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» Auctions for structured procurement
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SODA
2008
ACM
109views Algorithms» more  SODA 2008»
13 years 6 months ago
Auctions for structured procurement
This paper considers a general setting for structured procurement and the problem a buyer faces in designing a procurement mechanism to maximize profit. This brings together two a...
Matthew Cary, Abraham D. Flaxman, Jason D. Hartlin...
CACM
2006
97views more  CACM 2006»
13 years 5 months ago
Software frameworks for advanced procurement auction markets
Traditional auctions such as the English and first-price sealed-bid auctions have been adopted as another tool for procurement negotiations. Throughout the past decade many new auc...
Martin Bichler, Jayant Kalagnanam

Publication
325views
15 years 3 months ago
An Optimal Multi-Unit Combinatorial Procurement Auction with Single Minded Bidders
Abstract: The current art in optimal combinatorial auctions is limited to handling the case of single units of multiple items, with each bidder bidding on exactly one bundle (singl...
Sujit Guajr, Y Narahari
DA
2010
82views more  DA 2010»
13 years 5 months ago
Procurement Auctions for Differentiated Goods
: We consider two mechanisms to procure differentiated goods: the request for quote and an English auction with bidding credits. In the request for quote, each seller submits a pri...
Jason Shachat, J. Todd Swarthout
ANOR
2008
106views more  ANOR 2008»
13 years 5 months ago
Application of multi-dimensional procurement auction in single-period inventory models
Procurement is one of the major activities in the Manufacturing Resource Planning (MRP II), which is closely coupled with inventory management. Any improvement in this area will h...
Pooya Farahvash, Tayfur Altiok