Kombinatorische Auktionen in der betrieblichen Beschaffung: Eine Analyse grundlegender Entwurfsprobleme

Translated title of the contribution: An analysis of design problems in combinatorial procurement auctions

Martin Bichler, Alexander Pikovsky, Thomas Setzer

Research output: Contribution to journalReview articlepeer-review

12 Scopus citations

Abstract

Combinatorial auctions are promising auction formats for industrial and public procurement. Potential advantages of using combinatorial auctions include decreased overall spend, low transaction costs for multi-item negotiations, fairness and market transparency for suppliers, as well as high allocative efficiency. A number of fundamental design considerations are relevant to the application of combinatorial auctions in procurement. In addition, procurement specialists need to consider several domain-specific requirements, such as additional side constraints as well as alternative multidimensional bid types.

Translated title of the contributionAn analysis of design problems in combinatorial procurement auctions
Original languageGerman
Pages (from-to)126-134
Number of pages9
JournalWirtschaftsinformatik
Volume47
Issue number2
DOIs
StatePublished - 2005

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