Business to business interactions are largely centered around contracts for procurement or for distribution. Negotiations and sealed bid tendering are the most common techniques used for price discovery and generating the terms and conditions for contracts. Sealed bid tenders collect bids (that...

We describe an auction mechanism in the class of Groves mechanisms that has received attention in the computer science literature because of its theoretical property of being more "learnable" than the standard second price auction mechanism. We bring this mechanism, which we refer to as the...