Shill bidding in online English auctions with a random number of bidders
文献类型:期刊论文
作者 | Ma, J; Wang, SY; Lai, KK |
刊名 | INTERNATIONAL JOURNAL OF INFORMATION TECHNOLOGY & DECISION MAKING
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出版日期 | 2004-12-01 |
卷号 | 3期号:4页码:539-562 |
关键词 | independent private value (IPV) shill bidding online auctions single round auctions multi-round auctions |
ISSN号 | 0219-6220 |
英文摘要 | Shill bidding has increased substantially with the explosion in the number of online auctions. For English auctions with conventional intermediation fee schedules and a continuous increment of the bid, sellers may profit from shill bidding, which is illegal. To deter shill bidding, Wang et al.(31) designed a mechanism - the shill-deterrent fee schedule (SDFS) which makes shill bidding unprofitable. This paper analyzes the feasibility of applying SDFS rules to both single round and multi-round English auctions in a framework of independent private value (IPV) with a random number of bidders. It is shown that most of the results in Wang et al.(31) remain true at our cases. In addition, we also propose an approach for sellers to reset the subsequent reserves in multi-round English auctions. |
WOS研究方向 | Computer Science ; Operations Research & Management Science |
语种 | 英语 |
WOS记录号 | WOS:000225842700002 |
出版者 | WORLD SCIENTIFIC PUBL CO PTE LTD |
源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/19408] ![]() |
专题 | 中国科学院数学与系统科学研究院 |
通讯作者 | Lai, KK |
作者单位 | 1.Univ Int Business & Econ, Sch Management, Beijing 100029, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Inst Syst Sci, Beijing 100080, Peoples R China 3.Hunan Univ, Coll Business Adm, Changsha 410082, Hunan, Peoples R China 4.City Univ Hong Kong, Dept Management Sci, Kowloon, Hong Kong, Peoples R China |
推荐引用方式 GB/T 7714 | Ma, J,Wang, SY,Lai, KK. Shill bidding in online English auctions with a random number of bidders[J]. INTERNATIONAL JOURNAL OF INFORMATION TECHNOLOGY & DECISION MAKING,2004,3(4):539-562. |
APA | Ma, J,Wang, SY,&Lai, KK.(2004).Shill bidding in online English auctions with a random number of bidders.INTERNATIONAL JOURNAL OF INFORMATION TECHNOLOGY & DECISION MAKING,3(4),539-562. |
MLA | Ma, J,et al."Shill bidding in online English auctions with a random number of bidders".INTERNATIONAL JOURNAL OF INFORMATION TECHNOLOGY & DECISION MAKING 3.4(2004):539-562. |
入库方式: OAI收割
来源:数学与系统科学研究院
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