Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Managing procurement auctions
AU - Dasgupta, Sudipto
AU - Pulber, Daniel F.
PY - 1990
Y1 - 1990
N2 - Three mechanisms are considered that extend the standard fixed quantity auction: (I) sole sourcing with output chosen in advance by a buyer with downward-sloping demand; (II) sole sourcing with an output schedule based on revelation of cost parameters; and (III) multiple sourcing with output allocation across suppliers based on revelation of cost parameters. Procedures are characterized for the sole sourcing and multiple sourcing problems that implement the buyer's optimal mechanism.
AB - Three mechanisms are considered that extend the standard fixed quantity auction: (I) sole sourcing with output chosen in advance by a buyer with downward-sloping demand; (II) sole sourcing with an output schedule based on revelation of cost parameters; and (III) multiple sourcing with output allocation across suppliers based on revelation of cost parameters. Procedures are characterized for the sole sourcing and multiple sourcing problems that implement the buyer's optimal mechanism.
U2 - 10.1016/0167-6245(89)90030-9
DO - 10.1016/0167-6245(89)90030-9
M3 - Journal article
VL - 4
SP - 5
EP - 29
JO - Information Economics and Policy
JF - Information Economics and Policy
IS - 1
ER -