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作者:Caplice, Chris
作者单位:Massachusetts Institute of Technology (MIT)
摘要:A wide variety of electronic marketplace formats are used in the Truckload (TL) transportation industry, including combinatorial auctions, private and public exchanges, and electronic catalogs. Combinatorial multi-attribute auctions are commonly used strategically to populate electronic catalogs, commonly called routing guides, with pricing, assignments, and priority logic. Private and public exchanges are used to complement the electronic catalogs in cases where the catalog fails. This paper ...
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作者:Elmaghraby, Wedad
作者单位:University System of Maryland; University of Maryland College Park
摘要:The paper presents a survey of current industry practices in designing and running auctions as part of e-sourcing events. We report our findings from numerous interviews with auction makers in leading e-sourcing application vendors. The differences between auction theory and auction practice pose a number of interesting and important research questions for the Operations Management community; we conclude with a discussion of lessons learned and open research questions.
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作者:Rothkopf, Michael H.; Whinston, Andrew B.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Texas System; University of Texas Austin
摘要:Electronic auctions have revolutionized procurement in the last decade. In many situations, they have replaced negotiations for supplier selection and price setting. while they have often greatly reduced transaction costs and increased competition, they have also encountered problems and resistance from suppliers resenting their intrusion on cooperative supplier/buyer relationships. In response to these issues, procurement auctions have evolved in radical new directions. Buyers use business ru...
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作者:Schvartzman, L. Julian; Wellman, Michael P.
作者单位:University of Michigan System; University of Michigan
摘要:We study multiunit double auctions accepting bids with indivisibility constraints. Modeling the auction problem as a Multiple Choice Knapsack Problem and using dynamic programming, we show that incremental computations during bid processing can speed the handling of key auction operations such as clearing and quoting. We propose different price-quote policies and study their influence on the efficiency of market-based allocation. Using a reconfigurable manufacturing scenario where agents trade...
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作者:Mithas, Sunil; Jones, Joni L.
作者单位:University System of Maryland; University of Maryland College Park; State University System of Florida; University of South Florida
摘要:Although the initial euphoria about Internet-enabled reverse auctions has given way to a cautious but widespread use of reverse auctions in business-to-business (13213) procurement, there is a limited understanding of the effect of auction design parameters on buyer surplus. In this paper, we study the effect of bidding competition, information asymmetry, reserve price, bid decrement, auction duration, and bidder type on buyer surplus. We collected field data on more than 700 online procuremen...
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作者:Heydenreich, Birgit; Muller, Rudolf; Uetz, Marc
作者单位:Maastricht University
摘要:We survey different models, techniques, and some recent results to tackle machine scheduling problems within a distributed setting. In traditional optimization, a central authority is asked to solve a (computationally hard) optimization problem. In contrast, in distributed settings there are several agents, possibly equipped with private information that is not publicly known, and these agents must interact to derive a solution to the problem. Usually the agents have their individual preferenc...