Multi-attribute online reverse auctions: Recent research trends

نویسندگان

Long Pham

Jeffrey E. Teich

Hannele Wallenius

Jyrki Wallenius

چکیده

This paper provides an updated overview of the rapidly developing research field of multi-attribute online reverse auctions. Our focus is on academic research, although we briefly comment on the state-of-the-art in practice. The role that Operational Research plays in such auctions is highlighted. We review decisionand game-theoretic research, experimental studies, information disclosure policies, and research on integrating and comparing negotiations and auctions.We conclude by discussing implementation issues regarding online procurement auctions in practice. © 2014 Elsevier B.V. All rights reserved.

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