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Comparison study of duration and bid arrivals in ebay auctions across different websites

  • Xing Jian Xu*
  • , Shi An
  • , Bo Wen
  • *Corresponding author for this work
  • School of Management, Harbin Institute of Technology
  • Chinese Academy of Sciences

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Recently, there are some concerns in auction duration and bid arrivals in study of online auctions. In online auctions, seller selects duration, and the bid arrivals pattern is deemed to the indicator of bidding strategies and behaviors of bidders. The best known phenomenon in bid arrival is the late bidding (also called last minute bidding, or sniping), which describe the following bidding strategy used frequently by many bidders: bidders tends to place bid as late as possible. Noticed there is a void in growing body of literature on online auctions in comparison study of participants' behavior across similar but different websites, we sampled eBay auctions from several global websites simultaneously and compared the duration distributions and bid arrivals patterns across these websites. The statistical results indicate that the comparison study is meaningful. Finally, we imply that more advanced data mining tools are needed in analysis of online auction data in further research.

Original languageEnglish
Title of host publication2008 International Conference on Management Science and Engineering 15th Annual Conference Proceedings, ICMSE
Pages50-55
Number of pages6
DOIs
StatePublished - 2008
Externally publishedYes
Event2008 International Conference on Management Science and Engineering 15th Annual Conference, ICMSE - Long Beach, CA, United States
Duration: 10 Sep 200812 Sep 2008

Publication series

Name2008 International Conference on Management Science and Engineering 15th Annual Conference Proceedings, ICMSE

Conference

Conference2008 International Conference on Management Science and Engineering 15th Annual Conference, ICMSE
Country/TerritoryUnited States
CityLong Beach, CA
Period10/09/0812/09/08

Keywords

  • Bid arrivals
  • Comparison study
  • Duration
  • Last minute bidding

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