TitleAuctioning transformable goods
Publication TypeConference Paper
Year of Publication2006
AuthorsGiovannucci A, Rodríguez-Aguilar JA, Cerquides J
Conference NameFiftth International Joint Conference on Autonomous Agents and Multi-agent Systems

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 multiunit 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.