Auctioning transformable goods

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.

• Type: Conference
• Year: 2006
• Where: ATAL
• Authors: Andrea Giovannucci, Juan A. Rodríguez-Aguilar, Jesús Cerquides
• Keywords: ATAL 2006, Combinatorial Reverse Auctions, Intelligent Agents, Multiunit Combinatorial Reverse, Transformation Cost