Object

Title: Mechanisms of Multicriteria Auctions, Some Remarks

Subtitle:

Raport Badawczy = Research Report ; RB/42/2013

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Description:

24 pages ; 21 cm ; Bibliography p. 24

Abstract:

In this paper mechanisms of multicriteria auctions are discussed including elements of decision support of the auction organizer as well as bidders. The mechanisms are considered in the context of incentive compatible decisions. Using domination relations formulated in the space of criteria, different rules describing improvement of offers in successive rounds of an auction process are analyzed. The general discussion is illustrated by an example of an iterative multicriteria closed-bidding auction conducted with the use of a multi-agent computer-based system. The system supports submission of offers, multicriteria analysis made by an organizer of the bidding auction, simulation and analysis of competing bidders’ behavior. Experimental results of sessions conducted with use of the system are presented and analyzed.

Relation:

Raport Badawczy = Research Report

Resource Identifier:

oai:rcin.org.pl:110585 ; oai:rcin.org.pl:110585

Source:

RB-2013-42

Language:

eng

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Systems Research Institute of the Polish Academy of Sciences

Original in:

Library of Systems Research Institute PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

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