Analysis of Incentive Compatible Decisions in a Multicriteria Auction

An iterative multicriteria closed-auction conducted with the use of a multi-agent computer-based system is analyzed. This system supports the submission of offers, multicriteria analysis carried out by the organizer of the auction, simulation, and analysis of the behavior of competing bidders. Analy...

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Main Authors:	Lech Kruś, Jan Skorupiński, Eugeniusz Toczyłowski
Format:	Article
Language:	English
Published:	Wrocław University of Science and Technology 2013-01-01
Series:	Operations Research and Decisions
Online Access:	http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1096

id	doaj-f3ac55c0d82f48fd9f91b5aca0a95263
record_format	Article
spelling	doaj-f3ac55c0d82f48fd9f91b5aca0a952632020-11-24T22:27:24ZengWrocław University of Science and TechnologyOperations Research and Decisions2081-88582391-60602013-01-01vol. 23no. 32333171278845Analysis of Incentive Compatible Decisions in a Multicriteria AuctionLech Kruś0Jan Skorupiński1Eugeniusz Toczyłowski2Polish Academy of SciencesWarsaw University of Technology, PolandWarsaw University of Technology, PolandAn iterative multicriteria closed-auction conducted with the use of a multi-agent computer-based system is analyzed. This system supports the submission of offers, multicriteria analysis carried out by the organizer of the auction, simulation, and analysis of the behavior of competing bidders. Analysis of incentive compatible decisions is the main subject of this research. A mathematical formulation of the decision making problem and selected results of a bidding session conducted using this system are presented and analyzed. (original abstract)http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1096
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Lech Kruś Jan Skorupiński Eugeniusz Toczyłowski
spellingShingle	Lech Kruś Jan Skorupiński Eugeniusz Toczyłowski Analysis of Incentive Compatible Decisions in a Multicriteria Auction Operations Research and Decisions
author_facet	Lech Kruś Jan Skorupiński Eugeniusz Toczyłowski
author_sort	Lech Kruś
title	Analysis of Incentive Compatible Decisions in a Multicriteria Auction
title_short	Analysis of Incentive Compatible Decisions in a Multicriteria Auction
title_full	Analysis of Incentive Compatible Decisions in a Multicriteria Auction
title_fullStr	Analysis of Incentive Compatible Decisions in a Multicriteria Auction
title_full_unstemmed	Analysis of Incentive Compatible Decisions in a Multicriteria Auction
title_sort	analysis of incentive compatible decisions in a multicriteria auction
publisher	Wrocław University of Science and Technology
series	Operations Research and Decisions
issn	2081-8858 2391-6060
publishDate	2013-01-01
description	An iterative multicriteria closed-auction conducted with the use of a multi-agent computer-based system is analyzed. This system supports the submission of offers, multicriteria analysis carried out by the organizer of the auction, simulation, and analysis of the behavior of competing bidders. Analysis of incentive compatible decisions is the main subject of this research. A mathematical formulation of the decision making problem and selected results of a bidding session conducted using this system are presented and analyzed. (original abstract)
url	http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1096
work_keys_str_mv	AT lechkrus analysisofincentivecompatibledecisionsinamulticriteriaauction AT janskorupinski analysisofincentivecompatibledecisionsinamulticriteriaauction AT eugeniusztoczyłowski analysisofincentivecompatibledecisionsinamulticriteriaauction
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Analysis of Incentive Compatible Decisions in a Multicriteria Auction

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