Modeling competitive bidding: a critical essay
Management Science
Optimal Dynamic Auctions for Revenue Management
Management Science
A Smart Market for Industrial Procurement with Capacity Constraints
Management Science
The Landscape of Electronic Market Design
Management Science
Generalized trade reduction mechanisms
Proceedings of the 8th ACM conference on Electronic commerce
Buyer's Efficient E-Sourcing Structure: Centralize or Decentralize?
Journal of Management Information Systems
Mobile opportunistic commerce: mechanisms, architecture, and application
Proceedings of the 7th international joint conference on Autonomous agents and multiagent systems - Volume 2
Supply Disruptions, Asymmetric Information, and a Backup Production Option
Management Science
Optimal procurement contract between contractor and supplier in large-scale projects
CCDC'09 Proceedings of the 21st annual international conference on Chinese control and decision conference
A review of research on e-marketplaces 1997-2008
Decision Support Systems
Proof systems and transformation games
MFCS'10 Proceedings of the 35th international conference on Mathematical foundations of computer science
An efficient reverse auction mechanism for limited supplier base
Electronic Commerce Research and Applications
A study on coordination of capacity allocation for different types of contractual retailers
Decision Support Systems
A simulation based supply partner selection decision support tool for service provision in Dell
Computers and Industrial Engineering
Proof systems and transformation games
Annals of Mathematics and Artificial Intelligence
How organizing visions influence the adoption and use of reverse auctions
Electronic Commerce Research
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We consider multiunit Vickrey auctions for procurement in supply chain settings. This is the first paper that incorporates transportation costs into auctions in a complex supply network. We first introduce an auction mechanism that makes simultaneous production and transportation decisions so that the total supply chain cost is minimized and induces truth telling from the suppliers. Numerical study shows that considerable supply chain cost savings can be achieved if production and transportation costs are considered simultaneously. However, the buyer's payments in such auctions can be high. We then develop a new Vickrey-type auction that incorporates the buyer's reservation price function into quantity allocation and payment decision. As a result, the buyer has some control over his payments at the expense of introducing uncertainty in the quantity acquired in the auction.