An Inverse-Optimization-Based Auction Mechanism to Support a Multi-Attribute Rfq Process (Classic Reprint) - Softcover
Synopsis
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.
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An Inverse-Optimization-Based Auction Mechanism to Support a Multi-Attribute
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Paperback. Condition: 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. Seller Inventory # 9781332266241_0
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An Inverse-Optimization-Based Auction Mechanism to Support a Multi-Attribute Rfq Process (Classic Reprint)
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332266241
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An Inverse-Optimization-Based Auction Mechanism to Support a Multi-Attribute Rfq Process (Classic Reprint)
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332266241
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