DocumentCode
3322749
Title
Comparison study of duration and bid arrivals in eBay auctions across different websites
Author
Xing-jian Xu ; Shi An ; Bo Wen
Author_Institution
Sch. of Manage., Harbin Inst. of Technol., Harbin
fYear
2008
fDate
10-12 Sept. 2008
Firstpage
50
Lastpage
55
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 (also called last minute bidding, or sniping), 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 participantspsila 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
Web sites; data mining; electronic commerce; Websites; bid arrivals pattern; data mining tools; eBay auctions; last minute bidding; online auction; Conference management; Couplings; Data mining; Engineering management; Internet; Mathematics; Shape; Technology management; Web pages; bid arrivals; comparison study; duration; last minute bidding;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Engineering, 2008. ICMSE 2008. 15th Annual Conference Proceedings., International Conference on
Conference_Location
Long Beach, CA
Print_ISBN
978-1-4244-2387-3
Electronic_ISBN
978-1-4244-2388-0
Type
conf
DOI
10.1109/ICMSE.2008.4668893
Filename
4668893
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