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Online Auctions: Insights into the First Bidder Discount
Trento, Italy January 31-February 04
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/SAINTW.2005.902005 Symposium on Applications and th ...
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Ilka Weber, "Online Auctions: Insights into the First Bidder Discount," Applications and the Internet Workshops, IEEE/IPSJ International Symposium on, pp. 404-407, 2005 Symposium on Applications and the Internet Workshops (SAINT 2005 Workshops), 2005.
 
 
BibTex
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@article{ 10.1109/SAINTW.2005.90,
author = {Ilka Weber},
title = {Online Auctions: Insights into the First Bidder Discount},
journal ={Applications and the Internet Workshops, IEEE/IPSJ International Symposium on},
volume = {0},
year = {2005},
isbn = {0-7695-2263-7},
pages = {404-407},
doi = {http://doi.ieeecomputersociety.org/10.1109/SAINTW.2005.90},
publisher = {IEEE Computer Society},
address = {Los Alamitos, CA, USA},
}
 
 
RefWorks Procite/RefMan/Endnote
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TY - CONF
JO - Applications and the Internet Workshops, IEEE/IPSJ International Symposium on
TI - Online Auctions: Insights into the First Bidder Discount
SN - 0-7695-2263-7
SP404
EP407
A1 - Ilka Weber,
PY - 2005
KW - null
VL - 0
JA - Applications and the Internet Workshops, IEEE/IPSJ International Symposium on
ER -
 
Ilka Weber, University of Karlsruhe
Internet auctions like Amazon or eBay use an ascending bid auction as the basic auction format. This basic auction format can be augmented by various price features: the First Bidder Discount is one example. In a First Bidder Discount auction the bidder receives a discount on the price to pay if the bidder was the first to place a bid. The objective of this paper is to analyse this mechanism and to present a theoretical model describing the rules of a discount auction. Furthermore, an analysis of bidder behaviour and the timing of bids in internet auctions that include an added discount is investigated.
Citation:
Ilka Weber, "Online Auctions: Insights into the First Bidder Discount," saint-w, pp.404-407, 2005 Symposium on Applications and the Internet Workshops (SAINT 2005 Workshops), 2005
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