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Benefits of combinatorial auctions with transformability relationships

AuthorsGiovannucci, Andrea; Cerquides, Jesús ; Rodríguez-Aguilar, Juan Antonio
KeywordsTranformability relationships
Combinatorial auctions
Issue Date2006
PublisherIOS Press
CitationFrontiers in Artificial Intelligence and Applications 141: 717- 718 (2006)
AbstractIn 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. Furthermore, we empirically identify the market conditions under which it is worth for the auctioneer/buyer to exploit transformability relationships. © 2006 The authors.
Identifiersissn: 0922-6389
isbn: 978-158603642-3
Appears in Collections:(IIIA) Comunicaciones congresos
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