Online auction has become an intriguing new type of economic exchange mechanism. Given that Internet auctions differ from traditional physical auctions in terms of flexibility and...
This research uses functional data modelling to study the price formation process of online auctions. It conceptualizes the price curve and its first and second derivatives (veloc...
The need to understand dynamic behavior in auctions is increasing with the popularization of online auctions. Applications include designing auction mechanisms, bidding strategies...
In this paper we consider a common form of the English auction that is widely used in online Internet auctions. This discrete bid auction requires that the bidders may only submit...
Esther David, Alex Rogers, Jeremy Schiff, Sarit Kr...