We develop models of automated E-commerce techniques, which predict the economic outcomes of these decision mechanisms, including the price attained by a good and the resulting inc...
Online auctions have become extremely popular in recent years. Ability to predict winning bid prices accurately can help bidders to maximize their profit. This paper proposes a nu...
We study the bidding behavior of spiteful agents who, contrary to the common assumption of selfinterest, maximize a convex combination of their own proļ¬t and their competitorsā...
In this paper we present an advanced bidding agent that participates in ļ¬rst-price sealed bid auctions to allocate advertising space on BluScreen ā an experimental public adve...
Alex Rogers, Esther David, Terry R. Payne, Nichola...
Traditionally, companies aiming to achieve competition among suppliers have used sealed bidding procedures in their sourcing processes. The advances in information technology and i...