Introduction -- Model of the APPO Market Institution -- Design of the APPO Experiment -- Results of the Experiment -- Conclusion and Outlook
Summary
Applying a Market Engineering approach, this book introduces a model of an auction with a posted price offer and investigates the characteristics of such mechanisms. It discusses the respective equilibrium strategies of both the sellers and the bidders which provide useful insights into understanding actual behavior
Analysis
economie
economics
bedrijfswetenschap
management science
speltheorie
game theory
wiskunde
mathematics
operationeel onderzoek
operations research
bedrijfsinformatiesystemen
management information systems
elektronische handel
electronic commerce
Management studies, Business Administration, Organizational Science (General)