Analysis of the efficiency of electronic reverse auction settings: big data evidence

Dráb, Radovan; Štofa, Tomáš; Delina, Radoslav

doi:10.1007/s10660-020-09433-0

Cited by 5 publications

(5 citation statements)

References 38 publications

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“…This is followed by Dumas et al’s [ 76 ] article on bidding agents in e-auction, and Marinč’s [ 77 ] article on the impact of information technology on the banking industry. Other articles in this cluster have explored topics such as game theoretic aspects of search auctions [ 78 ], auction mechanism for ad space among advertisers [ 79 ], trust analysis in online procurement [ 80 ], efficiency of reverse auctions [ 81 ], and effect of hedonic and utilitarian behaviors on the e-auction behavior [ 82 ]. Thus, ECR articles in this cluster appear to be focused on online exchanges and transactions , particularly in terms of auction mechanisms and banking-related services.…”

Section: Bibliographic Coupling: Thematic Clustersmentioning

confidence: 99%

20 years of Electronic Commerce Research

Kumar

Lim

Pandey

et al. 2021

Electron Commer Res

144

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2021 marks the 20th anniversary of the founding of Electronic Commerce Research ( ECR ). The journal has changed substantially over its life, reflecting the wider changes in the tools and commercial focus of electronic commerce. ECR ’s early focus was telecommunications and electronic commerce. After reorganization and new editorship in 2014, that focus expanded to embrace emerging tools, business models, and applications in electronic commerce, with an emphasis on the innovations and the vibrant growth of electronic commerce in Asia. Over this time, ECR ’s impact and volume of publications have grown rapidly, and ECR is considered one of the premier journals in its discipline. This invited research summarizes the evolution of ECR ’s research focus over its history.

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Section: Bibliographic Coupling: Thematic Clustersmentioning

confidence: 99%

20 years of Electronic Commerce Research

Kumar

Lim

Pandey

et al. 2021

Electron Commer Res

144

View full text Add to dashboard Cite

show abstract

“…Dráb et al [27] with a statistical study of 11,000 online reverse auctions have shown that disclosure of information leads to increased auction efficiency, but buyers and sellers are less willing to participate in an open auction. In the proposed model of this paper, in addition to the fact that there is no concern about explicit disclosure of information, the efficiency of the auction has not changed significantly compared to the open type.…”

Section: Discussionmentioning

confidence: 99%

“…It can be conducted on the basis of the information provided to sellers in each round. erefore, the level of information disclosure is an influential factor in assessing the performance of an auction [27].…”

Section: Literature Reviewmentioning

confidence: 99%

A Framework for Online Reverse Auction Based on Market Maker Learning with a Risk-Averse Buyer

Tayaran

Ghazanfari

2020

Mathematical Problems in Engineering

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The online reverse auction is considered as a new e-commerce approach to purchasing and procuring goods and materials in the supply chain. With the rapid and ever-expanding development of information technology as well as the increasing usage of the Internet around the world, the use of an online reverse auction method to provide the required items by organizations has increased. Accordingly, in this paper, a new framework for the online reverse auction process is provided that takes both sides of the procurement process, namely, buyer and seller. The proposed process is a multiattribute semisealed multiround online reverse auction. The main feature of the proposed process is that an online market maker facilitates the seller’s bidding process by the estimation of the buyer’s scoring function. For this purpose, a multilayer perceptron neural network was used to estimate the scoring function. In this case, in addition to hiding the buyer’s scoring function, sellers can improve their bids using the estimated scoring function and a nonlinear multiobjective optimization model. The NSGA II algorithm has been used to solve the seller model. To evaluate the proposed model, the auction process is simulated by considering three scoring functions (additive, multiplicative, and risk-aversion) and two types of open and semisealed auctions. The simulation results show that the efficiency of the proposed model is not significantly different from the open auction, and in addition, unlike the open auction, the buyer information was not disclosed.

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“…The reason for the low level of SATI in the five northwestern provinces is the remote geographical location and the closed transportation, which makes its ED late and backward. It will also provide a good opportunity for the development of science and technology [12].…”

Section: Level Of Development Of Sati In Shaanxi Provincementioning

confidence: 99%

Regional Economic Growth and Technological Innovation in the Belt and Road Based on Big Data Analysis - An Example from Shaanxi Province

Lei¹

2023

Proceedings of the 4th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2022, December

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In recent years, the global economy has been weak, and scientific and technological innovation (SATI) has become a new driving force for economic development (ED), while the construction of SATI requires a large amount of capital investment as a guarantee. As the core of modern economy, economic growth (EG) can rely on its own advantages to gather social idle funds to invest in ED, so it has a very good role in supporting and promoting the promotion of SATI. This paper takes Shaanxi Province as the main research object, and based on big data analysis (BDA), studies and analyzes the EG and technological innovation (TI) of the belt and road (BAR) region of Shaanxi Province. This paper plans to select the spatial econometric model of computer technology to estimate the financial support for SATI in the five northwestern provinces. By drawing on the good experience of EG and TI at home and abroad, and combining with the specific empirical and theoretical analysis results of the five northwest provinces, this paper analyzes the EG and TI of Shaanxi Province; The results show that Shaanxi Province needs to continue to strengthen the support of EG for SATI; We should also strengthen regional cooperation to form a good spatial spillover effect of EG and SATI; More importantly, we should seize the opportunity of the construction and development of the the BAR, give full play to regional advantages, and extensively absorb domestic and foreign EG funds to promote regional SATI.

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Analysis of the efficiency of electronic reverse auction settings: big data evidence

Cited by 5 publications

References 38 publications

20 years of Electronic Commerce Research

20 years of Electronic Commerce Research

A Framework for Online Reverse Auction Based on Market Maker Learning with a Risk-Averse Buyer

Regional Economic Growth and Technological Innovation in the Belt and Road Based on Big Data Analysis - An Example from Shaanxi Province

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