Paper Title:
The Snip Bidding in Online Auction: Empirical Evidence from the Single Unit Auction on www.taobao.com
  Abstract

This paper comparatively analyses the snip bidding intensity using the auction data of two kinds of goods from www.taobao.com by normative data collecting method, based on observation of the relationship between the bidding time and auction price in online auction. Our results indicate that it has obvious snip bidding behavior in online auction on www.taobao.com. The intensity of the snip bidding is different because of different goods categories. It primarily proves that in Chinese online auction market there exists similar snip bidding behavior in mature market of developed countries.

  Info
Periodical
Edited by
Qi Luo
Pages
579-583
DOI
10.4028/www.scientific.net/AMM.58-60.579
Citation
H. Fu, R. F. Qin, Z. K. Dong, D. Zheng, J. P. Zha, "The Snip Bidding in Online Auction: Empirical Evidence from the Single Unit Auction on www.taobao.com", Applied Mechanics and Materials, Vols. 58-60, pp. 579-583, 2011
Online since
June 2011
Export
Price
$32.00
Share

In order to see related information, you need to Login.

In order to see related information, you need to Login.

Authors: Ming Jyh Tsai, Tien Yu Huang
Abstract:In e-commerce platform, the auction market is the most attractive channel for the general public. Because of low cost, making the entry...
1760
  | Authors: Cong Jun Rao
Chapter 1: Computer Science and Theory, Related Studies
Abstract:Multi-object auctions can be divided into homogeneous goods auction and heterogeneous goods auction. In this paper, the auction mechanism and...
156
Authors: Xiao Ling Xia, Lu Chen
Chapter 4: Computational Methods and Algorithms, Applied Information Technologies
Abstract:As the Internet grows rapidly, traditional transaction mechanisms like auctions have been imported into the online-shopping world. Selenium...
3364
Authors: Cong Jun Rao, Jin Hui Dong
Chapter 9: E-Commerce, E-Government, Internet Technologies
Abstract:With the development of computer technology and network, e-Auctions are widely applied in the field of engineering technology. How to use the...
1211