Configurable offers and winner determination in multi-attribute auctions


The theory of procurement auctions traditionally assumes that the offered quantity and quality is fixed prior to source selection. Multi-attribute reverse auctions allow negotiation over price and qualitative attributes such as color, weight, or delivery time. They promise higher market efficiency through a more effective information exchange of buyer s… (More)
DOI: 10.1016/j.ejor.2003.07.014


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