Winner determination in combinatorial auction generalizations
Proceedings of the first international joint conference on Autonomous agents and multiagent systems: part 1
Multi-unit combinatorial reverse auctions with transformability relationships among goods
WINE'05 Proceedings of the First international conference on Internet and Network Economics
Multi-unit combinatorial reverse auctions with transformability relationships among goods
WINE'05 Proceedings of the First international conference on Internet and Network Economics
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In this paper we explore whether an auctioneer/buyer may benefit from introducing his transformability relationships (some goods can be transformed into others at a transformation cost) into multi-unit combinatorial reverse auctions. Thus, we quantitatively assess the potential savings the auctioneer/buyer may obtain with respect to combinatorial reverse auctions that do not consider tranformability relationships.