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Books > Business & Economics > Industry & industrial studies > Distributive industries > Retail sector

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Posted Price Offers in Internet Auction Markets (Paperback, 2006 ed.) Loot Price: R1,505
Discovery Miles 15 050
Repayment Terms: R141 pm x 12*
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Posted Price Offers in Internet Auction Markets (Paperback, 2006 ed.): Stefan Seifert

Posted Price Offers in Internet Auction Markets (Paperback, 2006 ed.)

Stefan Seifert

Series: Lecture Notes in Economics and Mathematical Systems, 580

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Loot Price R1,505 Discovery Miles 15 050 | Repayment Terms: R141 pm x 12*

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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.

General

Imprint: Springer-Verlag
Country of origin: Germany
Series: Lecture Notes in Economics and Mathematical Systems, 580
Release date: August 2006
First published: 2006
Authors: Stefan Seifert
Dimensions: 235 x 155 x 11mm (L x W x T)
Format: Paperback
Pages: 184
Edition: 2006 ed.
ISBN-13: 978-3-540-35265-5
Categories: Books > Business & Economics > Industry & industrial studies > Distributive industries > Retail sector
LSN: 3-540-35265-1
Barcode: 9783540352655

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