Impact of Selected Factors on the Results of Electronic Reverse Auctions
Bibliographic Data
| ID | 10713875 |
|---|---|
| Authors | Vojtěch Klézl (0000-0002-0604-5686, VSB - Technical University of Ostrava), Radoslav Delina (0000-0003-0412-9840, Technical University of Košice), Lenka Senderáková, Michal Tkáč (0000-0003-2186-6527, Bratislava University of Economics and Business) |
| Year | 2020 |
| Volume | 68 |
| Issue | 1 |
| Pages | 62-85 |
| Publication date | 2020-03-07 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Politická ekonomie (JOURNAL) |
| Journal identifiers | ISSN: 0032-3233 • E-ISSN: 2336-8225 |
| Publisher | Prague University of Economics and Business (PUBLISHER • CZ) |
| DOI | 10.18267/j.polek.1268 |
| OpenAlex | W3010697281 |
| Language | EN |
| References cited | 37 |
In the study, we focus on examining the impact of selected factors on the results of electronic reverse auctions and thus the savings achieved. The study extends the knowledge of extant literature to empirical insights and uses currently the broadest sample of approximately 16,000 e-auction cases. The study confirms that the savings calculation method and the use of a comparative or initial price affect the outcome of the auction as well as the individual selected factors entering the model (e-auction value, number of changes, number of extensions, number of bidders, number of items)
Affect (linguistics) · Common value auction · Economics · Electronic markets · Extant taxon · Focus (optics) · Microeconomics · Outcome (game theory) · Reverse auction · Sample (material) · Statistics · Value (mathematics) · Auction Theory and Applications · Computer Science · Consumer Market Behavior and Pricing · Mathematics · Psychology · Supply Chain and Inventory Management
| Citation velocity | historical |
|---|---|
| Highly cited | No |