Evaluating the Impacts of Auction Bidding Restrictions on Consumer Surplus and Behaviors - An Empirical Study of Penny Auctions.
Hanxiong ZhengKhim-Yong GohKe-Wei HuangPublished in: ICIS (2011)
Keyphrases
- bidding strategies
- combinatorial auctions
- auction mechanisms
- mechanism design
- sealed bid
- sponsored search advertising
- social welfare
- online auctions
- multi unit
- electronic marketplaces
- false name bids
- winner determination
- resource allocation
- electronic commerce
- auction protocol
- incentive compatibility
- multi attribute auctions
- internet auctions
- sponsored search auctions
- budget constraints
- group buying
- test bed
- incomplete information
- information revelation
- expected utility
- multi unit combinatorial auctions
- game theory
- incentive compatible
- empirical data
- approximation algorithms
- human behavior
- decision theory
- electricity markets
- reputation systems
- double auction
- software agents
- trading agents
- trading agent competition
- continuous double auctions