An Inverse-Optimization-Based Auction Mechanism to Support a Multi-Attribute Rfq Process (Classic Reprint)
Lawrence M. Wein
ISBN 10: 133226624X ISBN 13: 9781332266241
Editore: Forgotten Books, 2018
Nuovi
PAP
Da
PBShop.store US, Wood Dale, IL, U.S.A.
Valutazione del venditore 5 su 5 stelle
Venditore AbeBooks dal 7 aprile 2005
Questo articolo specifico non è più disponibile.
Riguardo questo articolo
Descrizione:
New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781332266241
Riassunto:
Excerpt from An Inverse-Optimization-Based Auction Mechanism to Support a Multi-Attribute Rfq Process
To engage bidders in a multi - attribute auction, an auctioneer needs to provide the bidders with some information pertaining to how he values the non-price attributes. While several rather obtuse approaches are possible the auctioneer could provide shadow prices from a mathematical program without revealing the mathematical program), the predominant approach in hpo practice and the one favored by most bidders because of its straightforward nature is for the auctioneer to announce a scoring rule in terms of the bid price and various attributes. This scoring rule may, or may not, be identical to the auctioneer's true utility function; indeed, this is the crux of the strategic problem from the auctioneer's viewpoint.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
Dati bibliografici
Titolo: An Inverse-Optimization-Based Auction ...
Casa editrice: Forgotten Books
Data di pubblicazione: 2018
Legatura: PAP
Condizione: New
I migliori risultati di ricerca su AbeBooks
An Inverse-Optimization-Based Auction Mechanism to Support a Multi-Attribute
Print on DemandDa: Forgotten Books, London, Regno Unito
Valutazione del venditore 5 su 5 stelle
Paperback. Condizione: New. Print on Demand. This book presents a revolutionary auction mechanism that allows manufacturers to optimize their utility in multi-attribute RFQ processes. The mechanism employs inverse optimization to learn suppliers' cost functions, enabling the manufacturer to strategically manipulate the scoring rules and induce competition. The author provides a detailed analysis of the mechanism, including its theoretical underpinnings and practical considerations. The book also explores the broader implications of this approach, discussing how it can be applied to other types of auctions and settings of learning in games. The author argues that this inverse optimization-based approach has the potential to revolutionize the way procurement auctions are conducted, leading to significant cost savings and more effective competition. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781332266241_0
Compra nuovo
EUR 16,49
Spedizione gratuita
Spedito da Regno Unito a U.S.A.
Spedito da Regno Unito a U.S.A.
Quantità: Più di 20 disponibili
Foto dell'editore
An Inverse-Optimization-Based Auction Mechanism to Support a Multi-Attribute Rfq Process (Classic Reprint)
Da: PBShop.store UK, Fairford, GLOS, Regno Unito
Valutazione del venditore 5 su 5 stelle
PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781332266241
Compra nuovo
EUR 21,72
Spedizione EUR 3,80
Spedito da Regno Unito a U.S.A.
Spedito da Regno Unito a U.S.A.
Quantità: 15 disponibili