilão com fase discriminatória final é adequado aos objetivos de modicidade tarifária, mas que também permite melhoras. As fraquezas da sistemática atual identificadas foram: metodologia de contratação termelétrica por disponibilidade, com viés das fontes de maior custo variável unitário, adoção de preço-teto nem sempre adequado, dificuldade em mitigar o exercício de poder de mercado da Eletrobras nos leilões de energia existente e licitação pelo custo econômico privado. De forma a aprimorar os leilões, as seguintes ações foram sugeridas: realização de uma etapa adicional e prévia ao desenho de leilão híbrido atual visando contornar a problemática de estabelecimento de preço-teto adequado; utilização de adicionais ao lance do leilão para internalizar os custos de transmissão não recolhidos pelo gerador; substituição do mecanismo de contratação termelétrica pelo modelo Colombiano de opções; condução de leilões de energia nova e existente em conjunto, e segmentação de produtos no leilão pela ótica da demanda com possibilidade de lances em pacotes. Com a adoção destas propostas entende-se que o valor negociado nos leilões de comercialização de energia elétrica refletirão melhor o custo social dos projetos, aumentando a eficiência dos certames.
This study analyzes the regulated electricity procurement auctions conducted between 2005 and 2011 in Brazil, in order to propose improvements in its methodology. Thus, it was reviewed three research areas: auctions design, internalization of externalities, and capacity markets. After analyzing the 21 new energy auctions that period, it is concluded the auction design with a second discriminatory bid is appropriate to the aims at achieving as low as possible prices, however there is room for improvement. Identified weaknesses are: (1) thermal availability capacity hiring method biased in favor of energy sources with higher variable costs; (2) inadequate price cap, unable to mitigate Eletrobras market power in existing power auctions, (3) and bidding by private economic cost. So, it is suggested the following actions to improve the efficiency of energy auctions: (a) carrying out an additional step prior to the current hybrid auction design in order to solve the problem of establishing appropriate ceiling price; (b) use of additional to internalize transmission costs not paid by generator; (c) replacement of the bid mechanism used for thermal power plants to Colombian options model; (d) driving new and existing energy auctions together, and (e) segment auctions products by the demand side with the possibility of bidding in packages. In adopting these proposals it is expected the value traded in the electricity procurement auction conducted in Brazil will better reflect the social cost of projects and so improving its efficiency.
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Ahlqvist, Malin. "Alternatives to the use of unequal voting rights : a propos the potential threat to their effectiveness as a takeover defense." Thesis, Linköping University, Department of Management and Economics, 2004. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-2179.

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Background: The origin of this study was the negotiations around a EU takeover directive, aimed at making the market for corporate control more open. One of the proposals was to neutralise shares carrying multiple rights in takeover situations when a potential acquirer obtains 75% of the total share capital. For many Swedish ownership groups, this would mean that the system of unequal voting rights, constituting an important defense to their control, would decrease in effectiveness. In the middle of writing this thesis, an EU agreement was finally reached, making the proposal voluntary to adopt. The imminent threat posed to the Swedish system faded, but has though not disappeared since the present rules anew will be brought under inspection in five years.

Purpose: To give examples on potential tactics to adopt if unequal voting rights would risk to become neutralised in takeover situations, these tactics dependent on two different scenarios: (1) Present Swedish ownership structure is considered advantageous for the country and thus to be remained or (2) A more open market for takeovers is desired. Course of action: Interviews have been conducted with parties within Swedish trade and industry, partly in order to assess the value and necessity of the content of this thesis.

Conclusion: The threat of an abolition of the unequal voting rights is not perceived as imminent by parties within Swedish trade and industry and few alternative resistance strategies are suggested. If current Swedish ownership structure is to be remained, the author proposes competition-reducing defenses, if a more open market for takeovers is aimed for, auction-inducing resistance strategies. The choice of how to proceed should depend on how afraid the Swedish Government and Swedish companies are of a change in present ownership structure.

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Huang, Jyun-wei, and 黃俊瑋. "THE PROPOSED RELATIONSHIP MARKETING MODEL AND PURCHASE INTENTION MODEL IN ON-LINE AUCTION SHOPPING WEBSITE: USING STRUCTURAL EQUATION MODELING." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/3w5gb9.

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碩士
南華大學
管理科學研究所
95
As the impacts about the maturity of Internet infrastructure and the increasing knowledge and understanding, on-line auction shopping websites have become widely accepted. Most past studies in how product cues can be used to evaluate products and relationship marketing have focused on physical environment, paid attention to virtual environment of on-line action shopping websites gradually. Drawing from product cues, perceived risk, perceived quality and relationship marketing theory, which were integrated, and empirically tested the resulting in proposed purchase intention model and relationship marketing model. 　 　　Equal allocation and purposive sampling were chosen. A total of 328 and 357 effective samples were collected in Taiwan Yahoo!kimo on-line auction shopping website. Structural Equation Modeling was applied to test the research hypotheses of this two models. The findings are summarized as follows: 1.The proposed purchase intention model and relationship marketing model fit on-line auction shopping website. 2.The reputation and structure bonds are the better factor for consumers to influence purchase intention and loyalty. 3.Perceived risks, perceived quality and Relationship quality are the excellent mediators. 　 　　Also, the conceptual framework of this study may provide some insights to the further research in this field.
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Praphul, Chandra *. "Incentive Design for Crowdfunding and Crowdsourcing Markets." Thesis, 2017. http://etd.iisc.ernet.in/2005/3594.

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With the ever-increasing trend in the number of social interactions getting intermediated by technology (the world wide web) as the backdrop, this thesis focuses on the design of mechanisms for online communities (crowds) which strive to come together, albeit in ad-hoc fashion, to achieve a social objective. Two examples of such web-based social communities which are of central concern in this thesis are crowdsourcing markets and crowdfunding platforms. For these settings which involve strategic human agents, we design mechanisms that incentivize contributions (effort, funds, or information) from the crowd and aggregate these contributions to achieve the specified objective. Our work is thus concerned with the challenge of designing mechanisms which encourage social coordination and cooperation among large groups of (of-ten) anonymous users to achieve group efficiency (social welfare). We address the following four related challenges: • Can we design mechanisms to solve the free-rider problem in public goods settings? Can large anonymous groups of individuals be incentivized to contribute to create public goods? • Can we design mechanisms that harness social networks to achieve coordination of contributions towards a public good to ensure that publicly desirable goods are successfully funded via private contributions? How do we make such mechanisms fair • Can we design mechanisms that improve the efficiency of markets by expanding the set of individuals who participate in the market? Can these individuals be incentivized to increase the group efficiency and, if so, at what cost? • Can we design mechanisms that make crowdsourcing markets more equitable by offering participation opportunities to novices and higher incentives to agents with high reliability? What is the price of reliability? Using mechanism design as the principal design tool, the thesis attempts to offer rigorous solutions to the above challenges
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Books on the topic "Auction proposer"

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Carlton, Ian. Transit infrastructure finance through station location auctions: A discussion of stakeholder concerns related to a proposed value capture mechanism. Berkeley, CA: University of California, Institute of Urban and Regional Development, 2008.

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Canada, Bank of, ed. Proposed revisions to the rules pertaining to auctions of Government of Canada securities and the Bank of Canada's surveillance of the auction process. [Ottawa]: The Bank, 1998.

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Canada, Bank of, ed. Proposed revisions to the rules pertaining to auctions of Government of Canada securities and the Bank of Canada's surveillance of the auction process. [Ottawa: Bank of Canada], 1998.

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New Zealand. Ministry of Economic Development. and New Zealand. Radio Spectrum and Broadcasting Policy Group., eds. Proposed auction of spectrum rights for WLL, LMDS & cellular services: Discussion document. Wellington [N.Z.]: Ministry of Economic Development, 2001.

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Resolution Trust Corporation: Proposed tax credit would add to government's cost of selling RTC assets : briefing report to congressional requesters. Washington, D.C: The Office, 1991.

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Resolution Trust Corporation: Proposed tax credit would add to government's cost of selling RTC assets : briefing report to congressional requesters. Washington, D.C: The Office, 1991.

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Book chapters on the topic "Auction proposer"

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Fukui, Hideo. "Real Estate and the Legal System of Japan." In New Frontiers in Regional Science: Asian Perspectives, 3–7. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-15-8848-8_1.

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AbstractIn Part I, entitled Real Estate and the Legal System, we analyze owner-unknown land issues, land acquisitions, and real estate auctions.The use and value of real estate such as land and buildings are significantly affected by public laws and regulations related to urban planning and construction, the environment, and taxation; for example, contract laws such as the Act on Land and Building Leases; private laws regulating torts, collateral enforcement, and so on; tax laws that regulate transfer taxes, ownership taxes, and transaction taxes; and regulations surrounding land use and urban infrastructure development. This paper discusses, therefore, the relationships between these laws and real estate, identifies problems in the laws associated with real estate in Japan, and proposes improvements.First, in recent years, owner-unknown land issues have become a serious concern in Japan. The Japanese registry does not always reflect the actual rightful owner, primarily because such registration is only a perfection requirement in civil law and registration involves a great deal of time and money. For example, because a large extent of land is registered to owners from nearly 100 years ago, it has changed hands many times through inheritance, which means that today, it is extremely difficult to determine the actual owner (inheritor) without spending a great deal of time and money. However, if the profits to be obtained from the land do not justify such expense, the land remains unused as “owner-unknown land.”Buying and selling land under Japanese civil law requires an agreement from all landowners including in the case of shared ownerships; therefore, even if the land has high returns, if it is “owner-unknown land,” it cannot be used effectively. With a focus on unknown-owner land, in this section, four writers provide multifaceted perspectives on the causes thereof, the defects in the current system, and the possible solutions.Eminent domain, the system which allows the acquisition of land against the land owner’s will for public projects, is widely institutionalized in many countries. It works to mitigate the owner-unknown land issues as far as lands are acquired by public projects.Further, real estate auctions are often held when liens are placed on land and/or residences for housing loan defaults. The Japanese civil auction system, which was institutionalized at the end of the nineteenth century, stipulates that a tenancy that is behind on a mortgage may resist a purchase unconditionally as long as the mortgage default period is within 3 years (short-term lease protection system/former Civil Code Article 395). This system was intended to avoid the unstable use of mortgaged properties and to promote the effective use of real estate; however, because the majority of users and the beneficiaries of this system were in fact anti-social groups, it was used to demand money unjustly from debtors and buyers, thus preventing the effective use of the mortgaged properties.When the protection of short-term leases was abolished in 2004, these types of interferences are said to have decreased drastically. However, successful bids for auctioned real estate properties continue to be lower than in general transactions. Therefore, here, we provide a quantitative analysis of these situations and propose further auction system improvements.Below, we introduce the outlines of each theory in Part I.
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Granada, Laura S., Fernanda N. Kazama, and Paulo B. Correia. "Combinatorial Reverse Auction to Coordinate Transmission and Generation Assets in Brazil: Conceptual Proposal Based on Integer Programming." In Operations Research Proceedings, 241–47. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-48439-2_29.

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Emiris, Dimitrios M., and Charis A. Marentakis. "A Unified Classification Ecosystem for Auctions." In Innovations in Information Systems for Business Functionality and Operations Management, 15–37. IGI Global, 2012. http://dx.doi.org/10.4018/978-1-4666-0933-4.ch002.

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Auctions have known considerable and continuous growth during the last decades due to their interesting properties in price formation when the value of goods traded is not known or varies. The systematic research in the area of auctions has advanced considerably since William Vickrey’s seminal paper on 1961. Although earlier research has been based mainly on Microeconomics and Games Theory, recent advances extended relevant research in Operational Research and Information Technology. Today, auctions and their applications form a challenging topic not only for economists but for operational researchers, marketers, logisticians and management engineers as well. This paper provides an overview of recent literature in auction theory, focusing on contemporary auction techniques and proposes an Auctions Classification Ecosystem (ACE) that encompasses previous works and new developments in the area. The proposed unified classification approach encompasses auction features and mechanism design parameters in a single scheme. This scheme facilitates the understanding of auction characteristics and supports auction practitioners in designing the appropriate format depending on the application requirements.
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Wang, Shouhong, and Diana Kao. "A Model for Monitoring and Enforcing Online Auction Ethics." In Information Security and Ethics, 4000–4013. IGI Global, 2008. http://dx.doi.org/10.4018/978-1-59904-937-3.ch270.

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The online auction has become an important form of e-commerce. Although using a different mode for conducting auction activities, online auctions should abide by the same code of ethics outlined in the face-to-face auction environment. Yet, ethics-related issues for online auctions have not been fully discussed in the current literature. The unique features of online auctions present an opportunity to address how ethical conduct could be supported, monitored, and enforced in an online auction environment. With technology being the backbone of the online auction, information systems appear to be a useful tool in facilitating ethics enforcement. This article summarizes ethics-related issues that are particularly relevant in online auctions, and recommends a code of ethics that could be applied to online auctions. Based on this set of ethics, this article proposes a model for an information system that will support and enhance ethical conduct in an online auction environment.
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Jureta, Ivan, Manuel Kolp, and Stéphane Faulkner. "Multi-Agent Patterns for Deploying Online Auctions." In Selected Readings on Electronic Commerce Technologies, 130–47. IGI Global, 2009. http://dx.doi.org/10.4018/978-1-60566-096-7.ch009.

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Today, a high volume of goods and services is being traded using online auction systems. The growth in size and complexity of architectures to support online auctions requires the use of distributed and cooperative software techniques. In this context, the agent software development paradigm seems appropriate for their modeling, development, and implementation. This article proposes an agent-oriented pattern analysis of best practices for online auctions. The patterns are intended to help both IT managers and software engineers during the requirement specification of an online auction system while integrating benefits of agent software engineering.
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Gumussoy, Cigdem Altin, and Bilal Gumussoy. "Acceptance of E-Reverse Auction From the Buyer Perspective." In Advanced Methodologies and Technologies in Business Operations and Management, 107–17. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-7362-3.ch008.

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E-reverse auction is an online, real-time dynamic auction between a buyer organization and a group of pre-qualified suppliers. There occurs a competitive environment, which can lead to great price reductions for the items auctioned. In addition, cycle-time savings for buyers and suppliers, growing markets, accessing to a larger pool of suppliers can be the other advantages. Using e-reverse auction also includes risks such as damaging supplier relationships and increasing the total cost of procurement. This leads to a resistance from internal users and suppliers in the use of e-reverse auction. In the chapter, a research model including risks and benefits of using e-reverse auction is proposed in order to understand the important factors in the decision to use e-reverse auction.
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Shu, Yun, Jian Yu, and Wei Qi Yan. "State Actor Model for Cloud-Based Online Auction." In Exploring Security in Software Architecture and Design, 170–88. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-6313-6.ch007.

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In recent decades, internet auctions have become the most significant e-commerce business model worldwide. With the rapid rise of cloud computing over the last few years, the legacy online auction platform is gradually being replaced using service-oriented cloud computing in real time. This chapter describes the design and implementation of a state and high-performance online auction system over cloud and proposes the methodology to provide persistent state records during the auction process so that we are able to ensure the reliability of submitted bid price and guarantee the security of price message in the delivery process. The authors employ actor-based applications to achieve stateful, parallel, and distributed architecture. Meanwhile, utilizing distributed databases provides secure and efficient data storage. To the best of the authors' knowledge, this is the first time that the actor framework has been applied to the online auction. The preliminary result is for implementation of high-performance and real-time bidding online auction.
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Kayed, Ahmad, and Robert M. Colomb. "Business-to-Business Electronic Commerce." In Internet Commerce and Software Agents, 231–50. IGI Global, 2001. http://dx.doi.org/10.4018/978-1-930708-01-3.ch013.

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While there are many proposals to automate the buying and selling process, there has been no actual attempt to automate the tendering process (sealed auction). This chapter contributes toward the steps to move in this direction. In this chapter, the benefits of an on-line tendering system are clarified, the tendering process is analyzed, the current attempts are surveyed, the competency of EDI and on-line auctions approach is criticized, and a framework solution is proposed.
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Kayed, Ahmad, and Robert M. Colomb. "Business-to-Business Electronic Commerce." In Business to Business Electronic Commerce, 147–73. IGI Global, 2002. http://dx.doi.org/10.4018/978-1-930708-09-9.ch008.

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While there are many proposals to automate the buying and selling process, there has been no actual attempt to automate the tendering process (sealed auction). This chapter contributes toward the steps to move in this direction. In this chapter, the benefits of an on-line tendering system are clarified, the tendering process is analyzed, the current attempts are surveyed, the competency of EDI and on-line auctions approach is criticized, and a framework solution is proposed.
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Yu, Hongyan, Srikanta Patnaik, Shenjia Ji, Liguo Jia, and Tengxiao Yang. "Design and Implementation of Multi-Agent Online Auction Systems in Cloud Computing." In Research Anthology on Architectures, Frameworks, and Integration Strategies for Distributed and Cloud Computing, 251–69. IGI Global, 2021. http://dx.doi.org/10.4018/978-1-7998-5339-8.ch012.

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Due to the high maintenance cost of traditional online auction system, poor load balance ability and down problems occurring in the peak value of system access, this paper aims to propose a solution to transit from traditional online auction system to cloud computing to get higher work efficiency, lower expenditure and less energy cost. The GAE platform is used to deploy application of the overall framework of online auction system in cloud computing, including development environment as well as online auction system components, and software architecture. The online auction negotiation algorithms in cloud computing are also proposed. Based on these key technologies, the business processes of the online auction system in cloud computing is designed, including users' login system, starting an auction, bidding processes, online auction data storage, and logout system. The online auction system constructed on GAE platform with cloud computing resources and storage ability can reduce the pressure of terminal equipment, which is more robust than traditional online auction system facing users' changeable needs in the process of online auction.
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Conference papers on the topic "Auction proposer"

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Wang, Chun, Weiming Shen, and Hamada Ghenniwa. "Negotiation in Agent Based Manufacturing Scheduling Using Auction Models." In ASME 2005 International Mechanical Engineering Congress and Exposition. ASMEDC, 2005. http://dx.doi.org/10.1115/imece2005-80905.

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This paper investigates issues in the application of auctions as negotiation mechanisms to agent based manufacturing scheduling. We model the negotiation environments that agents encounter as inter-enterprise environment and intra-enterprise environment. A formulation of intra-enterprise scheduling economy is presented. We proved that at price equilibrium, the solution computed by the agents in the economy is a Pareto optimal. AS our first attempt, we formally formulate automated auction configuration as an optimization problem. By solving the problem adaptive negotiation in multi-agent systems can be achieved. In addition to the theoretical models, we discussed various types of auction mechanisms and their applications to agent based manufacturing scheduling. Heuristics and procedures are proposed for solving the automated auction configuration problem. To validate the analysis and proposed approaches, as a case study, we apply the automated auction configuration heuristics and the procedure to an agent based shop floor scheduling environment. Experimental results show that the auction protocol selected by the proposed heuristics provides correct system functionalities. In addition, we compared the selected mechanism with other candidate mechanisms. We found that the selected one performs better in terms of reducing communication cost and improving solution quality.
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Feoktistov, A. G. "Tender of computational works in heterogeneous distributed environment." In The International Workshop on Information, Computation, and Control Systems for Distributed Environments. Crossref, 2020. http://dx.doi.org/10.47350/iccs-de.2020.09.

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Nowadays, applying various market-based methods for regulating supply and demand of resources for distributed computing is becoming increasingly relevant. In particular, different forms of standard auctions are actively used. However, their basic capabilities often do not enable to fully solve the complicated problems of resource allocation in a heterogeneous distributed computing environment. In this regard, a tender of computational works based on a combinatorial Vickrey auction has been designed. It is applied within multi-agent computing management. For the tender, new models are proposed to rank the criteria of resources owners and users. The tender use advantages are shown in comparison with traditional meta-schedulers.
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Li, Bin, Dong Hao, Dengji Zhao, and Makoto Yokoo. "Diffusion and Auction on Graphs." In Twenty-Eighth International Joint Conference on Artificial Intelligence {IJCAI-19}. California: International Joint Conferences on Artificial Intelligence Organization, 2019. http://dx.doi.org/10.24963/ijcai.2019/62.

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Auction is the common paradigm for resource allocation which is a fundamental problem in human society. Existing research indicates that the two primary objectives, the seller's revenue and the allocation efficiency, are generally conflicting in auction design. For the first time, we expand the domain of the classic auction to a social graph and formally identify a new class of auction mechanisms on graphs. All mechanisms in this class are incentive-compatible and also promote all buyers to diffuse the auction information to others, whereby both the seller's revenue and the allocation efficiency are significantly improved comparing with the Vickrey auction. It is found that the recently proposed information diffusion mechanism is an extreme case with the lowest revenue in this new class. Our work could potentially inspire a new perspective for the efficient and optimal auction design and could be applied into the prevalent online social and economic networks.
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Kokuryo, Daisuke, Yoshiaki Harada, Toshiya Kaihara, and Nobutada Fujii. "A Proposal of Resource Allocation Method Based on Combinatorial Double Auction Technique in Crowdsourced Manufacturing." In 2020 International Symposium on Flexible Automation. American Society of Mechanical Engineers, 2020. http://dx.doi.org/10.1115/isfa2020-9638.

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Abstract With the development of the IoT (Internet of Things), smart manufacturing system with cloud service and computing techniques has gained worldwide attention. Crowdsourced manufacturing system is a production styles that connects among different companies and factories to share the production resources. In this system, it is important to distribute resources appropriately to increase the productivity. In this proceeding, a resource allocation method based on combinatorial double auction technique is proposed. In the computational experiment, a characteristic of the proposed resource allocation method is evaluated.
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Deng, Yuan, Sébastien Lahaie, and Vahab Mirrokni. "Preferred Deals in General Environments." In Twenty-Eighth International Joint Conference on Artificial Intelligence {IJCAI-19}. California: International Joint Conferences on Artificial Intelligence Organization, 2019. http://dx.doi.org/10.24963/ijcai.2019/33.

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A preferred deal is a special contract for selling impressions of display ad inventory. By accepting a deal, a buyer agrees to buy a minimum amount of impressions at a fixed price per impression, and is granted priority access to the impressions before they are sent to an open auction on an ad exchange. We consider the problem of designing preferred deals (inventory, price, quantity) in the presence of general convex constraints, including budget constraints, and propose an approximation algorithm to maximize the revenue obtained from the deals. We then evaluate our algorithm using auction data from a major advertising exchange and our empirical results show that the algorithm achieves around 95% of the optimal revenue.
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Bachrach, Yoram, Ian Gemp, Marta Garnelo, Janos Kramar, Tom Eccles, Dan Rosenbaum, and Thore Graepel. "A Neural Network Auction For Group Decision Making Over a Continuous Space." In Thirtieth International Joint Conference on Artificial Intelligence {IJCAI-21}. California: International Joint Conferences on Artificial Intelligence Organization, 2021. http://dx.doi.org/10.24963/ijcai.2021/706.

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We propose a system for conducting an auction over locations in a continuous space. It enables participants to express their preferences over possible choices of location in the space, selecting the location that maximizes the total utility of all agents. We prevent agents from tricking the system into selecting a location that improves their individual utility at the expense of others by using a pricing rule that gives agents no incentive to misreport their true preferences. The system queries participants for their utility in many random locations, then trains a neural network to approximate the preference function of each participant. The parameters of these neural network models are transmitted and processed by the auction mechanism, which composes these into differentiable models that are optimized through gradient ascent to compute the final chosen location and charged prices.
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Torrinha, Pedro, Carlos E. Salgado, and Ricardo J. Machado. "A retrofitting auction service business model proposal within a smart city context." In 2018 Third International Conference on Fog and Mobile Edge Computing (FMEC). IEEE, 2018. http://dx.doi.org/10.1109/fmec.2018.8364077.

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Cheung, Yushing, Jae H. Chung, and Ketula Patel. "Semi-Autonomous Collaborative Control of Multi-Robotic Systems for Multi-Task Multi-Target Pairing." In ASME 2011 International Mechanical Engineering Congress and Exposition. ASMEDC, 2011. http://dx.doi.org/10.1115/imece2011-64699.

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In many applications, it is required that heterogeneous multi-robots are grouped to work on multi-targets simultaneously. Therefore, this paper proposes a control method for a single-master multi-slave (SMMS) teleoperator to cooperatively control a team of mobile robots for a multi-target mission. The major components of the proposed control method are the compensation for contact forces, modified potential field based leader-follower formation, and robot-task-target pairing method. The robot-task-target paring method is derived from the proven auction algorithm for a single target and is extended for multi-robot multi-target cases, which optimizes effect-based robot-task-target pairs based on heuristic and sensory data. The robot-task-target pairing method can produce a weighted attack guidance table (WAGT), which contains benefits of different robot-task-target pairs. With the robot-task-target pairing method, subteams are formed by paired robots. The subteams perform their own paired tasks on assigned targets in the modified potential field based leader-follower formation while avoiding sensed obstacles. Simulation studies illustrate system efficacy with the proposed control method.
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Barquin, Julian. "Energy auctions for regulated demand in the Iberian market: a proposal." In 2008 5th International Conference on the European Electricity Market (EEM 2008). IEEE, 2008. http://dx.doi.org/10.1109/eem.2008.4579009.

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Carano, Elena L., Shih-Yuan Liu, and J. Karl Hedrick. "Applying the Gale-Shapley Stable Matching Algorithm to Peer Human-Robot Task Allocation." In ASME 2014 Dynamic Systems and Control Conference. American Society of Mechanical Engineers, 2014. http://dx.doi.org/10.1115/dscc2014-5953.

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When human and robotic agents work together, the challenge in assigning tasks lies in exploiting human strengths, such as expertise and intuition, while still managing the heterogeneous agent team in a near-optimal way. An extension to the Gale-Shapley stable matching algorithm that combines a sequential greedy approach is proposed to apply to task allocation missions. Conventional task features are modeled in the form of task preferences; agent inputs are modeled in the form of agent preferences. The algorithm is applied to a bomb defusal scenario, where bomb location is known but time for each agent to defuse each bomb is supplied through agent preferences. Simulation results are presented, and the sequential greedy Gale-Shapley algorithm is compared to a corresponding sequential single-item auction algorithm under three evaluation criteria — mission completion time, agent-task pair regret, and evenness of task distribution among agents.
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