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Auction Theory: Bidder's Perspective in a Public Out-Cry English Auction
Citation
Aryal, J and Kulasiri, D and Carnaby, GA, Auction Theory: Bidder's Perspective in a Public Out-Cry English Auction, International Journal of Computer and Information Science and Engineering, 2, (7) pp. 428-432. ISSN 1307-4164 (2008) [Refereed Article]
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Copyright Statement
Copyright 2008 World Academy of Science, Engineering and Technology Licensed under Creative Commons (Attribution unknown)
Official URL: http://www.ijisce.org/index.php?p=1
Abstract
This paper provides an overview of auction theory literature. We present a general review on literature of various auctions and focus ourselves specifically on an English auction. We are interested in modelling bidder’s behavior in an English auction environment. And hence, we present an overview of the New Zealand wool auction followed by a model that would describe a bidder’s decision making behavior from the New Zealand wool auction. The
mathematical assumptions in an English auction environment are demonstrated from the perspective of the New Zealand wool auction.
Item Details
| Item Type: | Refereed Article |
|---|---|
| Research Division: | Studies in Human Society |
| Research Group: | Human Geography |
| Research Field: | Economic Geography |
| Objective Division: | Environment |
| Objective Group: | Land and Water Management |
| Objective Field: | Land and Water Management of environments not elsewhere classified |
| UTAS Author: | Aryal, J (Dr Jagannath Aryal) |
| ID Code: | 80437 |
| Year Published: | 2008 |
| Deposited By: | Geography and Environmental Studies |
| Deposited On: | 2012-10-31 |
| Last Modified: | 2012-11-08 |
| Downloads: | 276 View Download Statistics |
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