Knowledge-Driven Selection of Market Mechanisms in E-Procurement

نویسندگان

  • Dirk Neumann
  • Carsten Block
  • Christof Weinhardt
  • Yücel Karabulut
چکیده

The variety of procurement mechanisms present in the today’s e-procurement landscape ranging from electronic catalogue systems over e-negotiations to e-auctions, points at the fact that there exists no single best solution for all sourcing activities. Each mechanism rather has certain advantages and disadvantages. The discipline of economics has traditionally been devoted to the study of markets and market mechanisms. The fundamental lesson learned from economics is that even small changes in the exchange mechanisms can have considerable impact on the outcome. Stated differently, if the market engineer intends to attain a certain mechanism outcome (e.g., efficiency, fairness, revenue maximization), he can define the mechanism in a way that it induces the right incentives for market participants to act as desired in order to achieve the envisioned outcome. Unfortunately, a comprehensive system that combines all relevant design aspects into one single knowledge-based decision support system is missing. The main contribution of this paper is to develop such a system that guides the design of procurement mechanisms by prescribing mechanism formats using an adapted case-based reasoning algorithm. The knowledge-based system, KMS, is implemented in a web application as a proof-of-concept.

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تاریخ انتشار 2007