Using WS-coordination and semantic messaging in implementing reverse combinatorial auctions

  • Authors:
  • Juha Puustjärvi

  • Affiliations:
  • University of Helsinki, Finland

  • Venue:
  • Proceedings of the 13th International Conference on Information Integration and Web-based Applications and Services
  • Year:
  • 2011

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Abstract

Electronic auction is a system for accepting bids from bidders and computing a set of trades based on the offers according to a well defined auction policy. Similar to other business transactions most auction processes must be atomic; otherwise the auction system does not work according to the rules of the auction, i.e., correctly. In this paper, we describe how we have used WS-Coordination specification in implementing a protocol, which carries out transactional negotiation process required by Reverse Combinatorial Auctions. Such auctions are used when due to complementarities or substitution effects buyers or sellers have preferences not just for particular items but also for sets or bundles of items. We also consider our developed auction ontology, which gives the semantics for the exchanged messages. Through semantic messaging we can achieve open, easily maintainable and extensible auction systems.