An interactive approach for bi attribute multi item auctions under quasiconvex preference functions

2015-08-07
The advances in the technological infrastructure and in the Internet led electronic auctions to become popular. With online sites, people buy/sell inexpensive products/services through auctions. In this paper, we develop an interactive approach that provides aid to both the buyer and the bidders in a bi-attribute, multi-item auction environment. Our approach is applicable for both reverse and forward auctions. We test our approach for underlying linear preference functions of the buyer. We also adapt it as a heuristic for the case the buyer has a nonlinear preference function. The test results show that our approach works well.
23rd International Conference on MCDM ( 3 - 07 Ağustos 2015)

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Citation Formats
G. Karakaya, “An interactive approach for bi attribute multi item auctions under quasiconvex preference functions,” presented at the 23rd International Conference on MCDM ( 3 - 07 Ağustos 2015), 2015, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/83042.