| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 476574 | European Journal of Operational Research | 2015 | 9 Pages |
•Methodological research.•Experimental economic performance comparisons between different auction formats.•Testing different policies on information disclosure.•Integrating negotiations and auctions.
This paper provides an updated overview of the rapidly developing research field of multi-attribute online reverse auctions. Our focus is on academic research, although we briefly comment on the state-of-the-art in practice. The role that Operational Research plays in such auctions is highlighted. We review decision- and game-theoretic research, experimental studies, information disclosure policies, and research on integrating and comparing negotiations and auctions. We conclude by discussing implementation issues regarding online procurement auctions in practice.
