Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions

Online reverse auctions have benefits in reducing business purchasing costs and lead times. Previous research focused on developing new mechanisms for open-cry and multiple rounds of auctions, which is not appropriate for direct goods purchasing. Moreover, the implementation issues in the web-site d...

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Autores principales:	Tsai,Kune-muh, Chou,Feng-chin
Lenguaje:	English
Publicado:	Universidad de Talca 2011
Materias:	Online reverse auctions Multi-attribute Sealed-bid Fuzzy sets Negotiations
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-18762011000300007
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spelling	oai:scielo:S0718-187620110003000072018-10-12Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse AuctionsTsai,Kune-muhChou,Feng-chin Online reverse auctions Multi-attribute Sealed-bid Fuzzy sets Negotiations Online reverse auctions have benefits in reducing business purchasing costs and lead times. Previous research focused on developing new mechanisms for open-cry and multiple rounds of auctions, which is not appropriate for direct goods purchasing. Moreover, the implementation issues in the web-site design are not considered. We construct an easily-computed fuzzy multi-attribute matching mechanism for sealed-bid and single round auctions, which include price and attributes like quality, due dates, credit rating, etc, and are suitable for procuring direct input goods. To improve the negotiation quality, an aftermath negotiation mechanism is also developed so that the auctioneer can negotiate with the bidders for certain attribute values when the bid does not meet the requirement of the auctioneer. We further build an online fuzzy negotiation system (FNS) to evaluate the proposed mechanism.info:eu-repo/semantics/openAccessUniversidad de TalcaJournal of theoretical and applied electronic commerce research v.6 n.3 20112011-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-18762011000300007en10.4067/S0718-18762011000300007
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Online reverse auctions Multi-attribute Sealed-bid Fuzzy sets Negotiations
spellingShingle	Online reverse auctions Multi-attribute Sealed-bid Fuzzy sets Negotiations Tsai,Kune-muh Chou,Feng-chin Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions
description	Online reverse auctions have benefits in reducing business purchasing costs and lead times. Previous research focused on developing new mechanisms for open-cry and multiple rounds of auctions, which is not appropriate for direct goods purchasing. Moreover, the implementation issues in the web-site design are not considered. We construct an easily-computed fuzzy multi-attribute matching mechanism for sealed-bid and single round auctions, which include price and attributes like quality, due dates, credit rating, etc, and are suitable for procuring direct input goods. To improve the negotiation quality, an aftermath negotiation mechanism is also developed so that the auctioneer can negotiate with the bidders for certain attribute values when the bid does not meet the requirement of the auctioneer. We further build an online fuzzy negotiation system (FNS) to evaluate the proposed mechanism.
author	Tsai,Kune-muh Chou,Feng-chin
author_facet	Tsai,Kune-muh Chou,Feng-chin
author_sort	Tsai,Kune-muh
title	Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions
title_short	Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions
title_full	Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions
title_fullStr	Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions
title_full_unstemmed	Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions
title_sort	developing a fuzzy multi-attribute matching and negotiation mechanism for sealed-bid online reverse auctions
publisher	Universidad de Talca
publishDate	2011
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-18762011000300007
work_keys_str_mv	AT tsaikunemuh developingafuzzymultiattributematchingandnegotiationmechanismforsealedbidonlinereverseauctions AT choufengchin developingafuzzymultiattributematchingandnegotiationmechanismforsealedbidonlinereverseauctions
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Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions

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