auctions have been as a competitive method of buying and selling valuable or rare items for a long time. single-sided auctions in which participants negotiate on a single attribute (e.g. price) are very popular. double auctions and negotiation on multiple attributes create more advantages compared to single-sided and single-attribute auctions. nonetheless, this adds the complexity of the auctio...

The procurement decision problem of divisible goods is investigated, and an optimization decision method for procuring a kind of divisible goods (such as coal, oil, electricity, gas, etc.) is presented based on multi-attribute auction. Firstly, the procurement decision problem of divisible goods is converted into a multi-attribute auction of divisible goods. Correspondingly, several important a...

Auctions are a fundamental mechanism to automating negotiations in electronic commerce. We investigate multi-attribute auctions, an economic mechanism, which automates negotiation on multiple attributes of a deal. In this approach, we combine decision analysis techniques and single-sided auction mechanisms in order to procure goods and services. The paper describes an experimental analysis of m...

In this paper we consider an extension of the traditional auction mechanism, the multi-attribute auction, which enables negotiation on several attributes in addition to the price of the item. In particular, we consider a procurement auction in which the buyer is the auctioneer and the sellers are the bidders. Such domains include auctions on task allocation, services, etc. We focus on three auc...

The effects of preference revelation on allocational and Pareto efficiency are studied in a multi-attribute reverse English auction. Multi-attribute reverse auctions have been proposed as market institutions for electronic request for quotation buying processes. Preference revelation is a crucial question in multi-attribute reverse auctions in terms of the efficiency of auction outcomes. Result...

In this paper, we develop a secure multi-attribute procurement auction, in which a sales item is defined by several attributes called qualities, the buyer is the auctioneer (e.g., a government), and the sellers are the bidders. We first present a Vickrey-type protocol that can be used for multi-attribute procurement auctions. Next, we show how this protocol can be executed securely. key words :...

As an old price-discovering mechanism, auction entered the economics literature relatively recently. The full flowering of theory came only at the end of the 1970s. But this old mechanism plays a significant role in the Internet era. The development of e-commerce has given auction newfound vitality. Meanwhile, e-auction is rapidly becoming a new business mode. But in the area of b2b e-business,...

Multi-attribute auctions play a very important role in our economy: (i) they are widely used in industry procurement; (ii) many markets for services are organized in a form reminiscent of private multi-attribute auctions; (iii) recently many Internetbased markets adopted multi-attribute structure. Multi-attribute auctions differ from standard low price auctions in that (a) a buyer chooses a win...

Auction models and protocols are found efficient in managing resources allocation, which are a key technology in grid computing system. In this paper, a new multi-attribute multi-round reverse auction is proposed, and related reverse auction based protocols are designed. The resource user’s satisfaction degree is introduced into the traditional grid resource allocation problem to help the grid ...