How to translate results from auctions to procurements

Luciano I. de Castro; María-Angeles de Frutos

doi:10.1016/j.econlet.2009.10.017

Back

How to translate results from auctions to procurements

Journal article

Peer reviewed

How to translate results from auctions to procurements

Luciano I. de Castro and María-Angeles de Frutos

Economics letters, Vol.106(2), pp.115-118

02/01/2010

DOI: 10.1016/j.econlet.2009.10.017

Files and links (1)

url

http://hdl.handle.net/10016/15097View

Open Access

Abstract

The translation of statements from auctions to procurements is not always straightforward. We define a duality relationship between them and provide the appropriate transformations needed for establishing it. Additionally, we prove that affiliation is preserved under these transformations and establish the linkage principle for procurements.

Affiliation

Linkage principle

Procurement

Reverse auctions

Details

Title: Subtitle: How to translate results from auctions to procurements
Creators: Luciano I. de Castro - University of Illinois Urbana-Champaign
María-Angeles de Frutos - Universidad Carlos III de Madrid
Resource Type: Journal article
Publication Details: Economics letters, Vol.106(2), pp.115-118
DOI: 10.1016/j.econlet.2009.10.017
ISSN: 0165-1765
eISSN: 1873-7374
Publisher: Elsevier B.V
Language: English
Date published: 02/01/2010
Academic Unit: Economics
Record Identifier: 9984380496202771

Metrics

12 Record Views

4 Times Cited - Web of Science

See more details