Roadmap to auction-based negotiation protocols for electronic commerce

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

26 Scopus citations

Abstract

Economic mechanisms are used to determine the flow of resources in a supply chain and to achieve an efficient allocation of goods and services in networked economies. In order to choose the 'right' allocation mechanism for a certain situation it is important to know about the characteristics of different negotiation situations and the set of available mechanisms suitable in these situations. Over the past few years there has been an enormous interest of researchers in economics, computer science and game theory to develop advanced economic mechanisms for the creation of new types of electronic exchanges. Combinatorial auctions, multi-attribute auctions and multi-stage auctions are some of the approaches to extend the framework of mechanism design theory. In this paper we develop a classification scheme for negotiation situations in electronic commerce based on microeconomic theory. We describe classic mechanism design and auction theory, and classify old and new approaches in this field.

Original languageEnglish
Title of host publicationProceedings of the Hawaii International Conference on System Sciences
PublisherIEEE
Pages138
Number of pages1
ISBN (Print)0769504930
StatePublished - 2000
Externally publishedYes
EventThe 33rd Annual Hawaii International Conference on System Siences (HICSS-33) - Maui, USA
Duration: 4 Jan 20007 Jan 2000

Publication series

NameProceedings of the Hawaii International Conference on System Sciences
ISSN (Print)1060-3425

Conference

ConferenceThe 33rd Annual Hawaii International Conference on System Siences (HICSS-33)
CityMaui, USA
Period4/01/007/01/00

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