Auction models are found efficient in managing resources allocation, which is a key technology in grid computing system. In this paper, a new reverse auction approach is proposed, and its mechanism and related auction algorithm are designed. In our approach, the grid trading service, i.e., an intelligent entity, uses this auction algorithm to estimate the resource user’s satisfaction degree and...

Auctioning multi-dimensional items is a key challenge, which requires rigorous tools. This study proposes a multi-round, first-score, semi-sealed multi-attribute reverse auction system. A fundamental concern in multiattribute auctions is acquiring a useful description of the buyers’ individuated requirements: hard constraints and qualitative preferences. To consider real requirements, we expres...

The use of e-Auction services has been increasing in recent years. Security requirements in conducting eAuctions are mainly bid privacy, anonymity and public verifiability. Most of the secure protocols concentrate on privacy and anonymity, which are achieved through bidder-resolved multi-party computation, assuming two or more trusted third parties, either through numerous auctioneers or with a...

In most electronic auctions conducted over the Internet today price is still the only decision criteria for the best bid. This is true for all sorts of auctions in the electronic business areas consumer-to-consumer (c2c), business-toconsumer (b2c), and business-to-business (b2b). Especially for many situations in the b2b area there are other important attributes apart from price to be considere...

Auctions are a fundamental mechanism to automating negotiations in electronic commerce. We investigate multi-attribute auctions, an economic mechanism, which automates negotiation on multiple attributes of a deal. In this approach, we combine decision analysis techniques and single-sided auction mechanisms in order to procure goods and services. The paper describes an experimental analysis of m...

Multi-attribute reverse auction-based procurement has been widely used by large organizations. The attributes of the auctioned objects are usually divided into two groups: technical and business attributes. They are reviewed and scored by technical and business experts who act as referees in the bid evaluation process. To analyze their bid evaluation behavior, we built a model for a multi-attri...

Multi Attributes Procurement Auction is a well known solution for negotiation between sellers and buyers. Seller wants to sell the product with more prices while buyer wants to buy the product with fewer prices. This problem has been analyzed by game theory approach and one optimal solution is achieved for the seller and the buyer with this assumption that the seller knows the exact value of th...

In this paper we consider an extension of the traditional auction mechanism, the multi-attribute auction, which enables negotiation on several attributes in addition to the price of the item. In particular, we consider a procurement auction in which the buyer is the auctioneer and the sellers are the bidders. Such domains include auctions on task allocation, services, etc. We focus on three auc...

In this paper, we develop a secure multi-attribute procurement auction, in which a sales item is defined by several attributes called qualities, the buyer is the auctioneer (e.g., a government), and the sellers are the bidders. We first present a Vickrey-type protocol that can be used for multi-attribute procurement auctions. Next, we show how this protocol can be executed securely. key words :...

This study seeks to better understand bidding decision support in multi-attribute reverse auctions. It views bidding as a decision making process and attempts to determine how tools that aid different stages of the decision making process affect the quality of the bids submitted. Two experiments reveal that decision support tools that impact all the stages of a bidder's decision making process ...