Description: Posted Price Offers in Internet Auction Markets by Stefan Seifert Estimated delivery 3-12 business days Format Paperback Condition Brand New Description 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. Publisher Description New information technologies allow for the design of innovative electronic markets which can improve the efficiency of trading. In this context, several internet marketplaces have recently extended the flexibility of their selling mechanisms by creating hybrid institutions which combine an auction with a fixed price offer so that buyers can choose to bid in the auction or to acquire the item for the fixed price.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. The theoretical results are compared with strategies of students in a controlled experiment. The experimental observations indicate shortcomings of standard economic theories and help to further improve electronic markets. Details ISBN 3540352651 ISBN-13 9783540352655 Title Posted Price Offers in Internet Auction Markets Author Stefan Seifert Format Paperback Year 2006 Pages 184 Edition 2006th Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG GE_Item_ID:137945086; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys
Price: 66.98 USD
Location: Fairfield, Ohio
End Time: 2024-12-19T03:14:41.000Z
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Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
ISBN-13: 9783540352655
Book Title: Posted Price Offers in Internet Auction Markets
Number of Pages: Xiv, 184 Pages
Publication Name: Posted Price Offers in Internet Auction Markets
Language: English
Publisher: Springer Berlin / Heidelberg
Subject: Management Information Systems, Operations Research, Information Management, E-Commerce / General (See Also Computers / Electronic Commerce)
Publication Year: 2006
Item Weight: 22.6 Oz
Type: Textbook
Author: Stefan Seifert
Item Length: 9.3 in
Subject Area: Computers, Business & Economics
Series: Lecture Notes in Economics and Mathematical Systems Ser.
Item Width: 6.1 in
Format: Trade Paperback
