紀要論文 An experimental study of the effect of bidding increments on the contract price of online auction

Fu Jing  ,  傅 靖  ,  フ ジン

28pp.25 - 28 , 2017-10-31 , 福岡工業大学情報科学研究所 , Fukuoka Institute of Technology Institute of Information Science
ISSN:13466169
NII書誌ID(NCID):AA11519304
内容記述
In recent years, online auction has been widely used in a variety of fields. Unlike traditional auctions, it introduces this mechanism to the masses, and provides them with a broad selection of goods to buy or sell. This paper focuses on finding a better bidding increment rule to maximize the contract price from exhibitors’ perspective. The primal method applied here is to compare the effect of fixed and variable bidding increments on the contract price by simulation with C language. The auction is assumed to be first-price and open-bid with installation of automatic bidding system. Our simulation results show that for goods at all market prices, there exists certain fixed bidding increment(s) outperforming the variable one. However, with other fixed bidding increments, variable bidding increments usually perform better. 福岡工業大学情報科学研究所
本文を読む

http://repository.lib.fit.ac.jp/bitstream/11478/767/1/情研28_25p傅 靖先生.pdf

このアイテムのアクセス数:  回

その他の情報