A Comparative Analysis of Several Auction Types with Shill Bidding
Aimed at the disadvantage of current research of shill bidding with different online auctions types, in this paper, Applying decision analysis method and game theory, firstly, we research the bidder’s optimal biding Strategy on English Auction, Firstprice Sealedbid Auction and Secondprice sealedbid auction with Shill Bidding, respectively. Secondly, we use bidder’s expected gain and seller’s revenue as a basis to compare these three important auctions types, and interpret some bidding behavior in practice.
Shillbidding Englishauction First-pricesealed-bidauction Second-pricesealed-bidauction
Shuguang Chen Xiaodong Liu Shengli Chen
School of Information, Xian University of Finance and Economics, Xian 710100, China
国际会议
广州
英文
1-4
2011-05-13（万方平台首次上网日期，不代表论文的发表时间）