KMS Of Academy of mathematics and systems sciences, CAS
aweightedproductmethodforbiddingstrategiesinmultiattributeauctions | |
Shouyang WANG1; Kin Keung LAI2; Mingxi WANG1; Shulin LIU3 | |
2010 | |
发表期刊 | journalofsystemsscienceandcomplexity |
ISSN | 1009-6124 |
卷号 | 000期号:001页码:194 |
摘要 | To eliminate computational problems involved in evaluating multi-attribute bids with different measures, this article first normalizes each individual component of a bid, and then makes use of the weighted product method to present a new scoring function that converts each bid into a score. Two kinds of multi-attribute auction models are introduced in terms of scoring rules and bidding objective functions. Equilibrium bidding strategies, procurer's revenue comparisons and optimal auction design are characterized in these two models. Finally, this article discusses some improvement of robustness of our models, with respect to the assumptions. |
语种 | 英语 |
文献类型 | 期刊论文 |
条目标识符 | http://ir.amss.ac.cn/handle/2S8OKBNM/40649 |
专题 | 系统科学研究所 |
作者单位 | 1.中国科学院数学与系统科学研究院 2.香港城市大学 3.对外经济贸易大学 |
推荐引用方式 GB/T 7714 | Shouyang WANG,Kin Keung LAI,Mingxi WANG,et al. aweightedproductmethodforbiddingstrategiesinmultiattributeauctions[J]. journalofsystemsscienceandcomplexity,2010,000(001):194. |
APA | Shouyang WANG,Kin Keung LAI,Mingxi WANG,&Shulin LIU.(2010).aweightedproductmethodforbiddingstrategiesinmultiattributeauctions.journalofsystemsscienceandcomplexity,000(001),194. |
MLA | Shouyang WANG,et al."aweightedproductmethodforbiddingstrategiesinmultiattributeauctions".journalofsystemsscienceandcomplexity 000.001(2010):194. |
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