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10.4067/S0718-18762011000300007
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Journal of Theoretical and Applied Electronic Commerce Research is published by MDPI from Volume 16 Issue 3 (2021). Previous articles were published by another publisher in Open Access under a CC-BY 3.0 licence, and they are hosted by MDPI on mdpi.com as a courtesy and upon agreement with Faculty of Engineering of the Universidad de Talca.
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Article

Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions

by
Kune-muh Tsai
1 and
Feng-chin Chou
2,3
1
National Kaohsiung First University of Science and Technology, Department of Logistics Management
2
National Kaohsiung First University of Science and Technology, Institute of Management
3
WuFeng University, Department of Hospitality Management
J. Theor. Appl. Electron. Commer. Res. 2011, 6(3), 85-96; https://doi.org/10.4067/S0718-18762011000300007
Submission received: 10 November 2010 / Accepted: 26 April 2011 / Published: 1 December 2011
Versions Notes

Abstract

Online reverse auctions have benefits in reducing business purchasing costs and lead times. Previous research focused on developing new mechanisms for open-cry and multiple rounds of auctions, which is not appropriate for direct goods purchasing. Moreover, the implementation issues in the web-site design are not considered. We construct an easily-computed fuzzy multi-attribute matching mechanism for sealed-bid and single round auctions, which include price and attributes like quality, due dates, credit rating, etc, and are suitable for procuring direct input goods. To improve the negotiation quality, an aftermath negotiation mechanism is also developed so that the auctioneer can negotiate with the bidders for certain attribute values when the bid does not meet the requirement of the auctioneer. We further build an online fuzzy negotiation system (FNS) to evaluate the proposed mechanism.
Keywords: Online reverse auctions; Multi-attribute; Sealed-bid; Fuzzy sets; Negotiations Online reverse auctions; Multi-attribute; Sealed-bid; Fuzzy sets; Negotiations

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MDPI and ACS Style

Tsai, K.-m.; Chou, F.-c. Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions. J. Theor. Appl. Electron. Commer. Res. 2011, 6, 85-96. https://doi.org/10.4067/S0718-18762011000300007

AMA Style

Tsai K-m, Chou F-c. Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions. Journal of Theoretical and Applied Electronic Commerce Research. 2011; 6(3):85-96. https://doi.org/10.4067/S0718-18762011000300007

Chicago/Turabian Style

Tsai, Kune-muh, and Feng-chin Chou. 2011. "Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions" Journal of Theoretical and Applied Electronic Commerce Research 6, no. 3: 85-96. https://doi.org/10.4067/S0718-18762011000300007

APA Style

Tsai, K. -m., & Chou, F. -c. (2011). Developing a Fuzzy Multi-attribute Matching and Negotiation Mechanism for Sealed-bid Online Reverse Auctions. Journal of Theoretical and Applied Electronic Commerce Research, 6(3), 85-96. https://doi.org/10.4067/S0718-18762011000300007

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