Publications

Auctioning transformable goods

Publication Type:

Conference Paper

Authors:

Andrea Giovannucci; Juan A. Rodríguez-Aguilar; Jesús Cerquides

Source:

Fiftth International Joint Conference on Autonomous Agents and Multi-agent Systems, p.893-895 (2006)

Abstract:

In this paper we explore whether an auctioneer/buyer may benefit from introducing his transformability relationships (some goods can be transformed into others at a transformation cost) into multiunit combinatorial reverse auctions. Thus, we quantitatively assess the potential savings the auctioneer/buyer may obtain with respect to combinatorial reverse auctions that do not consider tranformability relationships.

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