Identifying Bidding Strategies on eBay: A Feasibility Study
bidding strategies;online auctions
Shah, Harshit ; Dr. Munindar Singh, Committee Member,Dr. Peter Wurman, Committee Chair,Dr. Jon Doyle, Committee Member,Shah, Harshit ; Dr. Munindar Singh ; Committee Member ; Dr. Peter Wurman ; Committee Chair ; Dr. Jon Doyle ; Committee Member
Millions of people participate in online auctions on websites such as eBay. The data available in these public markets offer interesting opportunities to study internet auctions. The main purpose of this research is to identify common bidding patterns that appear on eBay. We examine data from eBay videogame console auctions. A new way of interpreting bidding behaviors is proposed. The analysis reveals that there are certain bidding behaviors that appear frequently in the data. We identify the behaviors and infer bidder's strategy that might lead to such behaviors.
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Identifying Bidding Strategies on eBay: A Feasibility Study