Procurement Sales with (Homogeneous and) Heterogeneous Goods

Abstract

Multi-sourcing is a common procurement practice, especially for key products with low total costs because of risk considerations. In this context often split award auctions are applied. We develop two different descending split award auctions where the auctioneer buys a bundle of four different products. Each of the items is bought through two lots each… (More)
DOI: 10.1109/CBI.2013.35

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Cite this paper

@article{Mayer2013ProcurementSW, title={Procurement Sales with (Homogeneous and) Heterogeneous Goods}, author={Stefan Karl Mayer and Lucas Louca}, journal={2013 IEEE 15th Conference on Business Informatics}, year={2013}, pages={190-197} }