Types of auction

Supply-chain auction

A supply-chain auction is an auction for coordinating trade among various suppliers and consumers in a supply chain. It is a generalization of a double auction. In a double auction, each deal involves two agents - a buyer and a seller, so the "supply-chain" contains only a single link. In a general supply-chain auction, each deal may involve many different agents, for example: a seller, a mediator, a transporter and a buyer. (Wikipedia).

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Related pages

Double auction | Reverse auction