Hazard Analysis of Bidder Collusion in Reverse Auctions Based on Petri Nets
Bidder collusion in reverse auctions is a pervasive phenomenon that leads to a series of problems for buyers and their supply chains. This work aims to conduct a hazard analysis on a first-price sealed-bid reverse auction with bidder collusion by applying colored timed Petri nets, in which places an...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
IEEE
2020-01-01
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| Series: | IEEE Access |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/9076704/ |