@inproceedings{b0413efc1979425c86b214f55573af07,
title = "Research on post-bidding bundle strategy for online reverse auction",
abstract = "Currently online reverse auction (e-RA) is often used in procurement. However, winner determination problem (WDP) is NP-hard problem and practical use is difficult. As a research focus, 'bundling' is an effective way to cut down the complexity of WDP for e-RA, and often applied in practice. Although there are some qualitative researches in this field, quantitative bundling is still a problem. This paper designs post-bidding bundle strategy (PBBS) for e-RA to focus on this issue. Based on mathematical model and the bidding data from suppliers, this strategy uses 'item similarity' and 'market competitiveness' to measure the possibility of two items in the same bundle. Specially, item similarity measure refers to two classic methods in scientometrics: Salton and Jaccard. Finally, as shown with the 7th pharmaceutical centralized purchasing bidding data in china, this strategy of bundling has good theoretical value and practical significance in quantitative bundling.",
keywords = "Bundle, E-RA, PBBS, Scientometrics, WDP",
author = "Hu, \{Da Yong\} and Feng, \{Yu Qiang\}",
year = "2010",
doi = "10.1109/ICMSE.2010.5719784",
language = "英语",
isbn = "9781424481163",
series = "2010 International Conference on Management Science and Engineering, ICMSE 2010",
pages = "51--57",
booktitle = "2010 International Conference on Management Science and Engineering, ICMSE 2010",
note = "17th International Conference on Management Science and Engineering, ICMSE 2010 ; Conference date: 24-11-2010 Through 26-11-2010",
}