: "Auction-Based Mechanisms for Electronic Procurement" describes scenarios where purchase requests are aggregated and bundled into a single Request for Quote (RFQ), allowing suppliers to provide volume discounts through competitive bids.
Multi-item auction where winners pay their individual bid prices for their chosen quantity. bulk buy auctions
Price drops for all participants as the total volume of bids increases. : The research from ResearchGate analyzes bidding processes
: The research from ResearchGate analyzes bidding processes under the Independent Private Values (IPV) model. It proves that the optimal strategy for a bidder is generally to bid their true perceived value, regardless of when they join the auction. It highlights that bundling is most profitable when
: The paper "Bundling Decisions for Selling Multiple Items in Online Auctions" explores how sellers decide whether to auction items individually or as a "bulk" bundle. It highlights that bundling is most profitable when the items are highly complementary.
Bidder's strategy under group-buying auction on the Internet