University of Alberta Research into Using Reverse Auctions to Better Allocate Funding for Wetlands Restoration

Image via Wikipedia

Here at the Reverse Auction Research Center (http://reverseauctionresearch.blogspot.com/), we want to update you on the latest academic investigations into the use of reverse auctions in all fields.

This is a very interesting piece of research, wherein a University of Alberta graduate student, Katherine Packman, has recently published her thesis on using reverse auctions in the public sector for wetlands restoration funding allocation decisions. 

You can read the abstract of her thesis ("Investigation of Reverse Auctions for Wetland Restoration in Manitoba") by clicking on the link below:

University of Alberta Libraries: Item 10048/1434

And, get your printer and a venti-sized cup of coffee to look at her full thesis by downloading the free .pdf from their library site.

David

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Union Uses "Reverse Auction" as Fighting Words

Image by Getty Images via @daylife

Hey, here at the RARC, we're following the latest news and trends in all uses of reverse auctions (and the terminology of it as well). Well, here's a new one out of Wales. The union for auto workers at TRW Automotive is using "reverse auctioning" in an accusatory (and pejorative) way - alleging that management is having its plants engage in a "reverse auction" on lowering costs to determine which one(s) to close. You can read the details here below:

BBC News - Union talks on Resolven car plant closure

From the article:

"Derek Vaughan, Labour MEP for Wales, and a former leader of Neath Port Talbot council, said he was shocked by management "tactics" at TRW.

He accused TRW of holding a "reverse auction" among its plants in Europe to find out which staff would take the biggest cuts."

Now, not saying we haven't seen this kind of action done before - but a unique twist to use the "reverse auction" label in such a way.

David

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