Multi-unit differential auction–barter model for electronic marketplaces

Özer, Ali Haydar; Özturan, Can

doi:10.1016/j.elerap.2010.03.002

Cited by 9 publications

(3 citation statements)

References 15 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Also, at the other end, if budget limits of all participants allow them to purchase every book they want without using the revenue obtained from sold books, then the problem becomes a network problem and thus can be solved in polynomial-time. The proofs for these statements are provided for a similar model in the author's previous work [11].…”

Section: Ali Haydarözer: An Electronic Market Model With Mathematicalmentioning

confidence: 99%

An Electronic Market Model with Mathematical Formulation and Heuristics for Large-Scale Book Trading

Özer

2017

Annals of Computer Science and Information Systems

Self Cite

View full text Add to dashboard Cite

Abstract-This study introduces an electronic market model for secondary book markets in which each market participant can put up books for sale, and simultaneously place requests for book purchase. The model allows participants to declare a budget limit so that for each participant, the difference between the cost of purchased books and the revenue obtained from sold books stays within the declared budget limit. The model also allows participants to declare sets of substitutable books along with their preferences so that they can purchase at most one book from each of these sets. In this study, the mathematical definition of the market model is introduced, and the corresponding winner determination problem is formulated as a multi-objective linear integer program. Since this problem is NP-Hard, three heuristic methods are proposed and the performances of these methods are demonstrated on a comprehensive test suite. The results indicate that the model can be used efficiently in large-scale electronic markets in which durable goods are exchanged with tens of thousands of participants.

show abstract

Section: Ali Haydarözer: An Electronic Market Model With Mathematicalmentioning

confidence: 99%

An Electronic Market Model with Mathematical Formulation and Heuristics for Large-Scale Book Trading

Özer

2017

Annals of Computer Science and Information Systems

Self Cite

View full text Add to dashboard Cite

show abstract

“…On the other hand, auction protocols can be classified into two types: one-sided auction and twosided auction. A single seller (or buyer) accepts bids from multiple buyers (or seller) in one-sided auction protocols, and multiple buyers and sellers are permitted to bid/ask for designated goods in two-sided or doubleauction protocols [2,3].…”

Section: Introductionmentioning

confidence: 99%

“…For one-sided auctions, there are examples such as English auction, Dutch auction, first-price auction, second-price auction, and sealed-bid auction [1][2][3]8]. In the English auction, each bidder is free to raise his or her bid.…”

Section: Introductionmentioning

confidence: 99%

A sealed‐bid multi‐attribute auction protocol with strong bid privacy and bidder privacy

Shi

2013

Security Comm Networks

View full text Add to dashboard Cite

In this paper, a sealed‐bid multi‐attribute auction protocol that mainly focuses on security issues (i.e., bid privacy, bidder anonymity, and fairness problem) is presented. In recent years, existing literatures mainly focus on the multi‐attribute winner determination problem and other issues, but research of multi‐attribute e‐auction just begin from the perspective of information security. The new proposal is motivated by the conflict between bidder anonymity and denial‐of‐service attack from an insider. It utilizes private set intersection method to solve the privacy problem of winner determination of sealed‐bid multi‐attribute auction. The proposed sealed‐bid auction scheme preserves the strong privacy of the bids and provides verifiable correctness. According to the security analysis, it satisfies the security requirements of an e‐auction. Copyright © 2013 John Wiley & Sons, Ltd.

show abstract

Electronic Marketplaces

Rossignoli¹,

Ricciardi²

2014

Contributions to Management Science

View full text Add to dashboard Cite

Multi-unit differential auction–barter model for electronic marketplaces

Cited by 9 publications

References 15 publications

An Electronic Market Model with Mathematical Formulation and Heuristics for Large-Scale Book Trading

An Electronic Market Model with Mathematical Formulation and Heuristics for Large-Scale Book Trading

A sealed‐bid multi‐attribute auction protocol with strong bid privacy and bidder privacy

Electronic Marketplaces

Contact Info

Product

Resources

About