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The paper presents a survey of current industry practices in designing and running auctions as part of e‐sourcing events. We report our findings from numerous interviews with auction makers in leading e‐sourcing application vendors. The differences between auction theory and auction practice pose a number of interesting and important research questions for the Operations Management community; we conclude with a discussion of lessons learned and open research questions.
Wedad Elmaghraby (Sun,) studied this question.
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