A Model of Multi-attribute,Multi-unit Auction
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Usually the seller is only interested in the buyer's bidding price and volume without considering other attributes in multi-unit auction.In real transactions,the sellers often consider more buyer's bid attributes such as the buyer's credibility,the manner of payment and cooperative relations.The evaluation of value is different for the seller on account of the different attributes of buyer's bid.This paper presents a model of multi-attributes and multi-unit auction model and uses the multi-attributes decision-making method,PROMETHEE-II,and non-linear preference function for the empirical analysis.