Implications of the bidders' arrival process on the design of online auctions
@article{Vakrat2000ImplicationsOT, title={Implications of the bidders' arrival process on the design of online auctions}, author={Yaniv Vakrat and A. Seidmann}, journal={Proceedings of the 33rd Annual Hawaii International Conference on System Sciences}, year={2000}, pages={7 pp. vol.1-} }
We have recently seen a tremendous number of auctions conducted over the Internet. This form of electronic commerce is rapidly growing, and it is projected to account for 30% of all e-commerce by 2002. Using actual bidding transaction data from 324 business-to-consumer online auctions, we analyzed the bidders' arrival process during each auction. We found that most bidders like to sign on early in the auction; typically, 70% of the bidders sign on during the first half. Our statistical analysis… Expand
Figures, Tables, and Topics from this paper
85 Citations
An examination of factors affecting bidders’ choice in electronic auctions
- Computer Science
- 2008 International Multiconference on Computer Science and Information Technology
- 2008
- 2
- PDF
Analysis and design for multi-unit online auctions
- Business, Computer Science
- Eur. J. Oper. Res.
- 2017
- 4
- PDF
Optimal Design of Online Auctions
- Economics
- 2007 International Conference on Management Science and Engineering
- 2007
- 4
Optimal Design of Online Auction
- Economics
- 2007 IEEE International Conference on Automation and Logistics
- 2007
- 3
Doing their bidding: An empirical examination of factors that affect a buyer’s utility in Internet auctions
- Business, Computer Science
- Inf. Technol. Manag.
- 2006
- 104
- PDF
Comparison study of duration and bid arrivals in eBay auctions across different websites
- Computer Science
- 2008 International Conference on Management Science and Engineering 15th Annual Conference Proceedings
- 2008
- 2
References
SHOWING 1-10 OF 29 REFERENCES
A theoretical and empirical investigation of multi‐item on‐line auctions
- Computer Science, Engineering
- Inf. Technol. Manag.
- 2000
- 138
Economic Mechanism Design for Computerized Agents
- Economics, Computer Science
- USENIX Workshop on Electronic Commerce
- 1995
- 358
- PDF