As an alternative to the price-based traditional auction model, the multi-attribute auction model is an integrated model requiring the simultaneous trade of different types of attributes as the sellers and buyers deal. As a result, the design and modeling of the auction mechanism have become very difficult. This paper proposes a multiattribute auction model using the dominance-based rough sets ...

Multi-attribute auctions allow agents to sell and purchase goods and services taking into account more attributes besides the price (e.g. service time, tolerances, qualities, etc.). In this paper we analyze attributes involved during the auction process and propose to classify them between verifiable attributes, unverifiable attributes and auctioneer provided attributes. According to this class...

In this paper we propose the double auction allocation models for computational grids, and two double auction algorithms for resource allocation: Single Price Double Auction algorithm (SPDA), and Multiple Attribute Double Auction algorithm (MADA). The fairness and comprehensive performance are introduced into the traditional double auction models to evaluate impact of price, speed and storage o...

The emergence of auction that supports bids characterized by several attributes is one of the most recent evolutions within auction theory. This paper introduces the multi-attribute and transaction cost into the on-line auction, proposed by Lavi and Nisan. Different from the traditional on-line auction, the buyer makes decision only based on the bids, when each bidder comes one by one. We propo...

Auctioning multi-dimensional items is a key challenge, which requires rigorous tools. This study proposes a multi-round, first-score, semi-sealed multi-attribute reverse auction system. A fundamental concern in multiattribute auctions is acquiring a useful description of the buyers’ individuated requirements: hard constraints and qualitative preferences. To consider real requirements, we expres...

Multi-attribute auctions (also called multidimensional auctions) facilitate negotiations based on multiple attributes, thus escape from the standard price-only domain into a rich multidimensional domain that can comprise additional attributes like e.g. guarantee conditions or quality. Most multi-attribute preference models used in auction mechanisms are based on a ranking derived from weighted ...

In most electronic auctions conducted over the Internet today price is still the only decision criteria for the best bid. This is true for all sorts of auctions in the electronic business areas consumer-to-consumer (c2c), business-toconsumer (b2c), and business-to-business (b2b). Especially for many situations in the b2b area there are other important attributes apart from price to be considere...