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Methods and Applications of Multi-Attribute Auction in the Fields of Automatic Control and Mechatronic Engineering

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Abstract:

Multi-attribute auction is a kind of market mechanisms, which enable automated negotiation on multiple attributes of a deal. In order to know the research history and the newest research trends for the research on multi-attribute auctions, this paper presents widespread theoretical and applications problems of multi-attribute auctions in the fields of auction automatic control and mechatronic engineering . The multi-attribute auction models are divided into two kinds (i.e. game theory model and decision theory model). Assumptions, main ideas, and conclusions of literature related to these two kinds of models are reviewed and commented.

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Periodical:

Applied Mechanics and Materials (Volume 415)

Pages:

708-711

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.415.708

Citation:

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Online since:

September 2013

Authors:

Cong Jun Rao

Keywords:

Decision Theory Model, Game Theory Model, Multi-Attribute Auction

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© 2013 Trans Tech Publications Ltd. All Rights Reserved

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