Front cover image for Posted price offers in internet auction markets

Posted price offers in internet auction markets

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 both the sellers and the bidders which provide useful insights into understanding actual behavior
Thesis, Dissertation, English, 2006
Springer, Berlin, 2006
Universität, Karlsruhe
dissertations
1 online resource (xiv, 181 pages) : illustrations
9783540352686, 9783540352655, 3540352686, 3540352651
262691037
Introduction
Model of the APPO Market Institution
Design of the APPO Experiment
Results of the Experiment
Conclusion and Outlook