This paper studies a buyer's procurement strategies in a two-stage supply chain with price-sensitive demand. The buyer … considered. The buyer takes two attributes into consideration when designing the procurement mechanism: quantity attribute (i … the optimal procurement mechanism for the buyer, which consists of a nonlinear menu of contracts for each of the two …

In this paper, the problem of multi-attribute procurement auction of divisible goods is investigated, and an optimal … good, is designed. First, several important assumptions of multi-attribute procurement auctions of divisible goods are …-attribute procurement auction whose goal is to maximize the buyer's expected utility, is established. By solving this model, the optimal …

We study procurement auctions in which, as is common in practice, a group of sellers (incumbents, qualified bidders) is …