Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19–21, 2023, Hangzhou, China

Research Article

Mechanism for Trading Shoreline Usage Rights Based on an Improved Bilateral Call Auction Model

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  • @INPROCEEDINGS{10.4108/eai.19-5-2023.2334247,
        author={Jianhua  Xiao and Kaijun  Hu},
        title={Mechanism for Trading Shoreline Usage Rights Based on an Improved Bilateral Call Auction Model},
        proceedings={Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19--21, 2023, Hangzhou, China},
        publisher={EAI},
        proceedings_a={ICBBEM},
        year={2023},
        month={7},
        keywords={shoreline usage rights improved bilateral auction model trading mechanism},
        doi={10.4108/eai.19-5-2023.2334247}
    }
    
  • Jianhua Xiao
    Kaijun Hu
    Year: 2023
    Mechanism for Trading Shoreline Usage Rights Based on an Improved Bilateral Call Auction Model
    ICBBEM
    EAI
    DOI: 10.4108/eai.19-5-2023.2334247
Jianhua Xiao1, Kaijun Hu1,*
  • 1: Wuyi University
*Contact email: 965945007@qq.com

Abstract

In response to the current supply-demand imbalance of shoreline resources, the mar-ket-oriented approach of shoreline resource trading can effectively improve the utili-zation and allocation efficiency of shoreline resources, promote the overall develop-ment of regional marine economy, and ultimately achieve the integration of marine economy. Starting from auction theory, this article explores the mechanism of shore-line resource auction prices, and uses an improved bilateral call auction model consid-ering the cost and transaction volume of shoreline transactions, combined with nu-merical examples to illustrate the practical application of the model. The results indi-cate that the improved bilateral call auction model's trading mechanism and price de-termination rules are reasonable and effective, and have certain practical guiding sig-nificance for shoreline resource trading.