Abstract
Bid evaluation is an important but complex problem in multi-attribute auction. Management science techniques might be helpful tools for this kind of decision making problems. This paper focuses on the bid evaluation problem in multi-attribute e-auction for procurement. The proposed model uses an outranking-based multi-attribute decision technique, ELECTRE-III, to evaluate the buyer's preferences. It is shown by means of a bid evaluation example that the presented approach may be well suited as a decision-making tool for multi-attribute e-procurement.
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