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A forward/reverse auction algorithm for asymmetric assignment problems - MaRDI portal

A forward/reverse auction algorithm for asymmetric assignment problems (Q1803649)

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scientific article; zbMATH DE number 221491
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English
A forward/reverse auction algorithm for asymmetric assignment problems
scientific article; zbMATH DE number 221491

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    A forward/reverse auction algorithm for asymmetric assignment problems (English)
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    29 June 1993
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    This paper presents a new auction algorithm for asymmetric assignment problems. The algorithm uses in a novel way the recently proposed idea of reverse auction. In practice, the new algorithm apparently deals better with price wars than the currently existing auction algorithms.
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    auction algorithm
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    asymmetric assignment
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    reverse auction
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