Posted Price Offers in Internet Auction Markets is popular PDF and ePub book, written by Stefan Seifert in 2006-09-25, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Posted Price Offers in Internet Auction Markets can be Read Online from any device for your convenience.
Posted Price Offers in Internet Auction Markets Book PDF Summary
Applying a Market Engineering approach, this book introduces a model of an auction with a posted price offer, and investigates the characteristics of such mechanisms. It discusses the respective equilibrium strategies of sellers and the bidders, providing useful insight into actual behavior. The theoretic results are compared with strategies of students in a controlled experiment. The experimental observations expose shortcomings of standard economic theories and help to further improve electronic markets.
Detail Book of Posted Price Offers in Internet Auction Markets PDF
- Author : Stefan Seifert
- Release : 25 September 2006
- Publisher : Springer Science & Business Media
- ISBN : 9783540352686
- Genre : Business & Economics
- Total Page : 194 pages
- Language : English
- PDF File Size : 7,5 Mb
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