Multi-attribute Auctions: Research Challenges and Opportunities

Abstract

This chapter highlights the promise and importance of reverse multi-attribute auctions (RMAA). It outlines the major benefits of RMAAs over other traditional auction mechanisms, such as reverse single attribute auctions, and then presents a structured and critical assessment of the current state of RMAA research. The intention of this chapter is not only to review both experimental and theoretical studies that have been conducted on RMAAs, but also to provide a starting point and specific recommendations for future research directions on RMAAs.