Essays about: "Reverse Vickrey Auction"
Found 2 essays containing the words Reverse Vickrey Auction.
-
1. Computer Science Optimization Of Reverse auction : Reverse Auction
University essay from Linnéuniversitetet/Institutionen för datavetenskap (DV)Abstract : Many people still confused and misunderstand the differences between auction types: In fact, we have only two major types of auctions which are the forward auction and Reverse auction[22]. In a forward auction a single seller offers an item for sale with many competitive buyers driving the price upward: In a Reverse Auction, a single buyer wants to purchase a service or an item from many sellers, they drive the price downward: There are many differences between these type of auction: Including the progress of the auctions; winner selection criterion and other factors: The Reverse Auction nowadays is one of the most preferred types of online auctions: It gains popularity rapidly because of representing the buyers' side and helps him to drive prices down in contrary with the forward auction or traditional auction. READ MORE
-
2. Truthful Incentive Mechanism for Mobile Crowdsensing
University essay from KTH/Skolan för informations- och kommunikationsteknik (ICT)Abstract : Smart devices have become one of the fundamental communication and computing devices in people's everyday lives over the past decade. Their various sensors and wireless connectivity have paved the way for a new application area called mobile crowdsensing where sensing services are provided by using the sensor outputs collected from smart devices. READ MORE