• Title/Summary/Keyword: Auction System

Search Result 183, Processing Time 0.028 seconds

Analysis on Procurement Auction System in Public Procurement Service (공공투자사업의 입·낙찰 분석)

  • Kim, Jungwook
    • KDI Journal of Economic Policy
    • /
    • v.32 no.2
    • /
    • pp.144-170
    • /
    • 2010
  • This paper considers the effect of various types of procurement auction system on competition focusing on the rate of successful bidding. We analyze the number of bidders and the rate of successful bids using online procurement data of the Public Procurement Service. The average number of bidders is 301 and the average rate of successful bids is 87.42% while the weighted average rate is 75.13%. These numbers show that there is quite strong competition among bidders and the rate is lower as the expected price is higher. When we analyze the data of price procurement auction, the rate is also shown to be lower as the expected price is higher. Furthermore, the rate decreases as the number of bidders increases which naturally makes the competition stronger. Meanwhile, the analysis finds that the inclusion of the onsite bidding, the PQ(Pre-Qualification) result, or major-10 winning companies cannot explain the rate much in our data. In case of turnkey-alternative, the average rate of successful bidding for 484 cases record 90.20%. The average is 84.89% with 120 alternatives and 91.97% with 364 cases of turnkey. The reason why the rate of turnkey-alternative is lower than that of price procurement auction is the lack of competition as well as the systematic difference. By setting up a model, we are able to explain the difference in rate caused by the respective reason. When we suppose there are 3 bidders in case of price procurement auction for a project that exceeds 100 billion won, the rate is expected to be around 64%. This implies that difference of 26% is caused by the systemic difference and 3% by the lack of competition. Therefore, we conclude that the difference in rate between turnkey-alternative and price procurement auction is caused mainly by the systemic difference. In case of PPP(Public Private Partnership) projects, among 154 projects in total, only 40% has more than 2 bidders that compete. The average number of bidders is 1.88 which is less than 2, and the average rate of successful bids is 90%. In sum, under the price procurement auction, there is strong competition which is reflected by the rate of successful bids. However, there is room to decrease the rate by strengthening the competition under the turnkey-alternative. Also with PPP projects, we expect the rate can be steadily reduced with revived competition among bidders.

  • PDF

A Design and Implementation of Used Books Trading Web Service using an Auction System (경매 방식을 이용한 중고도서 거래 웹 서비스 설계 및 구현)

  • Lee, Jongwoo;Park, Jiyeon;Cho, Sarah;Han, Youjin;Song, Yoojeong
    • Journal of Digital Contents Society
    • /
    • v.18 no.1
    • /
    • pp.9-16
    • /
    • 2017
  • Recently, consumer who has a desire to spend less money want to buy a cheap and good product because of long economy recession. Secondhand trading is regarded as a good method which allows people to buy cheap and good product. Activation of secondhand trading reduces the psychological distance among customers. Especially, in the case of expensive books such as major books, each university has community only for used book trading. However, existing used book community is hard to find current real-time trading state at a look, and it is impossible to purchase reasonably because of a one-way pricing of the seller. In this paper, we design and implement a used book trading web service using an auction system which can help anyone to trade used book easily. It is designed web based system and it provides convenience to user through efficient book registration function and book search function.

Hierarchical Resource Management Framework and Multi-hop Task Scheduling Decision for Resource-Constrained VEC Networks

  • Hu, Xi;Zhao, Yicheng;Huang, Yang;Zhu, Chen;Yao, Jun;Fang, Nana
    • KSII Transactions on Internet and Information Systems (TIIS)
    • /
    • v.16 no.11
    • /
    • pp.3638-3657
    • /
    • 2022
  • In urban vehicular edge computing (VEC) environments, one edge server always serves many task requests in its coverage which results in the resource-constrained problem. To resolve the problem and improve system utilization, we first design a general hierarchical resource management framework based on typical VEC network structures. Following the framework, a specific interacting protocol is also designed for our decision algorithm. Secondly, a greedy bidding-based multi-hop task scheduling decision algorithm is proposed to realize effective task scheduling in resource-constrained VEC environments. In this algorithm, the goal of maximizing system utility is modeled as an optimization problem with the constraints of task deadlines and available computing resources. Then, an auction mechanism named greedy bidding is used to match task requests to edge servers in the case of multiple hops to maximize the system utility. Simulation results show that our proposal can maximize the number of tasks served in resource constrained VEC networks and improve the system utility.

User Demand-based Grid Trade Management Model (사용자 요구기반의 그리드 거래 관리 모델)

  • Ma, Yong-Beom;Lee, Jong-Sik
    • Journal of the Korea Society for Simulation
    • /
    • v.15 no.3
    • /
    • pp.11-21
    • /
    • 2006
  • Importance of and need for grid resource management have accelerated in accordance with increasing development of grid computing. However, it is very complex to distribute and utilize resources efficiently in geographically dispersed environments. This is due to the different access policies and constraints of grid resource owners. Users request resources according to their needs. Operators of a grid computing system need to be able to monitor the system states for reflecting these demands. So, a grid computing system needs a resource management policy that monitors states of resources and then allocates resources. This paper proposes a user demand-based grid trade management model that provides an efficient resource management by the trade allocation based on a users' demand and providers' supply strategy. To evaluate performance, this paper measures increasing rate of resource trades, average response time of trades, and processing time utilization. Firstly, the average increasing rates of trade are 585.7% and 322.6% higher than an auction model and a double auction model. Secondly, the average response time of the user demand-based grid trade management model is maintained between 3 and 5 simulation time. Finally, it is found that the processing time utilization is an average of 145.4% and 118.0% higher than an auction model and a double auction model. These empirical results demonstrate the usefulness of the user demand-based grid trade management model.

  • PDF

A Negotiation Method Based on Opportunity Cost in the Trucking Cargo Transportation Market (육상화물운송시장에서 기회비용을 고려한 협상방법론 연구)

  • Kim, Hyun-Soo;Cho, Jae-Hyung
    • The Journal of Information Systems
    • /
    • v.21 no.3
    • /
    • pp.99-116
    • /
    • 2012
  • As a way to allocate lots of orders to many participants for vehicle allocation problem, this study has used an agent negotiation based reverse auction model. This agent negotiation provides coordination functions allowing all participants to make a profit, and accomplishing Pareto optimum solution from the viewpoint of a whole trucking cargo transportation network. In order to build a strategic cooperation relationship based on information sharing, this agent negotiation provides a coordination mechanism in which all the participants including consignors, brokerage firms, and car owners are able to attain their own profits, and also that ensure a competitive market. This study has tried to prove that the result of an agent-based negotiation is the Pareto optimal solution under the present market environment. We established a mathematical formulation for a comparison with the Integer Programming model, and analysing e-Marketplace, structure of shipping expenses and brokerage system in the trucking cargo transportation industry.

A Study on the Modified Resource Auction Multiple Access for Wireless PCS (무선 PCS를 위한 수정된 자원경매다중접속에 대한 연구)

  • Ho-Joon Kim;Sang-Hum Yoon
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.26 no.2
    • /
    • pp.42-45
    • /
    • 2003
  • 본 논문은 무선개인통신(PCS)환경에서 기존의 자원경매다중접속(RAMA)방법이 가지고 있는 단점을 보완할 수 있는 새로운 자원경매다중접속방법(MRAMA)을 제안하기 위한 것이다 제안된 방법은 경매표 개념을 도입하여 슬럿 할당 주기 상에서 경매 슬럿(slot)을 낭비하는 단점을 보완할 수 있으며, 할당 주기마다 갱신되는 경매테이블을 채택하고 선점 및 비선점 우선순위규칙이 혼합된 방법을 활용함으로써 빠르고 유연하게 접속, 핸드오프, 자원할당이 가능해진다. 본 논문에서는 다양한 환경에서의 시뮬레이션을 통해 제안된 MRAMA방법이 기존의 RAMA에 비해 더 향상된 성능을 보이고 있음을 증명한다.

IMPLEMENTATION OF GOVERNMENT E-PROCUREMENT: A COMPARATIVE STUDY OF THAILAND AND INDONESIAN PRACTICES

  • Budi Hasiholan;Shin-ei TAKANO
    • International conference on construction engineering and project management
    • /
    • 2009.05a
    • /
    • pp.827-834
    • /
    • 2009
  • In respond to the demand of an open, fair, transparent, and efficient environment for procurement, many governments have incorporated the use of internet in their procurement systems with online procurement (e-procurement). Given the different policies and laws which have to be complied with, the practice of government e-procurement system varies from one country to another. Thus, experiences in running e-procurement will vary as well. The achievements and obstacles of one country's experience will be a constructive reference for other countries in establishing e-procurement system. In this regard, government e-procurement system practices in two Southeast Asia countries i.e., Thailand and Indonesia particularly in public works are consecutively presented and finally compared in this paper. The government of Thailand has applied Online Auctions (e-Auctions) as the national procurement practice since 2005 and performed the e-Auctions in two types: Reverse Auction and Sealed Bid Auction. Contrary to the common practice of e-procurement, the Thai government, with some rationales, runs the bid documents obtaining manually as well as qualification and technical documents submission and holding the e-Auctions at bidding office. Whereas Indonesian government runs Online Sealed Bid Bidding (e-Procurement) and most of the bidding stages are performed electronically except bid evaluation for both technical and financial. The advantages and drawbacks of these two e-procurement practices are discussed as well as improvements that have to be made for successful of e-procurement.

  • PDF

The Auction System of Radio Communications Carrier License in the United States (미국의 전파통신 사업면허 경매실시현황 및 결과분석)

  • Kim, Seon-Bong
    • Electronics and Telecommunications Trends
    • /
    • v.12 no.1 s.43
    • /
    • pp.91-103
    • /
    • 1997
  • 본 고는 미국의 전파통신 사업면허 경매제도가 우리나라에서도 현재 시행되고 있는 전파통신서비스 사업자 선정에 많은 시사점을 제공해주리라 기대되는 바, 미국의 경매제도 실시 현황과 광대역 PCS면허 A, B, C블록 중심의 경매결과와 그 결과에서 나타나는 특징 등을 분석하였다.

A Monitoring Agent System for the Comparative Information Search in Real Time Auction (실시간 경매정보 비교 검색을 위한 모니터링 에이전트 시스템)

  • 김철기;이상용
    • Journal of Internet Computing and Services
    • /
    • v.2 no.2
    • /
    • pp.1-9
    • /
    • 2001
  • To access massive and various HTML documents that are in the web using wireless Internet equipments, another WML document that is equal to the HTML document must be written. In the case Web documents written by HTML are massive, the construction of a WML site with the same information needs much cost of space and time. This paper designs and implements the HTML-XML converter that alleviates such a problem. The HTML-XML converter translates the Web document written by HTML to the WML document for portable wireless equipments. The HTML-XML converter has advantages that it reconstructs WML document dynamically according to portable wireless equipments and processes various image formats such as GIF, JPG, BMP, and so on. The HTML-WML converter can be used as not only a utility of the WML editor but also a real time converter on wireless internet.

  • PDF

Feature Selection Applied to Recommender Systems for Reverse Logistics Internet Auction (역 물류 환경 인터넷 경매를 위한 요소 선택응용 추천 시스템)

  • Yang, Jae-Kyung;Yu, Woo-Yeon
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.29 no.1
    • /
    • pp.76-86
    • /
    • 2006
  • 다양한 데이터 마이닝 기법들의 발전과 더불어, 속성(Feature 또는 Attribute)의 범위(Dimension)를 줄이기 위해 많은 요소 선택 방법이 개발되었다. 이는 확장성(Scalability)을 향상시킬 수 있고 학습 모델(Learning Model)을 더욱 쉽게 해석할 수 있도록 한다. 이 논문에서는 네스티드 분할(Nested Partition, 이하 NP)을 이용한 새로운 최적화 기반 속성 선택 방법을 NP 기본 구조와 다양한 실험 문제의 수치적 결과들과 함께 제시하여 어떻게 NP의 최적화 구조가 속성 선택 과정에 기여를 하고 있는지 보여준다. 그리고 이 새로운 지능적인 분할 방법이 어떻게 매우 효율적인 분할을 수행하는지를 제시한다. 이 새로운 속성 선택 방법은 필터(Filter)방법과 래퍼(Wrapper)방법 두 가지로 구현될 수 있다. 사례 연구로서, B2B e-비즈니스 시스템에서 효과적으로 사용될 수 있는 추천 시스템(Recommender System)을 제안하였다. 이 추천 시스템은 분류 기법(Classification Rule)과 제시된 NP 기반 요소 선택 방법을 사용하고 있다. 이 추천 시스템은 사용자의 인터넷 경매 참여를 추천하는데 사용되며, 이 때 제안된 요소 선택 앨고리듬은 추천 규칙들이 쉽게 이해될 수 있도록 모델을 간략화 하는데 사용된다.