Auctions as a Dynamic Pricing Mechanism for E-Services

@inproceedings{Lee2007AuctionsAA,
  title={Auctions as a Dynamic Pricing Mechanism for E-Services},
  author={Juong-Sik Lee and Boleslaw K. Szymanski},
  year={2007}
}
Increasing role of services in developed economies around the world combined with ubiquitous presence of computer networks and information technologies result in rapid growth of e-services. Markets for e-services often require flexible pricing to be efficient and therefore frequently use auctions to satisfy this requirement. However, auctions in e-service markets are recurring since typically e-services are offered repeatedly, each time for a specific time interval. Additionally, all e-services… CONTINUE READING
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