Are procurement auctions good for society and for buyers?

DOI10.1007/978-3-319-07179-4_4MaRDI QIDQ6123607zbMATH OpenOpenAlexFDO

Authors Gregory E. Kersten

Publication date 5 April 2024

Published in Group Decision and Negotiation. A Process-Oriented View (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/978-3-319-07179-4_4

zbMATH Keywords

utilityPareto optimalitysocial welfareefficient frontiernegotiationsquasi-linear utilityreverse auctionsmechanism efficiency

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Decision theory (91B06)

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Cited in

(1)

• Reverse auctions with transportation and convex costs

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