DocumentCode
175557
Title
An evolutionary game approach to analyzing bid evaluation behaviors for multi-attribute reverse auction
Author
Liu Xuwang ; Qi Wei ; Wang Dingwei
Author_Institution
Sch. of Bus. Adm., Henan Univ., Kaifeng, China
fYear
2014
fDate
May 31 2014-June 2 2014
Firstpage
5358
Lastpage
5363
Abstract
Bid evaluation mechanism is a key factor to the fairness of auction and resource allocation. The current bid evaluation process is usually done by two groups, business expert group and technical expert group, separately. Taking bounded rationality as precondition, it will induce the antagonistic feelings and non-cooperation behavior between two groups. This paper focus on bid evaluation behaviors of referee experts. Firstly, the bid evaluation process and existent problems within the mechanism are described, and a non-cooperative static game model about grouped bid evaluation behaviors is constructed to analyze the conditions how to achieve long-term cooperative equilibrium of two groups, and which is the Pure Strategies Nash Equilibrium. Then, the evolution paths and influencing factors of bid evaluation behaviors are analyzed with the idea of evolutionary game. We also disclose the effect of individuals´ choice of policy on group behaviors. The method of this paper can offer decision support for administrative department of bid evaluation, so that they can take the best management practices and guide the referee experts´ behaviors evolving to the expectative direction, to improve the fairness of bidding evaluation.
Keywords
electronic commerce; game theory; resource allocation; bid evaluation behavior analysis; bid evaluation mechanism; business expert group; evolutionary game approach; group behaviors; multiattribute reverse auction; noncooperative static game model; pure strategies Nash equilibrium; referee experts behaviors; resource allocation; technical expert group; Games; Mathematical model; Nash equilibrium; Sociology; Statistics; Behavior Operation Management; Behavioral Analysis; Evolutionary Game; Grouped Bid Evaluation; Multi-Attribute Reverse Auction;
fLanguage
English
Publisher
ieee
Conference_Titel
Control and Decision Conference (2014 CCDC), The 26th Chinese
Conference_Location
Changsha
Print_ISBN
978-1-4799-3707-3
Type
conf
DOI
10.1109/CCDC.2014.6852221
Filename
6852221
Link To Document