Multi-attribute auction
From Wikipedia, the free encyclopedia
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A multi-attribute auction is a type of auction in which the bids have multiple parts.[1][2] Multi-attribute auctions allow agents to sell and purchase goods and services, taking into account more attributes than just price (e.g. service time, tolerances, qualities, etc.).
The earliest research paper about a multi-attribute auction appeared in a 1993 paper by Yeon-Koo Che.[3] In 1997, they were discussed in the context of long-term electricity contracts.[4]