DocumentCode :
3172981
Title :
Research on duration and bid arrivals in eBay online auctions in the internet
Author :
Jie, Zhang ; Yaping, Zhang
Author_Institution :
Dept. of Econ., Shandong Univ., Jinan, China
fYear :
2011
fDate :
8-10 Aug. 2011
Firstpage :
1379
Lastpage :
1382
Abstract :
Recently, there are some concerns in auction duration and bid arrivals in study of online auctions. In online auctions, seller selects duration, and the bid arrivals pattern is deemed to the indicator of bidding strategies and behaviors of bidders. The best known phenomenon in bid arrival is the late bidding, which describe the following bidding strategy used frequently by many bidders: bidders tends to place bid as late as possible. Noticed there is a void in growing body of literature on online auctions in comparison study of participants´ behavior across similar but different websites, we sampled eBay auctions from several global websites simultaneously and compared the duration distributions and bid arrivals patterns across these websites. The statistical results indicate that the comparison study is meaningful. Finally, we imply that more advanced data mining tools are needed in analysis of online auction data in further research.
Keywords :
Internet; Web sites; data mining; electronic commerce; statistical analysis; Internet; auction duration; bid arrival; data mining tool; eBay online auction; global Web sites; statistical result; Cost accounting; Delay; Economics; History; Internet; Shape; Web pages; Duration; bidding; bidding strategies; eBay auctions; online auctions; sniping;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Deng Leng
Print_ISBN :
978-1-4577-0535-9
Type :
conf
DOI :
10.1109/AIMSEC.2011.6010537
Filename :
6010537
Link To Document :
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