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Multiattribute auctions extend traditional auction settings to allow negotiation over nonprice attributes such as weight, color, and terms of delivery, in addition to price and promise to improve market efficiency in markets with configurable goods. This paper provides an iterative auction...
Persistent link: https://www.econbiz.de/10009214638
Combinatorial auctions allow allocation of bundles of items to the bidders who value them the most. The NP-hardness of the winner determination problem (WDP) has imposed serious computational challenges when designing efficient solution algorithms. This paper analytically studies the Lagrangian...
Persistent link: https://www.econbiz.de/10011209325
In coalitional games with side payments, the core predicts which coalitions form and how benefits are shared. The predictions however run into difficulties if the core is empty or if some coalitions benefit from not blocking truthfully. These difficulties are analyzed in games in which an a...
Persistent link: https://www.econbiz.de/10010738801
application to building procurement in Perth, Western Australia. The objectives were to determine the definition of Guaranteed … over other methods of procurement that included price certainty for the client, a team approach to project delivery and …
Persistent link: https://www.econbiz.de/10009434898
application to building procurement in Perth, Western Australia. The objectives were to determine the definition of Guaranteed … methods of procurement that included price certainty for the client, a team approach to project delivery and faster completion …
Persistent link: https://www.econbiz.de/10009434992
financial interest in procurement of their projects [1]. Reasons for this are cited as: allocation of risk, guaranteed maximum …
Persistent link: https://www.econbiz.de/10009434993
When making an important decision, program managers must evaluate the risk of each alternative and weigh the trade-offs between one type of risk and another. Program managers are familiar with the concepts of risk analysis and assessment in such areas as human factors, security, and accident...
Persistent link: https://www.econbiz.de/10009435521
This audit was performed to follow up on actions taken in response to the July 1990 report on ``Procurement of Support … making the work suitable for fixed-price contracting. The report made recommendations to the Head of Procurement and the … Administrator, EIA. These recommendations were to comply with procurement regulations by identifying recurring tasks that were …
Persistent link: https://www.econbiz.de/10009435599
To successfully compete in a global market, manufacturing production systems are being forced to reduce time to market and to provide improved responsiveness to changes in market conditions. The organizations that comprise the business links in the production system must constantly make...
Persistent link: https://www.econbiz.de/10009435619
Data reported by domestic nuclear utility companies in their responses to the 1991 through 1993 ``Uranium Industry Annual Survey,`` Form EIA-858, Schedule B,`` Uranium Marketing Activities,`` are provided in response to the requirements in the Energy Policy Act 1992. Appendix A contains an...
Persistent link: https://www.econbiz.de/10009435773