Sentence examples for bidding language from inspiring English sources

The novelty of the design is a bidding language that admits scalable allocation and pricing algorithms.

The current state of combinatorial auction market design indicates that no existing bidding language is general enough to support auctions of both divisible and indivisible commodities.

In this paper, we propose a compact bidding language to express the characteristics of a supplier's cost function in markets with economies of scale and scope.

The bidding language allows trains to bid for the right to enter and exit territories at particular times, and also to represent indifference over a range of times.

Furthermore, a more powerful and flexible bidding language is designed which allows bidders to express their complex preferences of purchase, sell and exchange requests, and hence increases the allocative efficiency of the market compared to the DAB.

They require more compact and yet expressive bidding languages, and the supplier selection typically is a hard computational problem.

A winner determination problem that simultaneously accommodates bidding languages of both bid set construction techniques is used to generate an optimal capacity allocation among bidders based on different bidding strategies.

The currently popular combinatorial clock auction, which uses a complex bid language and payment rule, achieves the lowest efficiency and revenue among all treatment combinations.

Working with an experienced bid manager for a few years will help you learn how to read bids so that you have a better understanding of bid language and requirements.

We analyze the impact of two main design choices on efficiency and revenue: simple "compact" bid languages versus complex "fully expressive" bid languages and simple "pay-as-bid" payment rules versus complex "core-selecting" payment rules.

Bidding languages define the means through which participants in an electronic auction define bids and express requirements on their execution.