Academic Journal

Mechanism Design of Unknown Bidding Preference and Discrete Cost Structure in Multi-Attribute Reverse Auctions

التفاصيل البيبلوغرافية
العنوان: Mechanism Design of Unknown Bidding Preference and Discrete Cost Structure in Multi-Attribute Reverse Auctions
المؤلفون: Xiaohu Qian, Min Huang, Loo Hay Lee, Xingwei Wang, Shanshan Tang
المصدر: IEEE Access, Vol 7, Pp 68540-68556 (2019)
بيانات النشر: IEEE, 2019.
سنة النشر: 2019
المجموعة: LCC:Electrical engineering. Electronics. Nuclear engineering
مصطلحات موضوعية: Bidding preference, bi-level distributed decision making, discrete cost structure, negotiation, multi-attribute reverse auction, Electrical engineering. Electronics. Nuclear engineering, TK1-9971
الوصف: This paper studies a multi-attribute reverse auction in which one manufacturer/buyer purchases multi-unit identical components/goods from a group of capacity-constrained suppliers considering the procurement cost and delivery time. The unknown bidding preference and the discrete cost structure are particularly investigated. Constructing a bi-level distributed decision-making model, a novel iterative multi-attribute reverse auction mechanism embedding negotiation is proposed to improve the procurement efficiency under the decision-making framework. Specifically, in the upper level, the buyer determines the optimal allocation by solving the winner determination problem. To induce suppliers to adjust their delivery times, three guiding strategies are proposed, i.e., the guiding strategy based on the deviation of delivery time (GDD), the guiding strategy based on the deviation of objective function value (GDF), and the guiding strategy randomly based on the deviation of objective function value (GRDF). In the lower level, suppliers adopt the concession strategies for determining the bid price and delivery time in response to the buyer's feedback. The numerical experiments illustrate the effectiveness and applicability of the proposed mechanism by comparing it with the centralized model. When the buyer places higher importance on the procurement cost than on the delivery time, the GRDF achieves the best negotiation outcome; otherwise, the GDF is the buyer's best option. Also, the proposed mechanism is robust to the variance of suppliers' decision parameters and could be a useful procurement tool for the buyer.
نوع الوثيقة: article
وصف الملف: electronic resource
اللغة: English
تدمد: 2169-3536
Relation: https://ieeexplore.ieee.org/document/8720149/; https://doaj.org/toc/2169-3536
DOI: 10.1109/ACCESS.2019.2918362
URL الوصول: https://doaj.org/article/470fcc054b56409fa410c8825f7cba2a
رقم الانضمام: edsdoj.470fcc054b56409fa410c8825f7cba2a
قاعدة البيانات: Directory of Open Access Journals
الوصف
تدمد:21693536
DOI:10.1109/ACCESS.2019.2918362