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
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