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Adaptative Strategies for Multicriteria Auctions: an Empirical Study

hal.structure.identifieremlyon business school [EM]
dc.contributor.authorBrigui-Chtioui, Imène
hal.structure.identifierLaboratoire de Recherche en Informatique [LRI]
dc.contributor.authorCaillou, Philippe
hal.structure.identifierLaboratoire d'analyse et modélisation de systèmes pour l'aide à la décision [LAMSADE]
dc.contributor.authorPinson, Suzanne
dc.date.accessioned2023-01-13T20:01:27Z
dc.date.available2023-01-13T20:01:27Z
dc.date.issued2022
dc.identifier.urihttps://basepub.dauphine.psl.eu/handle/123456789/23724
dc.language.isoenen
dc.subjectDecision modelsen
dc.subjectAutomated auctionsen
dc.subjectMultiagent systemsen
dc.subjectBidding strategiesen
dc.subject.ddc003en
dc.titleAdaptative Strategies for Multicriteria Auctions: an Empirical Studyen
dc.typeChapitre d'ouvrage
dc.description.abstractenIn this paper, we propose bidding strategies for conducting automated reverse auctions based on a non-compensatory multicriteria model. We conduct an empirical multiagent study in order to appreciate the relevance of the proposed strategies. In this type of auction and in order to ensure ascending process evolution, the design of such automated systems often uses a fixed bid increment representing the minimum amount by which a bidder must improve on the current best bid. This article suggests adjusting the bid increment as the auction process goes on. To this end, we propose buyer counterproposal which ensures an acceptable solution at any given time. To this end, we refer to the auction context based on the number of remaining suppliers or the remaining time at each process step. We also present and demonstrate some interesting properties of the proposed algorithm. Finally, we provide an empirical study that compares a fixed-increment strategy to our proposed strategies on the basis of a variation of different auction settings.en
dc.identifier.citationpages174-184en
dc.relation.ispartoftitleLectures Notes on Networks and Systemsen
dc.relation.ispartofpublnameSpringeren
dc.relation.ispartofdate2022-11
dc.relation.ispartofpages580en
dc.subject.ddclabelRecherche opérationnelleen
dc.relation.ispartofisbn978-3-031-13149-3en
dc.relation.forthcomingnonen
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dc.description.readershiprechercheen
dc.description.audienceInternationalen
dc.date.updated2022-10-21T08:32:48Z
hal.export.arxivnonen
hal.export.pmcnonen
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