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A Simulation Approach for Analyzing the Competition among e-Auction Marketplaces
Shanghai, China October 24-October 26
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/ICEBE.2006.14IEEE International Conference on e-Bu ...
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Xin Chen, Universitat Karlsruhe(TH), Karlsruhe, Germany
Juho Makio, Research Center for Information Technologies, Karlsruhe,Germany
In recent years, many e-auction marketplaces have been built and some of them provide similar e-auction services. The sellers and buyers who want to trade via online auctions then have the opportunities to compare and select a marketplace to trade. Therefore, the marketplaces compete with each other to attract participants. This paper proposed a simulation approach for studying suc hcompetition between marketplaces. We consider one simple scenario with two competing marketplaces and built the simulation model. This model is implemented within a simulation framework, which is designed and can be applied to many other models generally. Simulation experiments are configured and executed afterwards. The experiment results works not only as a proof of concept, but also confirms theoretical results. The simulation approach proposed in this paper enables a novel way for analyzing the competition among eauction marketplaces, and such approach can be easily applied for a wide range of competition scenarios between e-auction marketplaces.
Citation:
Xin Chen, Juho Makio, "A Simulation Approach for Analyzing the Competition among e-Auction Marketplaces," icebe, pp.17-24, IEEE International Conference on e-Business Engineering (ICEBE'06), 2006
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