items, and apply the model to procurement auctions held by Minnesota's Department of Transportation (MnDOT). Each year …We develop a structural model of firms' bidding behavior in simultaneous first-price auctions with linkages across …, MnDOT holds simultaneous first-price auctions to procure road salt for each of its depots (storage facilities) located …

This paper investigates a hybrid procurement mechanism that combines a reverse auction with flexible noncompetitive …. Specifically, the buyer first offers contracts to some suppliers who, if accepting the contract, do not participate in the auction … while committing to selling a unit to the buyer at the price of the subsequent auction. For the suppliers rejecting the …

An increasing number of commercial companies are using online reverse auctions for their sourcing activities. In … reverse auctions, multiple suppliers bid for a contract from a buyer for selling goods and/or services. Usually, the buyer has … proposed for reverse auctions. Agglomerative clustering is used for determining the items that will be put in the same lot. A …