Output details
13 - Electrical and Electronic Engineering, Metallurgy and Materials
Imperial College London : A - Electrical and Electronic engineering
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Article title
Analysis of Single and Networked Auctions
Type
D - Journal article
Title of journal
ACM Transactions on Internet Technology
Article number
ARTN 8
Volume number
9
Issue number
2
First page of article
-
ISSN of journal
1533-5399
Year of publication
2009
URL
-
Number of additional authors
0
Additional information
This first attempt to model N separate e-auctions in conjunction with the networks that link them, considers flows of bidders to each auction site that are allowed to move between auction sites using the Internet. The main result is a closed "product form" expression for the joint probability distribution of the price and number of bidders at each auction, and the income per unit time for each of the sites. Input parameters include the external arrival rates of bidders, the probabilities of moving from one auction to another, the bidding rates, and departure rates of bidders from different auctions.
Interdisciplinary
-
Cross-referral requested
-
Research group
B - Intelligent Systems and Networks
Proposed double-weighted
No
Double-weighted statement
-
Reserve for a double-weighted output
No
Non-English
No
English abstract
-
