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Option #2: e-Procurement Auctions
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Read the following article, which is one of your recommended readings this week:
Huang, H., Kauffman, R. J., Xu, H., & Zhao, L. (2011). Mechanism design for e-procurement auctions: On the efficacy of post-auction negotiation and quality effort incentives. Electronic Commerce Research and Applications, 10(6), 650-672. Retrieved from http://blog.ub.ac.id/iralailatulmaghfiroh/files/2012/04/Mechanism-design-for-e-procurement-auctions-On-the-efficacy-of-post-auction.pdf.
In a three- to four-page paper (in addition to the cover and reference pages that you must include), write a summary of this study and its findings. Analyze and discuss the importance of negotiations for the purpose of procuring goods and services.
Utilize the textbook and at least two outside professional/scholarly articles. Be sure to cite your sources in a reference page. The CSU-Global Library is a good place to find these references. Your paper should conform to CSU-Global Guide to Writing and APA Requirements