Behavioral Economics of Internet Auctions

Behavioral Economics of Internet Auctions PDF Author: Jens-Martin Bramsen
Publisher:
ISBN:
Category :
Languages : en
Pages : 114

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Book Description

Behavioral Economics of Internet Auctions

Behavioral Economics of Internet Auctions PDF Author: Jens-Martin Bramsen
Publisher:
ISBN:
Category :
Languages : en
Pages : 114

Get Book Here

Book Description


Game Theory Bargaining and Auction Strategies

Game Theory Bargaining and Auction Strategies PDF Author: Gregor Berz
Publisher: Springer
ISBN: 1137475420
Category : Business & Economics
Languages : en
Pages : 202

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Book Description
This text bridges the gulf between theoretical economic principles of negotiation and auction theory and their multifaceted applications in actual practice. It is intended to be a supplement to the already existing literature, as a comprehensive collection of reports detailing experiences and results of very different negotiations and auctions.

Adaptive Bidding in Single-Sided Auctions under Uncertainty

Adaptive Bidding in Single-Sided Auctions under Uncertainty PDF Author: Clemens van Dinther
Publisher: Springer Science & Business Media
ISBN: 3764381132
Category : Computers
Languages : en
Pages : 245

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Book Description
This is one of the first books on the use of software agents to simulate bidding behavior in electronic auctions. It introduces market theory and computational economics together, and gives an overview on the most common and up-to-date agent-based simulation methods. The book will help the reader learn more about simulations in economics in general and common agent-based methods and tools in particular.

Consumer Behavior, Organizational Development, and Electronic Commerce: Emerging Issues for Advancing Modern Socioeconomies

Consumer Behavior, Organizational Development, and Electronic Commerce: Emerging Issues for Advancing Modern Socioeconomies PDF Author: Khosrow-Pour, D.B.A., Mehdi
Publisher: IGI Global
ISBN: 1605661279
Category : Computers
Languages : en
Pages : 411

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Book Description
"This book offers readers a one-stop resource for contemporary issues, developments, and influences in e-commerce"--Provided by publisher.

Snipers, Shills, and Sharks

Snipers, Shills, and Sharks PDF Author: Ken Steiglitz
Publisher: Princeton University Press
ISBN: 0691233861
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
Every day on eBay, millions of people buy and sell a vast array of goods, from rare collectibles and antiques to used cars and celebrity memorabilia. The internet auction site is remarkably easy to use, which accounts in part for its huge popularity. But how does eBay really work, and how does it compare to other kinds of auctions? These are questions that led Ken Steiglitz--computer scientist, collector of ancient coins, and a regular eBay user--to examine the site through the revealing lens of auction theory. The result is this book, in which Steiglitz shows us how human behaviors in open markets like eBay can be substantially more complex than those predicted by standard economic theory. In these pages we meet the sniper who outbids you in an auction's closing seconds, the early bidder who treats eBay as if it were an old-fashioned outcry auction, the shill who bids in league with the seller to artificially inflate the price--and other characters as well. Steiglitz guides readers through the fascinating history of auctions, how they functioned in the past and how they work today in online venues like eBay. Drawing on cutting-edge economics as well as his own stories from eBay, he reveals practical auction strategies and introduces readers to the fundamentals of auction theory and the mathematics behind eBay. Complete with exercises and a detailed appendix, this book is a must for sophisticated users of online auctions, and essential reading for students seeking an accessible introduction to the study of auction theory.

The Economics of the Internet and E-commerce

The Economics of the Internet and E-commerce PDF Author: Michael R. Baye
Publisher: Elsevier
ISBN: 0762309717
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
The first six chapters of the text examine four broad issues: the role of the Internet in fostering competition, its impact on price dispersion and on business-to-business transactions, and the importance of reputation and trust in the new economy. The last four chapters examine the impact of the Internet on the organization of firms, the efficiency of auctions in the Internet age, how consumers choose websites and acquire product information, and the growing problem of congestion on the Internet.

Posted Price Offers in Internet Auction Markets

Posted Price Offers in Internet Auction Markets PDF Author: Stefan Seifert
Publisher: Springer Science & Business Media
ISBN: 3540352686
Category : Business & Economics
Languages : en
Pages : 194

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Book Description
Applying a Market Engineering approach, this book introduces a model of an auction with a posted price offer, and investigates the characteristics of such mechanisms. It discusses the respective equilibrium strategies of sellers and the bidders, providing useful insight into actual behavior. The theoretic results are compared with strategies of students in a controlled experiment. The experimental observations expose shortcomings of standard economic theories and help to further improve electronic markets.

The Timing of Bids in Internet Auctions

The Timing of Bids in Internet Auctions PDF Author: Axel Ockenfels
Publisher:
ISBN:
Category :
Languages : en
Pages : 16

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Book Description


The Future of EMarkets

The Future of EMarkets PDF Author: Martin Bichler
Publisher: Cambridge University Press
ISBN: 9780521003834
Category : Electronic commerce
Languages : en
Pages : 266

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Book Description
Dynamic pricing and on-line auctions are emerging as the preferred models for e-business. Forrester Research predicts that business-to-business Internet auctions will grow to $52.6 billion by 2002, while dynamically priced business-to-business transactions will rise to $88 billion, representing 27% of the value of all business-to-business e-commerce transactions. This multi-disciplinary book presents a framework of negotiation protocols for electronic markets. It is the first book to combine economics with computer science and the first to describe multidimensional auction mechanisms - i.e. automated negotiations on multiple attributes and/or multiple units of a product. In addition it summarises the introductory economics needed to understand electronic markets, and surveys the literature on negotiation and auction theory. Case studies include the trading of financial derivatives. For use in the design, implementation and upgrade of electronic markets, for researchers in: economics, information systems and operations management, computer science and all students of the e-commerce phenomenon.

Best Practices for Online Procurement Auctions

Best Practices for Online Procurement Auctions PDF Author: Parente, Diane H.
Publisher: IGI Global
ISBN: 1599046385
Category : Education
Languages : en
Pages : 402

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Book Description
Offers a systematic approach to the examination of online procurement auctions. Growth in online auctions reinforces the need for understanding the factors important in auctions and the caveats that both researchers and practitioners need to know in order to effectively study and use the auction tool.