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Journal of Software
The emergence of auction that supports bids characterized by several attributes is one of the most recent evolutions within auction theory. This paper introduces the multi-attribute and transaction cost into the on-line auction, proposed by Lavi and Nisan. Different from the traditional on-line auction, the buyer makes decision only based on the bids, when each bidder comes one by one. We propose a novel multi-attribute on-line auction mechanism for a limited bidder base. The mechanism consistsdoi:10.4304/jsw.6.10.2009-2015 fatcat:pl4zw4fyyjg2hbvwogqllgn47e