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...

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 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...

In a multi-attribute combinatorial double auction (MACDA), sellers and buyers’ preferences over multiple synergetic goods are best satisfied. In recent studies in MACDA, it is typically assumed that bidders must know the desired combination (and quantity) of items and the bundle price. They do not address a package combination which is the most desirable to a bidder. This study presents a new p...

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...

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...

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,...