|Title||Bene?ts of combinatorial auctions with transformability relationships|
|Publication Type||Conference Paper|
|Year of Publication||2006|
|Authors||Giovannucci A, Rodríguez-Aguilar JA|
|Conference Name||Proceedings of the 17th European Conference on Artificial Intelligence (ECAI 2006)|
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 multi-unit 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. Furthermore, we empirically identify the market conditions under which it is worth for the auctioneer/ buyer to exploit transformability relationships.
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