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Reverse auction

A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed. Thus, there is one buyer and many potential sellers. In an ordinary auction also known as a forward auction, buyers compete to obtain goods or services by offering increasingly higher…

History, History of internet-based reverse auctions & Context

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Overview

Context

History of internet-based reverse auctions

Demsetz auction

Spectrum auction

Dutch reverse auctions

Comparison of Japanese and Dutch reverse auctions

Strategy in reverse auctions

Advanced semantic analysis

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Map overview Semantic statistics

Reverse auction

Nodes68
Edges67
Triples109
Avg. degree1.97
Density0.029412
Components1

How this topic connects Entity context

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Reverse auction

Top relations

related to Further reading · 60
Reverse auction → Asbjornsen, Bibcode, Bounds, Building Deep Supplier Relationships, Business Horizons, Buyer-Supplier Relationships, Cases, Changed, Chapter, Chicago, Choi, Coelho, Creating, December, Editor, Electronic Reverse Auctions, Exact, Factors, Farouk, Gillard
related to history · 21
Reverse auction → BP, Company, Dozens, ExxonMobil, FreeMarkets, General Electric, General Motors, Glen Meakem, Headquartered, Heinz, McKinsey, Meakem, Phelps Dodge, Pittsburgh, Royal Dutch Shell, Sam Kinney, SAP, The, United States, United Technologies
related to Spectrum auction · 10
Reverse auction → After, FCC, Federal Communications Commission, In, June, The, TV, UHF, United States, VHF TV
related to Context · 8
Reverse auction → Another, E-procurement, Governments, It, One, Public, Reverse, This
related to Comparison of Japanese and Dutch reverse auctions · 5
Reverse auction → Dutch, In, Japanese, The, While
related to Japanese reverse auctions · 4
Reverse auction → Acceptance, Although, Japanese, When

Important terminology Word statistics

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Important terminology

auction reverse auctions price procurement buyer bid used contract one traditional also bidding prices business e-procurement suppliers online software supplier

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
General Motorsinstance ofDozens of competing start-up reverse auction service providers and established companies0.80text
Reverse auctionrelated to Comparison of Japanese and Dutch reverse auctionsThe0.60section
Reverse auctionrelated to Comparison of Japanese and Dutch reverse auctionsJapanese0.60section
Reverse auctionrelated to Comparison of Japanese and Dutch reverse auctionsDutch0.60section
Reverse auctionrelated to Comparison of Japanese and Dutch reverse auctionsWhile0.60section
Reverse auctionrelated to Comparison of Japanese and Dutch reverse auctionsIn0.60section
Reverse auctionrelated to ContextOne0.60section
Reverse auctionrelated to ContextGovernments0.60section
Reverse auctionrelated to ContextPublic0.60section
Reverse auctionrelated to ContextReverse0.60section
Reverse auctionrelated to ContextAnother0.60section
Reverse auctionrelated to ContextE-procurement0.60section

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