State of the Art—Auctions and Bidding Models: A Survey | Zendy

Richard EngelbrechtWiggans | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

State of the Art—Auctions and Bidding Models: A Survey

Author(s) -

Richard EngelbrechtWiggans

Publication year - 1980

Publication title -

management science

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 4.954

H-Index - 255

eISSN - 1526-5501

pISSN - 0025-1909

DOI - 10.1287/mnsc.26.2.119

Subject(s) - bidding , common value auction , bibliography , computer science , state (computer science) , work (physics) , ebidding , microeconomics , operations research , mathematical economics , economics , mathematics , engineering , algorithm , mechanical engineering , library science

Auctions and bidding models are attracting an ever increasing amount of attention. The Stark and Rothkopf (Stark, R. M., M. H. Rothkopf. 1979. Competitive bidding: a comprehensive bibliography. Oper. Res. 27 (2) 364--390.) bibliography includes approximately 500 works in the area. Additional work has appeared since the bibliography was compiled. This paper surveys the main theoretical results and research efforts of the literature on auctions and bidding. A framework is presented for classifying and describing various auctions and bidding models based on the types of assumptions made for the models' various parameters. The major works, ideas, and results of the literature are surveyed in terms of this framework.bidding, group decisions/games

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research