To build a new bidding model of multi-attribute online auctions, this paper introduces the concepts of multi-type attribute and nonlinear function. The model can measure the effect of the attributes in auctions by adopting the normalized method of weighting and it will set the stage for the purchasers to evaluate suppliers in the procurement management. Furthermore, this paper developed an appl...

Multi Attributes Procurement Auction is a well known solution for negotiation between sellers and buyers. Seller wants to sell the product with more prices while buyer wants to buy the product with fewer prices. This problem has been analyzed by game theory approach and one optimal solution is achieved for the seller and the buyer with this assumption that the seller knows the exact value of th...

The use of e-Auction services has been increasing in recent years. Security requirements in conducting eAuctions are mainly bid privacy, anonymity and public verifiability. Most of the secure protocols concentrate on privacy and anonymity, which are achieved through bidder-resolved multi-party computation, assuming two or more trusted third parties, either through numerous auctioneers or with a...

Auction models are found efficient in managing resources allocation, which is a key technology in grid computing system. In this paper, a new reverse auction approach is proposed, and its mechanism and related auction algorithm are designed. In our approach, the grid trading service, i.e., an intelligent entity, uses this auction algorithm to estimate the resource user’s satisfaction degree and...

The vast majority of electronic markets have been based purely on a single variable (price) as the factor that determines ‘the winner’. Multi-attribute auctions are likely to be more appropriate for procurement scenarios where factors other than price need to be considered in determining the outcome. Nevertheless, there is a scarcity of empirical research on multi-attribute electronic auctions....

Auctions are a fundamental mechanism to automate negotiations in electronic commerce. We consider a class of multi-lateral negotiation situations, which requires negotiation on multiple attributes of a deal. These situations are typical for corporate procurement. Current auction implementations do not support these negotiations adequately. In the paper we propose multi-attribute auctions, an ec...

Proving the incentive compatibility of an auction mechanism is always a hard but essential work in auction mechanism design. In this paper we discuss the strategy proofness of a multi-attribute auction mechanism using three different approaches: the analysis of the mechanism properties, a mathematical analysis to determine if agents can take advantage of dishonest strategies and the use of simu...