A Multi-attribute bidding strategy for a single-attribute auction marketplace

作者：

Highlights：

• An approach to facilitate multi-attribute bidding in single-attribute auctions is proposed.

• A utility concession curve is applied to assess bid acceptability through time.

• Set of hypotheses for testing the benefits of multi-attribute bidding is stated.

• Hypotheses are tested using data from eBay.

• Relationship between concession curve and auction listing volume is established.

摘要

•An approach to facilitate multi-attribute bidding in single-attribute auctions is proposed.•A utility concession curve is applied to assess bid acceptability through time.•Set of hypotheses for testing the benefits of multi-attribute bidding is stated.•Hypotheses are tested using data from eBay.•Relationship between concession curve and auction listing volume is established.

论文关键词：Electronic negotiations,Software agents,Auctions,eBay,Concession-making

论文评审过程：Received 21 January 2015, Revised 20 August 2015, Accepted 22 August 2015, Available online 31 August 2015, Version of Record 20 October 2015.

论文官网地址：https://doi.org/10.1016/j.eswa.2015.08.039