Entry decisions and bidding behavior in sequential first-price procurement auctions: An experimental study.
Jeannette BrosigJ. Philipp ReißPublished in: Games Econ. Behav. (2007)
Keyphrases
- auction mechanisms
- combinatorial auctions
- trading agents
- bidding strategies
- online auctions
- multi attribute
- marginal utility
- electronic marketplaces
- multi unit
- decision makers
- trading agent competition
- reverse auction
- auction protocol
- supply chain management
- mechanism design
- decision making
- cooperative
- human decision making
- electronic commerce
- winner determination
- neural network
- human behavior
- sealed bid
- behavior patterns
- decision process
- software agents