Professor Hannele Wallenius Aalto School of Science and Technology Department of Industrial Engineering and Management

Active Members of the Research Group Riikka-Leena Leskelä, PhD Lauri Puro; PhD student Close collaboration with Professors Murat Köksalan, METU Jeffrey Teich, NMSU Jyrki Wallenius, ASE

Research Interests Decision and Negotiation Support E-Commerce and On-Line Auctions –Support for multi-unit combinatorial auctions –Development of decision aid for people-to people lending –Investigation of bidding strategies used in a real-life small loan auctions Bibliometric studies

Recent Publications of the Group Leskelä, R-L., Teich, J., Wallenius, H., and Wallenius, J. (2007). Decision support for multi-unit combinatorial bundle auctions, Decision Support Systems, 43, 420 – 434. Köksalan, M., Leskelä, R-L.,, Wallenius, H., and Wallenius, J. (2009). Improving efficiency in multiple-unit combinatorial auctions: Bundling bids from multiple bidders, Decision Support Systems, 48, Puro, L., Teich, J. E., Wallenius, H., and Wallenius, J. (2009). Borrower Decision Aid for People-to-People Lending, Decision Support Systems,49, 52–60. Valtteri Ervasti and Leskelä, Riikka-Leena (2010). Allocative efficiency in simulated multiple-unit combinatorial auctions with quantity support, European Journal of Operational Research, Puro, L., Teich, J. E., Wallenius, H., and Wallenius, J. (2010). Bidding Strategies for Real-Life Small Loan Auctions, conditionally accepted to Decision Support Systems.