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, 48,103-111.

• 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.