On optimal bidding in sequential procurement auctions

DOI10.1016/J.ORL.2012.03.012zbMATH Open1247.91077OpenAlexW2162691493WikidataQ56094651 ScholiaQ56094651MaRDI QIDQ453039FDOQ453039

Michael N. Katehakis, Kartikeya S. Puranam

Publication date: 18 September 2012

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2012.03.012

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zbMATH Keywords

newsvendorauctionsprocurementdynamic bidding

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Cites Work

• A Theory of Auctions and Competitive Bidding
• Sequential auctions of stochastically equivalent objects
• Optimal Bidding in Sequential Auctions
• Optimal Adaptive Policies for Markov Decision Processes
• A Weakest Link Marked Stopping Problem

Cited In (20)

• Equilibrium strategies in random-demand procurement auctions with sunk costs
• Bidding to procure supply in newsvendor networks
• Optimal auctions for multi-unit procurement with volume discount bids
• Sequential versus bundle auctions for recurring procurement
• Fuzzy formulation of auctions and optimal sequencing for multiple auctions.
• An optimal bidimensional multi-armed bandit auction for multi-unit procurement
• Semi-Markov dynamic programming approach to competitive bidding with state space reduction considerations
• Simultaneous Bidding with a Fixed Charge if Any Bid is Successful
• Inventory systems with stochastic and batch demand: computational approaches
• On bidding for a fixed number of items in a sequence of auctions
• When (and how) to favor incumbents in optimal dynamic procurement auctions
• Bilevel approach for e-bidding auction with regret theory
• Efficiency levels in sequential auctions with dynamic arrivals
• Behavioral models for first-price sealed-bid auctions with the one-shot decision theory
• Sequential procurement auctions with risk-averse suppliers
• On optimal bidding and inventory control in sequential procurement auctions: the multi period case
• On the evaluation of bidding strategies in sequential auctions
• Designing bidding strategies in sequential auctions for risk averse agents
• The Importance of Ordering in Sequential Auctions
• Title not available (Why is that?)

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