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14th International Workshop on Database and Expert Systems Applications (DEXA'03)
Preference Revelation in Multi-Attribute Bidding Procedures: An Experimental Analysis
Prague, Czech Republic
September 01-September 05
ISBN: 0-7695-1993-8
ASCII Text
x 
 
Stefan Strecker, Stefan Seifert, "Preference Revelation in Multi-Attribute Bidding Procedures: An Experimental Analysis," Database and Expert Systems Applications, International Workshop on, pp. 850, 14th International Workshop on Database and Expert Systems Applications (DEXA'03), 2003.
 
 
BibTex
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@article{ 10.1109/DEXA.2003.1232128,
author = {Stefan Strecker and Stefan Seifert},
title = {Preference Revelation in Multi-Attribute Bidding Procedures: An Experimental Analysis},
journal ={Database and Expert Systems Applications, International Workshop on},
volume = {0},
year = {2003},
issn = {1529-4188},
pages = {850},
doi = {http://doi.ieeecomputersociety.org/10.1109/DEXA.2003.1232128},
publisher = {IEEE Computer Society},
address = {Los Alamitos, CA, USA},
}
 
 
RefWorks Procite/RefMan/Endnote
x 
 
TY - CONF
JO - Database and Expert Systems Applications, International Workshop on
TI - Preference Revelation in Multi-Attribute Bidding Procedures: An Experimental Analysis
SN - 1529-4188
SP
EP
A1 - Stefan Strecker,
A1 - Stefan Seifert,
PY - 2003
KW - null
VL - 0
JA - Database and Expert Systems Applications, International Workshop on
ER -
 
Stefan Strecker, Universitaet Karlsruhe (TH)
Stefan Seifert, Universitaet Karlsruhe (TH)
In this paper, the authors report on a computer-based laboratory experiment investigating whether disclosing the buyer?s preferences in a multi-attribute reverse English auctions affects buyer?s utility, suppliers? profits and efficiency. The results show that full revelation of the buyer?s preferences significantly increases allocational efficiency. Suppliers use the additional information in their bidding decisions and make weakly significantly more profits. However, the experimental evidence does not support the hypothesis that the buyer is better off when revealing her preferences. At least, the results indicate that the buyer is not exploited by suppliers.
Citation:
Stefan Strecker, Stefan Seifert, "Preference Revelation in Multi-Attribute Bidding Procedures: An Experimental Analysis," dexa, pp.850, 14th International Workshop on Database and Expert Systems Applications (DEXA'03), 2003
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