On Ordered Weighted Reference Point Model for Multi-attribute Procurement Auctions

Autor:	Włodzimierz Ogryczak, Bartosz Kozłowski
Rok vydání:	2011
Předmět:	Mathematical optimization Distribution (mathematics) Ranking Computer science media_common.quotation_subject Common value auction Context (language use) Quality (business) Weighted arithmetic mean Preference (economics) Domain (software engineering) media_common
Zdroj:	Computational Collective Intelligence. Technologies and Applications ISBN: 9783642239342 ICCCI (1)
DOI:	10.1007/978-3-642-23935-9_29
Popis:	Multi-attribute auctions (also called multidimensional auctions) facilitate negotiations based on multiple attributes, thus escape from the standard price-only domain into a rich multidimensional domain that can comprise additional attributes like e.g. guarantee conditions or quality. Most multi-attribute preference models used in auction mechanisms are based on a ranking derived from weighted sum. Recently, the Reference Point Method (RPM) approach has been applied to express the multi-attribute preference models within the auction mechanisms allowing to overcome the weighted sum drawbacks. The Ordered Weighted RPM model enables us to introduce importance weights to affect achievements importance by rescaling their measures accordingly within the distribution of all achievements. The concept presented and discussed in this paper in the context of procurement auctions takes advantage of the so-called Weighted Ordered Weighted Average (WOWA) aggregations of the partial achievements.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::04bea99b2fe5cacd421c000cac5d5bf3 https://doi.org/10.1007/978-3-642-23935-9_29 Zobrazit plný text záznamu